Table Trac Dividends and Buybacks
Dividend criteria checks 2/6
Table Trac is a dividend paying company with a current yield of 1% that is well covered by earnings. Next payment date is on 13th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
1.0%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 1.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.7% |
| Next dividend pay date | 13 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | US$0.040 |
| Payout ratio | 8% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TBTC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TBTC has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Table Trac Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TBTC) | 1.0% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Hospitality) | 1.8% |
| Analyst forecast (TBTC) (up to 3 years) | n/a |
Notable Dividend: TBTC's dividend (1%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: TBTC's dividend (1%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.3%), TBTC's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.3%), TBTC's dividend payments are thoroughly covered by cash flows.