Deva Holding is a dividend paying company with a current yield of 0.17% that is well covered by earnings. Next payment date is on 27th June, 2024 with an ex-dividend date of 25th June, 2024.
Key information
0.2%
Dividend yield
1%
Payout ratio
Industry average yield
1.9%
Next dividend pay date
27 Jun 24
Ex dividend date
25 Jun 24
Dividend per share
n/a
Earnings per share
₺16.93
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: Whilst dividend payments have been stable, DEVA has been paying a dividend for less than 10 years.
Growing Dividend: DEVA's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Deva Holding Dividend Yield vs Market
How does DEVA dividend yield compare to the market?
Segment
Dividend Yield
Company (DEVA)
0.2%
Market Bottom 25% (TR)
0.4%
Market Top 25% (TR)
2.3%
Industry Average (Pharmaceuticals)
1.9%
Analyst forecast in 3 Years (DEVA)
n/a
Notable Dividend: DEVA's dividend (0.17%) isn’t notable compared to the bottom 25% of dividend payers in the TR market (0.42%).
High Dividend: DEVA's dividend (0.17%) is low compared to the top 25% of dividend payers in the TR market (2.27%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (1.3%), DEVA's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.7%), DEVA's dividend payments are well covered by cash flows.