Trinity Biotech Plc(Trib) Financials: Dividend Payout Ratio Compared To Industry Average, Plus Other Key Ratios

Valuation Trend (Last 5 Years)

Valuation - dividend payout ratio

This chart shows the historical trend of dividend payout ratio for TRIB compared to its industry average over the recent years.

Ratio Definition and Interpretation

Name: Dividend Payout Ratio

Definition: The dividend payout ratio shows what portion of the company’s profits are paid out to shareholders as dividends. If it’s 60%, that means 60% goes to shareholders, while 40% is kept inside the business for future growth. High payout ratios reward shareholders today. Lower payout ratios suggest the company believes it can earn even more by reinvesting in itself.

Interpretation:
• In '2021', TRIB's dividend payout ratio was 0.00, demonstrating the portion of earnings distributed as dividends. Industry average for Biotechnology: In Vitro & In Vivo Diagnostic Substances in '2021' stood at 0.00.
• In '2022', TRIB's dividend payout ratio was 0.00, demonstrating the portion of earnings distributed as dividends. The figure remained stable compared to '2021'. Industry average for Biotechnology: In Vitro & In Vivo Diagnostic Substances in '2022' stood at 0.00. Industry average remained unchanged from prior year.
• In '2023', TRIB's dividend payout ratio was 0.00, demonstrating the portion of earnings distributed as dividends. The figure remained stable compared to '2022'. Industry average for Biotechnology: In Vitro & In Vivo Diagnostic Substances in '2023' stood at 0.04. Industry average increased by 0.04 compared to previous year.
• In '2024', TRIB's dividend payout ratio was 0.00, demonstrating the portion of earnings distributed as dividends. The figure remained stable compared to '2023'. Industry average for Biotechnology: In Vitro & In Vivo Diagnostic Substances in '2024' stood at 0.05. Industry average increased by 0.01 compared to previous year.
Overall, TRIB's dividend payout ratio has remained generally stable over the past 4 years.

Formula: Dividend Payout Ratio = Dividends / Net Income

Good Range: Ranges widely; 30%-60% common for mature firms.