Tura Group Dividend

Dividend criteria checks 1/6

Tura Group is a dividend paying company with a current yield of 3.66%.

Key information

3.7%

Dividend yield

552%

Payout ratio

Industry average yield2.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareSEK 0.150
Earnings per shareSEK 0.027
Dividend yield forecastn/a

Recent dividend updates

Recent updates

Tura Group (NGM:TURA) May Have Issues Allocating Its Capital

Aug 01
Tura Group (NGM:TURA) May Have Issues Allocating Its Capital

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Too early to tell whether TURA's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if TURA's dividend payments are increasing as they only just started paying a dividend.


Dividend Yield vs Market

Tura Group Dividend Yield vs Market
How does TURA dividend yield compare to the market?
SegmentDividend Yield
Company (TURA)3.7%
Market Bottom 25% (SE)1.5%
Market Top 25% (SE)4.4%
Industry Average (Retail Distributors)2.5%
Analyst forecast (TURA) (up to 3 years)n/a

Notable Dividend: TURA's dividend (3.66%) is higher than the bottom 25% of dividend payers in the Swedish market (1.51%).

High Dividend: TURA's dividend (3.66%) is low compared to the top 25% of dividend payers in the Swedish market (4.43%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (552.3%), TURA's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: TURA is paying a dividend but the company has no free cash flows.


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