Tungtex (Holdings) Dividends and Buybacks
Dividend criteria checks 1/6
Tungtex (Holdings) is a dividend paying company with a current yield of 2.7%.
Key information
2.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 8.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.00064 |
| Payout ratio | -18% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TUGH.F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TUGH.F has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Tungtex (Holdings) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TUGH.F) | 2.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Luxury) | 2.0% |
| Analyst forecast (TUGH.F) (up to 3 years) | n/a |
Notable Dividend: TUGH.F's dividend (2.7%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: TUGH.F's dividend (2.7%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Earnings Payout to Shareholders
Earnings Coverage: TUGH.F is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: TUGH.F is paying a dividend but the company has no free cash flows.