Tofas Türk Otomobil Fabrikasi Anonim Sirketi Dividend
Dividend criteria checks 3/6
Tofas Türk Otomobil Fabrikasi Anonim Sirketi is a dividend paying company with a current yield of 7.33% that is well covered by earnings.
Key information
7.3%
Dividend yield
66%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₺30.17 |
Dividend yield forecast in 3Y | 13.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TOASO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TOASO's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Tofas Türk Otomobil Fabrikasi Anonim Sirketi Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TOASO) | 7.3% |
Market Bottom 25% (TR) | 0.4% |
Market Top 25% (TR) | 2.1% |
Industry Average (Auto) | 2.2% |
Analyst forecast in 3 Years (TOASO) | 13.6% |
Notable Dividend: TOASO's dividend (7.33%) is higher than the bottom 25% of dividend payers in the TR market (0.38%).
High Dividend: TOASO's dividend (7.33%) is in the top 25% of dividend payers in the TR market (2.12%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.3%), TOASO's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (182%), TOASO's dividend payments are not well covered by cash flows.