Tanzania Cigarette Dividend
Dividend criteria checks 1/6
Tanzania Cigarette is a dividend paying company with a current yield of 2.94% that is well covered by earnings.
Key information
2.9%
Dividend yield
49%
Payout ratio
Industry average yield | 9.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | TSh711.92 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TCC's dividend payments have been volatile in the past 10 years.
Growing Dividend: TCC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Tanzania Cigarette Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (TCC) | 2.9% |
Market Bottom 25% (TZ) | 3.0% |
Market Top 25% (TZ) | 6.8% |
Industry Average (Tobacco) | 9.9% |
Analyst forecast in 3 Years (TCC) | n/a |
Notable Dividend: TCC's dividend (2.94%) isn’t notable compared to the bottom 25% of dividend payers in the TZ market (2.98%).
High Dividend: TCC's dividend (2.94%) is low compared to the top 25% of dividend payers in the TZ market (6.84%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.2%), TCC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (120.8%), TCC's dividend payments are not well covered by cash flows.