Tabcorp Holdings Dividend
Dividend criteria checks 2/6
Tabcorp Holdings is a dividend paying company with a current yield of 2.88%. Next payment date is on 5th April, 2024 with an ex-dividend date of 1st March, 2024.
Key information
2.9%
Dividend yield
-7%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | 05 Apr 24 |
Ex dividend date | 01 Mar 24 |
Dividend per share | n/a |
Earnings per share | -US$0.28 |
Dividend yield forecast in 3Y | 5.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TACB.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: TACB.Y's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Tabcorp Holdings Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (TACB.Y) | 2.9% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.6% |
Industry Average (Hospitality) | 2.4% |
Analyst forecast in 3 Years (TACB.Y) | 5.1% |
Notable Dividend: TACB.Y's dividend (2.88%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: TACB.Y's dividend (2.88%) is low compared to the top 25% of dividend payers in the US market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: TACB.Y is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21%), TACB.Y's dividend payments are well covered by cash flows.