Societe Tunisienne de Verreries Dividends and Buybacks
Dividend criteria checks 2/6
Societe Tunisienne de Verreries is a dividend paying company with a current yield of 4.47% that is well covered by earnings.
Key information
4.5%
Dividend yield
-0.01%
Buyback Yield
| Total Shareholder Yield | 4.5% |
| Future Dividend Yield | 4.6% |
| Dividend Growth | -1.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | د.ت0.550 |
| Payout ratio | 46% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, STV14 has been paying a dividend for less than 10 years.
Growing Dividend: STV14's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Societe Tunisienne de Verreries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (STV14) | 4.5% |
| Market Bottom 25% (TN) | 4.2% |
| Market Top 25% (TN) | 7.7% |
| Industry Average (Packaging) | 6.3% |
| Analyst forecast (STV14) (up to 3 years) | 4.6% |
Notable Dividend: STV14's dividend (4.47%) is higher than the bottom 25% of dividend payers in the TN market (4.24%).
High Dividend: STV14's dividend (4.47%) is low compared to the top 25% of dividend payers in the TN market (7.69%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.3%), STV14's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate STV14's cash payout ratio to determine if its dividend payments are covered by cash flows.