Tessenderlo Group Dividends and Buybacks
Dividend criteria checks 3/6
Tessenderlo Group is a dividend paying company with a current yield of 3.46% that is well covered by earnings.
Key information
3.5%
Dividend yield
3.7%
Buyback Yield
| Total Shareholder Yield | 7.2% |
| Future Dividend Yield | 3.7% |
| Dividend Growth | 24.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.811 |
| Payout ratio | 52% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, TSDO.F has been paying a dividend for less than 10 years.
Growing Dividend: TSDO.F has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Tessenderlo Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TSDO.F) | 3.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Chemicals) | 1.9% |
| Analyst forecast (TSDO.F) (up to 3 years) | 3.7% |
Notable Dividend: TSDO.F's dividend (3.46%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: TSDO.F's dividend (3.46%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.2%), TSDO.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35.9%), TSDO.F's dividend payments are well covered by cash flows.