Türk Traktör ve Ziraat Makineleri Dividends and Buybacks
Dividend criteria checks 3/6
Türk Traktör ve Ziraat Makineleri is a dividend paying company with a current yield of 8.47%. Next payment date is on 12th November, 2024 with an ex-dividend date of 8th November, 2024.
Key information
8.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 19.1% |
| Dividend Growth | -0.1% |
| Next dividend pay date | 12 Nov 24 |
| Ex dividend date | 08 Nov 24 |
| Dividend per share | ₺62.960 |
| Payout ratio | 131% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TTRAK) | 8.5% |
| Market Bottom 25% (TR) | 0.6% |
| Market Top 25% (TR) | 2.8% |
| Industry Average (Machinery) | 4.0% |
| Analyst forecast (TTRAK) (up to 3 years) | 19.1% |
Notable Dividend: TTRAK's dividend (8.47%) is higher than the bottom 25% of dividend payers in the TR market (0.57%).
High Dividend: TTRAK's dividend (8.47%) is in the top 25% of dividend payers in the TR market (2.85%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (131.2%), TTRAK's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TTRAK is paying a dividend but the company has no free cash flows.