I checked the Tesco dividend history and have added up the prelim and interim payments since 2011. The yield was between 3 and 4.6% until 2015 which looks to be poor. You can see the results below.
|Year||Dividend per share (p)||Dividend payment if you hold 1000 shares (£)/th>|
|2015||1.16 (prelim still needs to be added later in the year)||11.60||2014||14.76||1476.0||2013||14.76||147.60|
Tesco has not experienced any dividend growth in the last few years but unfortunately the first signs for this year look as if they will be seeing a massive drop in dividend payments. I like high paying dividend stocks with a decent yield so I will not be investing in Tesco right now.