Erbosan Erciyas Boru Sanayii ve Ticaret is a dividend paying company with a current yield of 0.49% that is well covered by earnings. Next payment date is on 4th June, 2024 with an ex-dividend date of 31st May, 2024.
Key information
0.5%
Dividend yield
7%
Payout ratio
Industry average yield
0.6%
Next dividend pay date
04 Jun 24
Ex dividend date
31 May 24
Dividend per share
n/a
Earnings per share
-₺7.44
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ERBOS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ERBOS's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Erbosan Erciyas Boru Sanayii ve Ticaret Dividend Yield vs Market
How does ERBOS dividend yield compare to the market?
Segment
Dividend Yield
Company (ERBOS)
0.5%
Market Bottom 25% (TR)
0.4%
Market Top 25% (TR)
2.1%
Industry Average (Metals and Mining)
0.6%
Analyst forecast in 3 Years (ERBOS)
n/a
Notable Dividend: ERBOS's dividend (0.49%) is higher than the bottom 25% of dividend payers in the TR market (0.38%).
High Dividend: ERBOS's dividend (0.49%) is low compared to the top 25% of dividend payers in the TR market (2.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6.9%), ERBOS's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.1%), ERBOS's dividend payments are well covered by cash flows.