Tungtex (Holdings) Dividend
Dividend criteria checks 3/6
Tungtex (Holdings) is a dividend paying company with a current yield of 2.05% that is well covered by earnings.
Key information
2.0%
Dividend yield
19%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.027 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TUGH.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: TUGH.F's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Tungtex (Holdings) Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (TUGH.F) | 2.0% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Luxury) | 1.8% |
Analyst forecast in 3 Years (TUGH.F) | n/a |
Notable Dividend: TUGH.F's dividend (2.05%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: TUGH.F's dividend (2.05%) is low compared to the top 25% of dividend payers in the US market (4.85%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.6%), TUGH.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.1%), TUGH.F's dividend payments are well covered by cash flows.