Transpaco Dividends and Buybacks
Dividend criteria checks 4/6
Transpaco is a dividend paying company with a current yield of 6.67% that is well covered by earnings.
Key information
6.7%
Dividend yield
2.9%
Buyback Yield
| Total Shareholder Yield | 9.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 4.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | R2.400 |
| Payout ratio | 46% |
Recent dividend and buyback updates
Recent updates
Transpaco's (JSE:TPC) Dividend Will Be ZAR1.60
Aug 31
Transpaco Limited (JSE:TPC) Screens Well But There Might Be A Catch
Aug 03Transpaco (JSE:TPC) Is Increasing Its Dividend To R0.60
Feb 24Calculating The Fair Value Of Transpaco Limited (JSE:TPC)
Feb 09We Think Transpaco (JSE:TPC) Can Stay On Top Of Its Debt
Dec 21Transpaco (JSE:TPC) Could Be Struggling To Allocate Capital
Jul 14Stability 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) | 6.7% |
| Market Bottom 25% (ZA) | 3.2% |
| Market Top 25% (ZA) | 8.0% |
| Industry Average (Packaging) | 6.3% |
| Analyst forecast (TPC) (up to 3 years) | n/a |
Notable Dividend: TPC's dividend (6.67%) is higher than the bottom 25% of dividend payers in the ZA market (3.18%).
High Dividend: TPC's dividend (6.67%) is low compared to the top 25% of dividend payers in the ZA market (8.04%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46%), TPC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.2%), TPC's dividend payments are well covered by cash flows.