TCCIA Investment Dividend
Dividend criteria checks 2/6
TCCIA Investment is a dividend paying company with a current yield of 7.03% that is well covered by earnings.
Key information
7.0%
Dividend yield
48%
Payout ratio
Industry average yield | 6.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | TSh31.30 |
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, TICL has been paying a dividend for less than 10 years.
Growing Dividend: TICL's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
TCCIA Investment Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TICL) | 7.0% |
Market Bottom 25% (TZ) | 3.0% |
Market Top 25% (TZ) | 7.0% |
Industry Average (Capital Markets) | 6.8% |
Analyst forecast in 3 Years (TICL) | n/a |
Notable Dividend: TICL's dividend (7.03%) is higher than the bottom 25% of dividend payers in the TZ market (2.98%).
High Dividend: TICL's dividend (7.03%) is low compared to the top 25% of dividend payers in the TZ market (7.03%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.4%), TICL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate TICL's cash payout ratio to determine if its dividend payments are covered by cash flows.