Banque de Tunisie Société anonyme Dividend
Dividend criteria checks 3/6
Banque de Tunisie Société anonyme is a dividend paying company with a current yield of 5.26% that is well covered by earnings. Next payment date is on 8th May, 2024 with an ex-dividend date of 7th May, 2024.
Key information
5.3%
Dividend yield
42%
Payout ratio
| Industry average yield | 6.5% |
| Next dividend pay date | 08 May 24 |
| Ex dividend date | 07 May 24 |
| Dividend per share | n/a |
| Earnings per share | د.ت0.68 |
| Dividend yield forecast in 3Y | 4.3% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, BT has been paying a dividend for less than 10 years.
Growing Dividend: BT has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Banque de Tunisie Société anonyme Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BT) | 5.3% |
| Market Bottom 25% (TN) | 4.6% |
| Market Top 25% (TN) | 8.2% |
| Industry Average (Banks) | 6.5% |
| Analyst forecast in 3 Years (BT) | 4.3% |
Notable Dividend: BT's dividend (5.26%) is higher than the bottom 25% of dividend payers in the TN market (4.58%).
High Dividend: BT's dividend (5.26%) is low compared to the top 25% of dividend payers in the TN market (8.21%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.4%), BT's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BT's dividends in 3 years are forecast to be well covered by earnings (43.4% payout ratio).