Trinidad Cement Dividends and Buybacks
Dividend criteria checks 2/6
Trinidad Cement is a dividend paying company with a current yield of 3.2% that is well covered by earnings.
Key information
3.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 68.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | TT$0.080 |
| Payout ratio | 19% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TCL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TCL's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Trinidad Cement Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TCL) | 3.2% |
| Market Bottom 25% (TT) | 3.2% |
| Market Top 25% (TT) | 5.6% |
| Industry Average (Basic Materials) | 2.6% |
| Analyst forecast (TCL) (up to 3 years) | n/a |
Notable Dividend: TCL's dividend (3.2%) isn’t notable compared to the bottom 25% of dividend payers in the TT market (3.21%).
High Dividend: TCL's dividend (3.2%) is low compared to the top 25% of dividend payers in the TT market (5.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.6%), TCL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.5%), TCL's dividend payments are thoroughly covered by cash flows.