Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri Dividend
Dividend criteria checks 4/6
Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri is a dividend paying company with a current yield of 2.99% that is well covered by earnings.
Key information
3.0%
Dividend yield
29%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₺9.51 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, VAKKO has been paying a dividend for less than 10 years.
Growing Dividend: VAKKO's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (VAKKO) | 3.0% |
Market Bottom 25% (TR) | 0.4% |
Market Top 25% (TR) | 2.1% |
Industry Average (Luxury) | 2.7% |
Analyst forecast in 3 Years (VAKKO) | n/a |
Notable Dividend: VAKKO's dividend (2.99%) is higher than the bottom 25% of dividend payers in the TR market (0.39%).
High Dividend: VAKKO's dividend (2.99%) is in the top 25% of dividend payers in the TR market (2.11%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.9%), VAKKO's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76.5%), VAKKO's dividend payments are covered by cash flows.