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 8.93%.
Key information
8.9%
Dividend yield
103%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₺20.000 |
| Earnings per share | ₺19.45 |
| Dividend yield forecast | 21.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TOASO's dividend payments have been volatile in the past 10 years.
Growing Dividend: TOASO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tofas Türk Otomobil Fabrikasi Anonim Sirketi Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TOASO) | 8.9% |
| Market Bottom 25% (TR) | 0.4% |
| Market Top 25% (TR) | 2.6% |
| Industry Average (Auto) | 2.7% |
| Analyst forecast (TOASO) (up to 3 years) | 21.4% |
Notable Dividend: TOASO's dividend (8.93%) is higher than the bottom 25% of dividend payers in the TR market (0.44%).
High Dividend: TOASO's dividend (8.93%) is in the top 25% of dividend payers in the TR market (2.73%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (102.8%), TOASO's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TOASO is paying a dividend but the company has no free cash flows.