Daimler Truck Holding is a dividend paying company with a current yield of 4.32% that is well covered by earnings. Next payment date is on 31st May, 2024 with an ex-dividend date of 16th May, 2024.
Key information
4.3%
Dividend yield
41%
Payout ratio
Industry average yield
1.6%
Next dividend pay date
31 May 24
Ex dividend date
16 May 24
Dividend per share
n/a
Earnings per share
US$4.70
Dividend yield forecast in 3Y
6.2%
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether DTRU.Y's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if DTRU.Y's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Daimler Truck Holding Dividend Yield vs Market
How does DTRU.Y dividend yield compare to the market?
Segment
Dividend Yield
Company (DTRU.Y)
4.3%
Market Bottom 25% (US)
1.5%
Market Top 25% (US)
4.8%
Industry Average (Machinery)
1.6%
Analyst forecast in 3 Years (DTRU.Y)
6.2%
Notable Dividend: DTRU.Y's dividend (4.32%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: DTRU.Y's dividend (4.32%) is low compared to the top 25% of dividend payers in the US market (4.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.2%), DTRU.Y's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: DTRU.Y is paying a dividend but the company has no free cash flows.