Société Tunisienne Industrielle du Papier et du Carton Dividend
Dividend criteria checks 5/6
Société Tunisienne Industrielle du Papier et du Carton is a dividend paying company with a current yield of 10.31% that is well covered by earnings.
Key information
10.3%
Dividend yield
51%
Payout ratio
Industry average yield | 1.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | د.ت0.92 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: STPAP's dividends per share have been stable in the past 10 years.
Growing Dividend: STPAP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Société Tunisienne Industrielle du Papier et du Carton Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (STPAP) | 10.3% |
Market Bottom 25% (TN) | 4.6% |
Market Top 25% (TN) | 8.7% |
Industry Average (Packaging) | 1.1% |
Analyst forecast in 3 Years (STPAP) | n/a |
Notable Dividend: STPAP's dividend (10.31%) is higher than the bottom 25% of dividend payers in the TN market (4.6%).
High Dividend: STPAP's dividend (10.31%) is in the top 25% of dividend payers in the TN market (8.65%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.2%), STPAP's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate STPAP's cash payout ratio to determine if its dividend payments are covered by cash flows.