Société Tunisienne d'Entreprises de Télécommunications Dividend
What is Société Tunisienne d'Entreprises de Télécommunications's current dividend yield, its reliability and sustainability?
Dividend Score
1/6Dividend Score 1/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
3.42%
Current Dividend Yield
Dividend Yield vs Market
| Société Tunisienne d'Entreprises de Télécommunications Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SOTET) | 3.4% |
| Market Bottom 25% (TN) | 3.6% |
| Market Top 25% (TN) | 6.4% |
| Industry Average (Telecom) | 6.1% |
| Analyst forecast in 3 Years (SOTET) | n/a |
Notable Dividend: SOTET's dividend (3.42%) isn’t notable compared to the bottom 25% of dividend payers in the TN market (3.56%).
High Dividend: SOTET's dividend (3.42%) is low compared to the top 25% of dividend payers in the TN market (6.39%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/18/2023 | 0.1 | 3.42 |
| 8/3/2021 | 0.1 | 3.21 |
Stable Dividend: Too early to tell whether SOTET's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if SOTET's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.3%), SOTET's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SOTET is paying a dividend but the company has no free cash flows.