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TIM (BUE:TIMB) Dividend Payout Ratio : 1.83 (As of Sep. 2024)


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What is TIM Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. TIM's Dividend Payout Ratio for the months ended in Sep. 2024 was 1.83.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of TIM SA is 0.89, which seems too high.

The historical rank and industry rank for TIM's Dividend Payout Ratio or its related term are showing as below:

BUE:TIMB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.44   Max: 3.55
Current: 3.55


During the past 13 years, the highest Dividend Payout Ratio of TIM was 3.55. The lowest was 0.19. And the median was 0.44.

BUE:TIMB's Dividend Payout Ratio is ranked worse than
74.48% of 192 companies
in the Telecommunication Services industry
Industry Median: 0.565 vs BUE:TIMB: 3.55

As of today (2024-12-14), the Dividend Yield % of TIM is 4.07%.

During the past 13 years, the highest Trailing Annual Dividend Yield of TIM was 11.28%. The lowest was 0.47%. And the median was 2.81%.

TIM's Dividends per Share for the months ended in Sep. 2024 was ARS100.98.

During the past 12 months, TIM's average Dividends Per Share Growth Rate was -18.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 68.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 32.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 19.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of TIM was 68.80% per year. The lowest was -26.50% per year. And the median was 20.60% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


TIM Dividend Payout Ratio Historical Data

The historical data trend for TIM's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TIM Dividend Payout Ratio Chart

TIM Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 2.00 3.64 4.14 2.84

TIM Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.95 3.46 7.49 1.96 1.83

Competitive Comparison of TIM's Dividend Payout Ratio

For the Telecom Services subindustry, TIM's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.


TIM's Dividend Payout Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, TIM's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where TIM's Dividend Payout Ratio falls into.



TIM Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

TIM's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=241.285/ 85.087
=2.84

TIM's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=100.981/ 55.235
=1.83

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TIM (BUE:TIMB) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.


TIM Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of TIM's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


TIM Business Description

Traded in Other Exchanges
Address
Avenida Joao Cabral de Melo Neto, 850, Torre Norte, 12th Floor, Room 1212, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22775-057
TIM, which is 67%-owned by Telecom Italia, is the third largest wireless carrier in Brazil, with 62 million subscribers, equal to about 24% of the market. The firm also owns 49% of I-Systems, an infrastructure partnership that is expanding its network footprint across Brazil. I-Systems can provide broadband service to about 9 million locations, equal to 10%-15% of the country. TIM leases capacity on the venture's network to serve retail broadband customers under the UltraFibra brand. TIM also resells fiber network access from other providers, including Oi's former infrastructure business V.tal, which passes about 22 million customer locations.

TIM Headlines

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