Tofas Turk Otomobil Dividend yield

Tofas Turk Otomobil is part of Automobiles and Parts business, which is part of Consumer Goods industry. Tofas Turk Otomobil is a company from Turkey, and his stocks are publicly traded.

Tofas Turk Otomobil stock dividend

Tofas Turk Otomobil paid a total dividend of 2,995 million TRY last year, for a market value of 134,950 millions (Market Cap 32,914 millions). Tofas Turk Otomobil dividend per share is 5.99 TRY, and his stock market price 269.90 TRY.

According to the chart below, where dividend yield is displayed, Tofas Turk Otomobil has a dividend yield of 2.22%, lower than the amount offered by both the market average and companies from Turkey. It is also lower than average of Consumer Goods industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Tofas Turk Otomobil stocks dividend with other Automobiles and Parts companies or other of the highest Turkey dividend stocks list.

Tofas Turk Otomobil Dividend Payout

About the ability of Tofas Turk Otomobil to maintain his current dividend of TRY 5.99 per share, an amount that accounts for 2.22%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Tofas Turk Otomobil payout on ernings is currently 31.51%, which is lower than the market average and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures lead us to believe that there is confidence that Tofas Turk Otomobilcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Tofas Turk Otomobil is TRY 25.46 per share, which is higher than the dividend per share paid by the company of TRY 5.99, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Tofas Turk Otomobil, compared againt world market average, Turkey companies, Consumer Goods industry and Automobiles and Parts sector companies.

Tofas Turk Otomobil Dividend History

Below you will find a table with the historical evolution of Tofas Turk Otomobil's dividend stock, both in percentage and in TRY, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	TRY	Paypout	Shares*
Present	2.22%	5.99	31.51%	500
2022	3.86%	6.40	80.00%	500
2021	3.96%	3.00	69.28%	500
2020	7.08%	2.40	65.04%	500
2019	6.55%	1.76	51.76%	500
2018	9.47%	1.60	49.23%	500
2017	2.12%	0.70	6.99%	500
2016	3.40%	0.73	8.85%	500
2015	5.04%	0.97	68.31%	500

*In millions

Then you can see the evolution of Tofas Turk Otomobil dividend stock, and compare it with the average of Turkey stocks and that of the Automobiles and Parts stocks.

Tofas Turk Otomobil Stock performance

Finally, last moth Tofas Turk Otomobil showed a return of -10.60% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 205.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Turkey and Automobiles and Parts firms.