Automobile Réseau Tunisien et Services Dividend
Dividend criteria checks 2/6
Automobile Réseau Tunisien et Services is a dividend paying company with a current yield of 14.49%.
Key information
14.5%
Dividend yield
131%
Payout ratio
Industry average yield | 4.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | د.ت0.76 |
Dividend yield forecast in 3Y | 8.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ARTES has been paying a dividend for less than 10 years.
Growing Dividend: ARTES's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Automobile Réseau Tunisien et Services Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ARTES) | 14.5% |
Market Bottom 25% (TN) | 4.9% |
Market Top 25% (TN) | 7.7% |
Industry Average (Specialty Retail) | 4.7% |
Analyst forecast in 3 Years (ARTES) | 8.0% |
Notable Dividend: ARTES's dividend (14.49%) is higher than the bottom 25% of dividend payers in the TN market (4.85%).
High Dividend: ARTES's dividend (14.49%) is in the top 25% of dividend payers in the TN market (7.69%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (131.1%), ARTES's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate ARTES's cash payout ratio to determine if its dividend payments are covered by cash flows.