Tubacex (CHIX:TUBE) Forward Dividend Yield % : 0.00% (As of Jun. 16, 2024)

View and export this data going back to 2013. Start your Free Trial

What is Tubacex Forward Dividend Yield %?

As of today (2024-06-16), the Forward Annual Dividend Yield of Tubacex is 0.00%.

As of today (2024-06-16), the Trailing Annual Dividend Yield of Tubacex is 0.00%.

CHIX:TUBe's Forward Dividend Yield % is not ranked ^*
in the Steel industry.
Industry Median: 3
* Ranked among companies with meaningful Forward Dividend Yield % only.

Tubacex's Dividends per Share for the three months ended in Mar. 2024 was €0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tubacex was 73.50% per year. The lowest was -19.60% per year. And the median was 21.45% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Competitive Comparison of Tubacex's Forward Dividend Yield %

For the Steel subindustry, Tubacex's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tubacex's Forward Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tubacex's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Tubacex's Forward Dividend Yield % falls into.

Tubacex Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Tubacex (CHIX:TUBe) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Tubacex Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Tubacex's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Tubacex (CHIX:TUBE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tubacex SA (CHIX:TUBe) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

TUB:Mexico TUB:Spain TCX:Germany

Address

Tres Cruces 8, PO Box 2201400, Llodio, ESP, 01400

Website

http://www.tubacex.com

Tubacex SA together with its subsidiaries, manufactures and markets stainless steel and high-nickel alloy tubes and pipes. The company's product portfolio includes hollow bars, steel and fittings products. It primarily serves oil and gas, petrochemical, chemical and power generation industries. It also devotes part of its production to the mechanical industry, aerospace, food, water desalination, electronics, capital goods and new technologies among other industries. Group has its industrial facilities in the Spain, Austria, the United States, Italy, India, and Thailand. Most of the revenue is generated through the sale of goods and rest from the rendering of services.

Tubacex (CHIX:TUBE) Headlines

No Headlines