TIM (TIMB) Dividend Payout Ratio : 0.61 (As of Sep. 2023)

View and export this data going back to 1998. Start your Free Trial

What is TIM Dividend Payout Ratio?

TIM's dividend payout ratio for the months ended in Sep. 2023 was 0.61.

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 1.38, which seems too high.

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

TIMB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.39 Max: 0.93
Current: 0.83

During the past 13 years, the highest Dividend Payout Ratio of TIM was 0.93. The lowest was 0.21. And the median was 0.39.

TIMB's Dividend Payout Ratio is ranked worse than
68.13% of 182 companies
in the Telecommunication Services industry
Industry Median: 0.575 vs TIMB: 0.83

As of today (2024-04-25), the Dividend Yield % of TIM is 6.34%.

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 2.44%.

TIM's Dividends per Share for the months ended in Sep. 2023 was $0.18.

During the past 12 months, TIM's average Dividends Per Share Growth Rate was 125.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 23.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 29.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of TIM was 32.20% per year. The lowest was -26.50% per year. And the median was 18.70% per year.

The growth rate is calculated with least square regression.

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

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

0.10

0.46

0.82

0.93

0.87

TIM Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.87	1.51	0.83	0.61	0.73

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

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

TIM's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2022 )	/	EPS without NRI (A: Dec. 2022 )
	=	0.553	/	0.594
	=	0.93

TIM's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2023 )	/	EPS without NRI (Q: Sep. 2023 )
	=	0.184	/	0.301
	=	0.61

TIM (NYSE:TIMB) Dividend Payout Ratio Explanation

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.

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 (TIMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » TIM SA (NYSE:TIMB) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

TIMS3:Brazil

Address

Avenida Joao Cabral de Melo Neto, 850, Torre Norte, 12th Floor, Room 1212, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22775-057

Website

https://ri.tim.com.br

TIM, which is 67%-owned by Telecom Italia, is the third largest wireless carrier in Brazil, with 61 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 a bit less than 15% of the country. TIM leases capacity on the venture's network to serve retail broadband customers under the UltraFibra brand.