Taseco Air Services Dividends and Buybacks
Dividend criteria checks 2/6
Taseco Air Services is a dividend paying company with a current yield of 2.19% that is well covered by earnings. Next payment date is on 10th December, 2024 with an ex-dividend date of 22nd November, 2024.
Key information
2.2%
Dividend yield
-0.6%
Buyback Yield
| Total Shareholder Yield | 1.6% |
| Future Dividend Yield | 4.6% |
| Dividend Growth | -25.1% |
| Next dividend pay date | 10 Dec 24 |
| Ex dividend date | 22 Nov 24 |
| Dividend per share | ₫1.200k |
| Payout ratio | 40% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AST has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: AST has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Taseco Air Services Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AST) | 2.2% |
| Market Bottom 25% (VN) | 3.4% |
| Market Top 25% (VN) | 8.3% |
| Industry Average (Hospitality) | 8.0% |
| Analyst forecast (AST) (up to 3 years) | 4.6% |
Notable Dividend: AST's dividend (2.19%) isn’t notable compared to the bottom 25% of dividend payers in the VN market (3.44%).
High Dividend: AST's dividend (2.19%) is low compared to the top 25% of dividend payers in the VN market (8.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.1%), AST's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.5%), AST's dividend payments are well covered by cash flows.