2020 Bulkers Dividends and Buybacks
Dividend criteria checks 4/6
2020 Bulkers is a dividend paying company with a current yield of 12.54% that is well covered by earnings.
Key information
12.5%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 12.3% |
| Future Dividend Yield | 16.6% |
| Dividend Growth | 7.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.550 |
| Payout ratio | 47% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TTBK.F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TTBK.F's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| 2020 Bulkers Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TTBK.F) | 12.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Shipping) | 5.7% |
| Analyst forecast (TTBK.F) (up to 3 years) | 16.6% |
Notable Dividend: TTBK.F's dividend (12.54%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: TTBK.F's dividend (12.54%) is in the top 25% of dividend payers in the US market (4.26%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47%), TTBK.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.9%), TTBK.F's dividend payments are covered by cash flows.