Tesco Dividends and Buybacks
Dividend criteria checks 3/6
Tesco is a dividend paying company with a current yield of 3.54% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 15th October, 2024.
Key information
3.5%
Dividend yield
3.8%
Buyback Yield
| Total Shareholder Yield | 7.4% |
| Future Dividend Yield | 4.4% |
| Dividend Growth | 10.1% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 15 Oct 24 |
| Dividend per share | US$0.164 |
| Payout ratio | 46% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TSCD.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: TSCD.Y's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Tesco Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TSCD.Y) | 3.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Consumer Retailing) | 1.1% |
| Analyst forecast (TSCD.Y) (up to 3 years) | 4.4% |
Notable Dividend: TSCD.Y's dividend (3.54%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: TSCD.Y's dividend (3.54%) is low compared to the top 25% of dividend payers in the US market (4.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.9%), TSCD.Y's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.2%), TSCD.Y's dividend payments are well covered by cash flows.