Turbomecanica Dividend
Dividend criteria checks 4/6
Turbomecanica is a dividend paying company with a current yield of 7.73% that is well covered by earnings. Next payment date is on 24th October, 2024 with an ex-dividend date of 10th October, 2024.
Key information
7.7%
Dividend yield
69%
Payout ratio
| Industry average yield | 1.4% |
| Next dividend pay date | 24 Oct 24 |
| Ex dividend date | 10 Oct 24 |
| Dividend per share | n/a |
| Earnings per share | RON0.029 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Estimating The Fair Value Of Turbomecanica SA (BVB:TBM)
Jan 09
Does Turbomecanica (BVB:TBM) Have A Healthy Balance Sheet?
Mar 02Some Investors May Be Worried About Turbomecanica's (BVB:TBM) Returns On Capital
Oct 12Returns On Capital Signal Tricky Times Ahead For Turbomecanica (BVB:TBM)
Mar 16The Returns On Capital At Turbomecanica (BVB:TBM) Don't Inspire Confidence
Sep 05Turbomecanica (BVB:TBM) Has A Somewhat Strained Balance Sheet
Apr 22We're Watching These Trends At Turbomecanica (BVB:TBM)
Mar 15Is Turbomecanica SA's (BVB:TBM) Recent Performance Tethered To Its Attractive Financial Prospects?
Feb 03Should You Use Turbomecanica's (BVB:TBM) Statutory Earnings To Analyse It?
Jan 07
Is Turbomecanica (BVB:TBM) Using Too Much Debt?
Dec 09Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, TBM has been paying a dividend for less than 10 years.
Growing Dividend: TBM has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Turbomecanica Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TBM) | 7.7% |
| Market Bottom 25% (RO) | 2.3% |
| Market Top 25% (RO) | 6.7% |
| Industry Average (Aerospace & Defense) | 1.4% |
| Analyst forecast in 3 Years (TBM) | n/a |
Notable Dividend: TBM's dividend (7.73%) is higher than the bottom 25% of dividend payers in the RO market (2.27%).
High Dividend: TBM's dividend (7.73%) is in the top 25% of dividend payers in the RO market (6.71%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.6%), TBM's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.5%), TBM's dividend payments are well covered by cash flows.