Transpaco Dividend
Dividend criteria checks 4/6
Transpaco is a dividend paying company with a current yield of 8.6% that is well covered by earnings.
Key information
8.6%
Dividend yield
46%
Payout ratio
| Industry average yield | 6.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | R5.75 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TPC's dividend payments have been volatile in the past 10 years.
Growing Dividend: TPC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Transpaco Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TPC) | 8.6% |
| Market Bottom 25% (ZA) | 4.0% |
| Market Top 25% (ZA) | 9.2% |
| Industry Average (Packaging) | 6.9% |
| Analyst forecast in 3 Years (TPC) | n/a |
Notable Dividend: TPC's dividend (8.6%) is higher than the bottom 25% of dividend payers in the ZA market (3.96%).
High Dividend: TPC's dividend (8.6%) is low compared to the top 25% of dividend payers in the ZA market (9.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.4%), TPC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.9%), TPC's dividend payments are well covered by cash flows.