Tessenderlo Group Dividend
Dividend criteria checks 3/6
Tessenderlo Group is a dividend paying company with a current yield of 2.86% that is well covered by earnings.
Key information
2.9%
Dividend yield
28%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$2.27 |
Dividend yield forecast in 3Y | 3.2% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TSDO.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: TSDO.F's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Tessenderlo Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TSDO.F) | 2.9% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Chemicals) | 2.0% |
Analyst forecast in 3 Years (TSDO.F) | 3.2% |
Notable Dividend: TSDO.F's dividend (2.86%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: TSDO.F's dividend (2.86%) is low compared to the top 25% of dividend payers in the US market (4.8%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.8%), TSDO.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (81.2%), TSDO.F's dividend payments are covered by cash flows.