Tofas Turk Otomobil Dividend yield




   TRY/share 
 Price  77.85
 Dividend  6.40
 Earnings  8.03
 Cash-flow  5.72
 Book value  11.45
 Equity  10.26

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 paid a total dividend of 3,200 million TRY last year, for a market value of 38,925 millions (Market Cap 9,494 millions). Dividend per share of Tofas Turk Otomobil is 6.40 TRY, and his stock market price 77.85 TRY.

According to the chart below, where dividend yield is displayed, Tofas Turk Otomobil has a dividend yield of 8.22%, which is higher than the amount offered by both the market average and companies from Turkey. It is also bigger than average of Consumer Goods 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 Tofas Turk Otomobil dividend yield with other Automobiles and Parts companies or firms from Turkey.

Dividend yield of Tofas Turk Otomobil

Tofas Turk Otomobil Dividend Payout

About the ability of Tofas Turk Otomobil to maintain his current dividend of TRY 6.40 per share, an amount that accounts for 8.22%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Tofas Turk Otomobil payout on ernings is currently 79.70%, which is higher than the market average, and companies of Consumer Goods industry, which are 38.25% and 43.24% respectively. Both figures show that Tofas Turk Otomobil 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 Tofas Turk Otomobil is TRY 5.72 per share, which is lower than the dividend per share paid by the company of TRY 6.40, so the company does not generate 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 payout

Tofas Turk Otomobil Dividend History

Year Yield  TRY  Paypout  Shares* 
Present8.22%6.4079.70%500
20213.96%3.0069.28%500
20207.08%2.4065.04%500
20196.55%1.7651.76%500
20189.47%1.6049.23%500
20172.12%0.706.99%500
20163.40%0.738.85%500
20155.04%0.9768.31%500

*In millions

Tofas Turk Otomobil Stock performance

Finally, last moth Tofas Turk Otomobil showed a return of -3.10% compared to a worldwide 1.12% average, and a -2.67% of Consumer Goods firms. Over the last year, the company obtained a 135.20% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Turkey and Automobiles and Parts firms.

Tofas Turk Otomobil stock and market return