Tanzania Portland Cement Dividends and Buybacks
Dividend criteria checks 4/6
Tanzania Portland Cement is a dividend paying company with a current yield of 10.77% that is well covered by earnings.
Key information
10.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 2.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | TSh390.000 |
| Payout ratio | 71% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TPCC's dividend payments have been volatile in the past 10 years.
Growing Dividend: TPCC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tanzania Portland Cement Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TPCC) | 10.8% |
| Market Bottom 25% (TZ) | 3.7% |
| Market Top 25% (TZ) | 6.5% |
| Industry Average (Basic Materials) | 4.2% |
| Analyst forecast (TPCC) (up to 3 years) | n/a |
Notable Dividend: TPCC's dividend (10.77%) is higher than the bottom 25% of dividend payers in the TZ market (3.72%).
High Dividend: TPCC's dividend (10.77%) is in the top 25% of dividend payers in the TZ market (6.46%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.7%), TPCC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate TPCC's cash payout ratio to determine if its dividend payments are covered by cash flows.