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Operations: Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. generates revenue of TRY34.55 billion from its vehicle tires segment.

Dividend Yield: 3.9%

Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret's dividend yield of 3.91% ranks in the top 25% in Turkey, yet its sustainability is uncertain due to a high cash payout ratio of 332.2%. Recent earnings have declined significantly, with net income dropping to TRY 1.52 billion from TRY 5.75 billion the previous year, impacting dividend reliability and stability. Although dividends have grown over the past decade, they remain volatile and not well-covered by free cash flows or earnings.

• Dive into the specifics of Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret here with our thorough dividend report.

• Our expertly prepared valuation report Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret implies its share price may be lower than expected.

Enka Insaat ve Sanayi

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Enka Insaat ve Sanayi A.S., along with its subsidiaries, is a construction company operating in Turkey, Russia, Kazakhstan, Georgia, Europe, and internationally with a market cap of TRY315.71 billion.

Operations: Enka Insaat ve Sanayi A.S. generates its revenue from several segments, including Trade (TRY9.14 billion), Energy (TRY10.74 billion), Real Estate Lease (TRY11 billion), and Construction Contracts (TRY73.91 billion).

Dividend Yield: 4.6%

Enka Insaat ve Sanayi offers a dividend yield of 4.64%, placing it in the top 25% of Turkish dividend payers. However, its sustainability is questionable due to a high cash payout ratio of 216.1%, despite being well-covered by earnings with a low payout ratio of 30.2%. While dividends have grown over the past decade, they have been volatile and unreliable, as recent earnings improvements to TRY 24.69 billion may not ensure consistent payouts.

• Click to explore a detailed breakdown of our findings in Enka Insaat ve Sanayi's dividend report.

• Upon reviewing our latest valuation report, Enka Insaat ve Sanayi's share price might be too optimistic.

Key Takeaways

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include IBSE:AVPGY IBSE:BRISA and IBSE:ENKAI.

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