TIM S.A., a telecommunications company, provides mobile voice and data services, broadband internet access, value-added services, and other telecommunications services and products in Brazil. The company offers services for individuals, as well as corporate solutions for small, medium, and large companies. It also offers fixed-line ultra-broadband and TIM Live services, as well as WTTx technology through Ultrafibra services and IoT solutions. In addition, the company provides digital content and services in its portfolio of packages; sells various mobile handsets and accessories through its dealer network, which includes its own stores, exclusive franchises, and authorized dealers; and offers co-billing services to other telecommunication service providers. As of December 31, 2021, it served a subscriber base of 52.6 million customers. The company is headquartered in Rio de Janeiro, Brazil. TIM S.A. is a subsidiary of TIM Brasil Serviços e Participações S.A.
TIM Dividend Announcement
• TIM announced a quarterly dividend of $0.08 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-09-30
• TIM annual dividend for 2024 was $0.81
• TIM annual dividend for 2023 was $0.93
• TIM's trailing twelve-month (TTM) dividend yield is 8.64%
• TIM's payout ratio for the trailing twelve months (TTM) is 75.75%
• TIM's dividend growth over the last five years (2018-2023) was 23.27% year
• TIM's dividend growth over the last ten years (2013-2023) was 2.00% year
TIM Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-30 | $0.08 | quarterly | 2024-10-30 |
2024-06-27 | $0.12 | quarterly | 2024-07-30 |
2024-04-10 | $0.54 | quarterly | 2024-07-30 |
2024-03-28 | $0.08 | quarterly | 2024-04-30 |
2023-12-22 | $0.28 | quarterly | 2024-01-31 |
2023-09-28 | $0.18 | quarterly | 2023-10-30 |
2023-06-23 | $0.12 | quarterly | 2023-07-19 |
2023-04-28 | $0.10 | quarterly | 2023-05-16 |
2023-04-11 | $0.25 | quarterly | 2023-04-25 |
2022-12-22 | $0.18 | quarterly | 2023-01-31 |
2022-09-22 | $0.20 | quarterly | 2023-01-31 |
2022-06-24 | $0.08 | quarterly | 2022-07-27 |
2022-04-01 | $0.06 | quarterly | 2022-05-04 |
2021-12-23 | $0.20 | quarterly | 2022-02-01 |
2021-10-06 | $0.05 | quarterly | 2021-11-03 |
2021-06-22 | $0.14 | quarterly | 2021-07-27 |
2020-12-21 | $0.24 | quarterly | 2021-01-29 |
2020-10-20 | $0.18 | quarterly | 2020-12-07 |
2020-01-21 | $0.13 | quarterly | 2020-02-05 |
2019-10-08 | $0.19 | quarterly | 2020-01-31 |
2019-01-04 | $0.20 | quarterly | 2019-01-31 |
2018-07-27 | $0.13 | quarterly | 2018-11-20 |
2018-05-17 | $0.13 | quarterly | 2018-08-17 |
2018-04-27 | $0.06 | quarterly | 2018-06-26 |
2017-11-16 | $0.12 | quarterly | 2017-12-01 |
2017-04-20 | $0.10 | quarterly | 2017-06-26 |
2016-04-20 | $0.28 | quarterly | |
2015-04-15 | $0.24 | quarterly | |
2014-05-13 | $0.78 | quarterly | |
2013-05-13 | $0.76 | quarterly |
TIM Dividend per year
TIM Dividend growth
TIM Dividend Yield
TIM current trailing twelve-month (TTM) dividend yield is 8.64%. Interested in purchasing TIM stock? Use our calculator to estimate your expected dividend yield:
TIM Financial Ratios
TIM Dividend FAQ
Other factors to consider when evaluating TIM as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: TIM's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, TIM publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, TIM distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from TIM are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: TIM sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, TIM distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TIM declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of TIM's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review TIM's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.