If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tomra Systems ASA is 0.76, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Tomra Systems ASA was 0.76. The lowest was 0.35. And the median was 0.47.
During the past 12 months, Tomra Systems ASA's average Dividends Per Share Growth Rate was 9.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 9.40% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 9.10% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 11.70% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tomra Systems ASA was 31.50% per year. The lowest was 8.50% per year. And the median was 12.25% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Tomra Systems ASA Dividend Yield % Historical Data
The historical data trend for Tomra Systems ASA's Dividend Yield % 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.
Competitive Comparison of Tomra Systems ASA's Dividend Yield %
For the Waste Management subindustry, Tomra Systems ASA's Dividend Yield %, along with its competitors' market caps and 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.
Tomra Systems ASA's Dividend Yield % Distribution in the Waste Management Industry
For the Waste Management industry and Industrials sector, Tomra Systems ASA's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Tomra Systems ASA's Dividend Yield % falls into.
Tomra Systems ASA Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Tomra Systems ASA Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.170
2023-05-01
2023-05-02
2023-05-19
Cash Dividend
annually
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Tomra Systems ASA's Trailing Annual Dividend Yield (%) for Today is calculated as
* 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.
Tomra Systems ASA (OTCPK:TMRAY) 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.
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Tomra Systems ASA (Tomra Systems ASA) Business Description
Tomra Systems ASA provides sorting and recycling solutions to better equip customers for handling waste. It operates two primary business segments: collection solutions (a majority of revenue) and sorting solutions. The company produces, sells, and services automated recycling systems, including data administration systems that monitor the volume of collected materials. It manufactures reverse vending machines to collect empty beverage containers. The empty beverage containers are gathered and processed into reusable molds. Tomra services the machines and provides replacement parts to ensure optimal performance. Food sorting solutions inspect individual pieces and stop resources from going to waste. The majority of revenue comes from customers in Europe, North America and Rest of World.
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