Société Tunisienne d'Entreprises de Télécommunications Dividends and Buybacks
Dividend criteria checks 2/6
Société Tunisienne d'Entreprises de Télécommunications is a dividend paying company with a current yield of 7.69% that is well covered by earnings.
Key information
7.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 7.7% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | د.ت0.500 |
| Payout ratio | 46% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SOTET has been paying a dividend for less than 10 years.
Growing Dividend: SOTET's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Société Tunisienne d'Entreprises de Télécommunications Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SOTET) | 7.7% |
| Market Bottom 25% (TN) | 4.2% |
| Market Top 25% (TN) | 7.7% |
| Industry Average (Telecom) | 5.8% |
| Analyst forecast (SOTET) (up to 3 years) | 7.7% |
Notable Dividend: SOTET's dividend (7.69%) is higher than the bottom 25% of dividend payers in the TN market (4.23%).
High Dividend: SOTET's dividend (7.69%) 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 (46.2%), SOTET's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SOTET is paying a dividend but the company has no free cash flows.