Merit Turizm Yatirim ve Isletme Anonim Sirketi Dividends and Buybacks
Dividend criteria checks 2/6
Merit Turizm Yatirim ve Isletme Anonim Sirketi is a dividend paying company with a current yield of 0.52% that is well covered by earnings.
Key information
0.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₺1.000 |
| Payout ratio | 11% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether MERIT's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if MERIT's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Merit Turizm Yatirim ve Isletme Anonim Sirketi Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MERIT) | 0.5% |
| Market Bottom 25% (TR) | 0.5% |
| Market Top 25% (TR) | 2.7% |
| Industry Average (Hospitality) | 0.4% |
| Analyst forecast (MERIT) (up to 3 years) | n/a |
Notable Dividend: MERIT's dividend (0.52%) isn’t notable compared to the bottom 25% of dividend payers in the TR market (0.53%).
High Dividend: MERIT's dividend (0.52%) is low compared to the top 25% of dividend payers in the TR market (2.71%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.1%), MERIT's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.9%), MERIT's dividend payments are covered by cash flows.