Tax-Net Dividend
Dividend criteria checks 5/6
Tax-Net is a dividend paying company with a current yield of 6.62% that is well covered by earnings.
Key information
6.6%
Dividend yield
65%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | zł0.34 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TXN's dividends per share have been stable in the past 10 years.
Growing Dividend: TXN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tax-Net Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TXN) | 6.6% |
| Market Bottom 25% (PL) | 2.4% |
| Market Top 25% (PL) | 7.9% |
| Industry Average (Professional Services) | 1.8% |
| Analyst forecast in 3 Years (TXN) | n/a |
Notable Dividend: TXN's dividend (6.62%) is higher than the bottom 25% of dividend payers in the Polish market (2.4%).
High Dividend: TXN's dividend (6.62%) is low compared to the top 25% of dividend payers in the Polish market (7.88%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.8%), TXN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.1%), TXN's dividend payments are well covered by cash flows.