Kordsa Teknik Tekstil Dividend
Dividend criteria checks 2/6
Kordsa Teknik Tekstil is a dividend paying company with a current yield of 0.29% that is well covered by earnings.
Key information
0.3%
Dividend yield
30%
Payout ratio
| Industry average yield | 0.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₺0.95 |
| Dividend yield forecast in 3Y | 0.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: KORDS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: KORDS has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Kordsa Teknik Tekstil Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (KORDS) | 0.3% |
| Market Bottom 25% (TR) | 0.4% |
| Market Top 25% (TR) | 2.1% |
| Industry Average (Auto Components) | 0.9% |
| Analyst forecast in 3 Years (KORDS) | 0.3% |
Notable Dividend: KORDS's dividend (0.29%) isn’t notable compared to the bottom 25% of dividend payers in the TR market (0.38%).
High Dividend: KORDS's dividend (0.29%) is low compared to the top 25% of dividend payers in the TR market (2.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.8%), KORDS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (3%), KORDS's dividend payments are thoroughly covered by cash flows.