Türk Traktör ve Ziraat Makineleri Dividend
Dividend criteria checks 4/6
Türk Traktör ve Ziraat Makineleri is a dividend paying company with a current yield of 7.78% that is well covered by earnings.
Key information
7.8%
Dividend yield
76%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ₺62.960 |
Earnings per share | ₺92.34 |
Dividend yield forecast in 3Y | 15.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TTRAK's dividend payments have been volatile in the past 10 years.
Growing Dividend: TTRAK's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Türk Traktör ve Ziraat Makineleri Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TTRAK) | 7.8% |
Market Bottom 25% (TR) | 0.4% |
Market Top 25% (TR) | 2.4% |
Industry Average (Machinery) | 3.3% |
Analyst forecast in 3 Years (TTRAK) | 15.4% |
Notable Dividend: TTRAK's dividend (7.78%) is higher than the bottom 25% of dividend payers in the TR market (0.43%).
High Dividend: TTRAK's dividend (7.78%) is in the top 25% of dividend payers in the TR market (2.36%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.4%), TTRAK's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TTRAK is paying a dividend but the company has no free cash flows.