Tabcorp Holdings Dividend yield

Tabcorp Holdings is part of Travel and Leisure business, which is part of Consumer Services industry. Tabcorp Holdings is a company from Australia, and his stocks are publicly traded.

Tabcorp Holdings paid a total dividend of 296 million AUD last year, for a market value of 2,462 millions (Market Cap 2,431 millions). Dividend per share of Tabcorp Holdings is 0.13 AUD, and his stock market price 1.08 AUD.

According to the chart below, where dividend yield is displayed, Tabcorp Holdings has a dividend yield of 12.09%, which is higher than the amount offered by both the market average and companies from Australia. It is also bigger than average of Consumer Services industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Tabcorp Holdings dividend yield with other Travel and Leisure companies or firms from Australia.

Tabcorp Holdings Dividend Payout

About the ability of Tabcorp Holdings to maintain his current dividend of AUD 0.13 per share, an amount that accounts for 12.09%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Tabcorp Holdings payout on ernings is currently 108.33%, which is higher than the market average, and companies of Consumer Services industry, which are 41.22% and 30.83% respectively. Both figures show that Tabcorp Holdings can have problems to keep with his present dividend yield.

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 Tabcorp Holdings is AUD 0.33 per share, which is higher than the dividend per share paid by the company of AUD 0.13, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Tabcorp Holdings, compared againt world market average, Australia companies, Consumer Services industry and Travel and Leisure sector companies.

Tabcorp Holdings Dividend History

Year	Yield	AUD	Paypout	Shares*
Present	12.09%	0.13	108.33%	2,280
2021	2.89%	0.15	65.22%	2,222
2020	5.17%	0.20	-68.97%	2,217
2019	4.86%	0.22	78.57%	2,019
2018	4.90%	0.21	233.33%	2,013
2017	4.48%	0.25	0.00%	2,010
2016	5.12%	0.24	75.00%	830
2015	4.38%	0.20	39.22%	830

*In millions

Tabcorp Holdings Stock performance

Finally, last moth Tabcorp Holdings showed a return of 1.40% compared to a worldwide -2.30% average, and a -1.31% of Consumer Services firms. Over the last year, the company obtained a -50.90% versus a worldwide performance of a -5.85%. More detailed information can be seen in the following graph for Australia and Travel and Leisure firms.