03-31-2023
TRY/share | |
Price | 16.65 |
Dividend | 1.42 |
Earnings | 2.28 |
Cash-flow | 4.38 |
Book value | 5.74 |
Equity | 4.88 |
Turk Telekomunikasyo is part of Fixed Line Telecommunications business, which is part of Telecommunications industry. Turk Telekomunikasyo is a company from Turkey, and his stocks are publicly traded.
Turk Telekomunikasyo stock dividend
Turk Telekomunikasyo paid a total dividend of 4,970 million TRY last year, for a market value of 58,275 millions (Market Cap 8,741 millions). Turk Telekomunikasyo dividend per share is 1.42 TRY, and his stock market price 16.65 TRY.
According to the chart below, where dividend yield is displayed, Turk Telekomunikasyo has a dividend yield of 8.50%, which is higher than the amount offered by both the market average and companies from Turkey. It is also bigger than average of Telecommunications 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 Turk Telekomunikasyo stocks dividend with other Fixed Line Telecommunications companies or other of the highest Turkey dividend stocks list.
Turk Telekomunikasyo Dividend Payout
About the ability of Turk Telekomunikasyo to maintain his current dividend of TRY 1.42 per share, an amount that accounts for 8.50%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Turk Telekomunikasyo payout on ernings is currently 62.28%, which is higher than the market average, and companies of Telecommunications industry, which are 38.61% and 41.27% respectively. Both figures show that Turk Telekomunikasyo 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 Turk Telekomunikasyo is TRY 4.38 per share, which is higher than the dividend per share paid by the company of TRY 1.42, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Turk Telekomunikasyo, compared againt world market average, Turkey companies, Telecommunications industry and Fixed Line Telecommunications sector companies.
Turk Telekomunikasyo Dividend History
Below you will find a table with the historical evolution of Turk Telekomunikasyo'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 | 8.50% | 1.42 | 62.28% | 3,500 |
2022 | 5.76% | 1.41 | 55.73% | 3,500 |
2021 | 5.56% | 0.54 | 33.13% | 3,500 |
2020 | 2.01% | 0.17 | 12.50% | 3,500 |
2019 | 0.00% | 0.00 | 0.00% | 3,500 |
2018 | 0.00% | 0.00 | 0.00% | 3,500 |
2017 | 3.73% | 0.24 | 141.18% | 3,500 |
2016 | 4.34% | 0.24 | 46.15% | 3,500 |
2015 | 8.77% | 0.53 | 67.95% | 3,500 |
*In millions
Then you can see the evolution of Turk Telekomunikasyo dividend stock, and compare it with the average of Turkey stocks and that of the Fixed Line Telecommunications stocks.
Turk Telekomunikasyo Stock performance
Finally, last moth Turk Telekomunikasyo showed a return of -7.50% compared to a worldwide -0.50% average, and a 0.07% of Telecommunications firms. Over the last year, the company obtained a 59.80% versus a worldwide performance of a -2.10%. More detailed information can be seen in the following graph for Turkey and Fixed Line Telecommunications firms.