Thungela Resources Dividend
Dividend criteria checks 4/6
Thungela Resources is a dividend paying company with a current yield of 16.88% that is well covered by earnings.
Key information
16.9%
Dividend yield
53%
Payout ratio
Industry average yield | 4.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | US$1.066 |
Earnings per share | US$38.44 |
Dividend yield forecast in 3Y | 9.7% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TNGR.F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TNGR.F's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Thungela Resources Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TNGR.F) | 16.9% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.4% |
Industry Average (Oil and Gas) | 4.0% |
Analyst forecast in 3 Years (TNGR.F) | 9.7% |
Notable Dividend: TNGR.F's dividend (16.88%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: TNGR.F's dividend (16.88%) is in the top 25% of dividend payers in the US market (4.4%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.1%), TNGR.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.5%), TNGR.F's dividend payments are covered by cash flows.