Turkcell Iletisim Hizmetleri A.S.
TKCCommunication Services · Telecom Services · Stock · semiannual payer
Forward Yield
2.14%
Annual Dividend
$0.11
Payout Ratio
18%
5-Yr Growth
-1.3%
Ex-Date
Dec 10, 2026
Frequency
Semiannual
Key facts about TKC's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Turkcell Iletisim Hizmetleri A.S. (TKC) has a forward dividend yield of 2.14%, based on an annual dividend of $0.11 per share and a share price of $4.93.
- As of Oct 18, 2026, TKC's dividend safety grade from SmarterDividends is C (58 out of 100), which rates the dividend as borderline.
- TKC last cut its regular dividend in 2025.
- TKC's next ex-dividend date is Dec 10, 2026, with payment on Dec 17, 2026. Shares must be owned before that date to receive the dividend.
- As of Oct 18, 2026, TKC pays out 18% of its trailing 12-month earnings as dividends (its payout ratio).
- TKC's dividend has shrunk at an average rate of 1.3% a year over the past five years.
- As of Oct 18, 2026, TKC's 2.14% yield is 52% below its five-year average yield of 4.45%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for TKC is $8.02 per share, 63% above the $4.93 share price, so TKC screens as undervalued.
- Turkcell Iletisim Hizmetleri A.S. (TKC) pays its dividend semiannual, 2 times a year.
Cite this page
SmarterDividends, "TKC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/TKC
Summary
As of Oct 18, 2026, Turkcell Iletisim Hizmetleri A.S. (TKC) yields 2.14% ($0.11 a year per share) and has a dividend safety grade of C (58/100).
Is TKC a good dividend stock?
Yes, with caveatsTurkcell Iletisim Hizmetleri A.S. (TKC) pays a semiannual dividend yielding 2.14% ($0.11/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (18%)
Risks
- Cut its dividend in 2025
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 2.14%
- Payout Ratio
- 18%
- Annual Dividend
- $0.11
- 5-Yr Avg Growth
- -1.3%
- Ex-Dividend Date
- Dec 10, 2026
- Years of Growth
- 0
- Frequency
- semiannual
- Beta
- 0.64
- Market Cap
- $4.3B
- P/E Ratio
- 9.3
- 5-Yr Total Return
- 37%
- 52-Week Range
- $4.82 – $7.18
- Dividend Safety
- C · 58/100
- Ever Cut?
- Yes (2025)
TKC dividend changes
Turkcell Iletisim Hizmetleri A.S. (TKC) pays a variable dividend: across the 26 payments on record since 2001, 8 were higher than the one before and 9 lower. The latest change was up 11.6% to $0.106 per share, going ex-dividend on Dec 29, 2025.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Dec 29, 2025 | Higher | $0.0950 → $0.106 | +11.6% |
| Jun 23, 2025 | Higher | $0.0830 → $0.115 | +38.6% |
| Dec 20, 2023 | Lower | $0.110 → $0.0950 | −13.6% |
| Jul 26, 2022 | Lower | $0.113 → $0.0830 | −26.5% |
| Oct 29, 2021 | Lower | $0.121 → $0.110 | −9.1% |
| Jul 30, 2021 | Lower | $0.118 → $0.113 | −4.2% |
| Apr 30, 2021 | Lower | $0.202 → $0.121 | −40.1% |
| Nov 30, 2020 | Lower | $0.136 → $0.118 | −13.2% |
| Oct 31, 2019 | Higher | $0.157 → $0.202 | +28.7% |
| Dec 17, 2018 | Lower | $0.189 → $0.136 | −28.0% |
| Sep 17, 2018 | Lower | $0.296 → $0.157 | −47.0% |
| Jun 18, 2018 | Lower | $0.321 → $0.189 | −41.1% |
Frequently Asked Questions
Is TKC a good dividend stock?
Yes, with caveats. Turkcell Iletisim Hizmetleri A.S. (TKC) pays a semiannual dividend yielding 2.14% ($0.11/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Is TKC undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, TKC's fair value is about $8.02 versus a $4.93 share price — so it looks undervalued (+63% vs. fair value).
Is TKC's dividend safe?
TKC has a dividend-safety grade of C (58/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.
What is TKC's fair value?
Our blended fair-value estimate for TKC is about $8.02 per share, roughly 63% above the current $4.93 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is TKC a buy, hold, or sell?
We don't issue formal ratings, but on the data TKC screens as "yes, with caveats" and undervalued. Turkcell Iletisim Hizmetleri A.S. (TKC) pays a semiannual dividend yielding 2.14% ($0.11/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.
Will TKC cut its dividend?
TKC earns a dividend-safety grade of C (58/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does TKC pay a dividend?
Yes. Turkcell Iletisim Hizmetleri A.S. pays a semiannual dividend of about $0.11 per share annually, a forward yield of roughly 2.14%.
What is TKC's dividend yield?
As of Oct 18, 2026, TKC's forward dividend yield is 2.14%, based on a $0.11 annual dividend and a $4.93 share price.
What is TKC's dividend per share?
As of Oct 18, 2026, TKC pays $0.11 per share per year, distributed on a semiannual basis.
What is TKC's dividend payout ratio?
As of Oct 18, 2026, TKC's payout ratio is 18% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has TKC grown its dividend?
TKC does not currently have a long dividend-growth streak on record.
When is the next TKC ex-dividend date?
As of Oct 18, 2026, the next ex-dividend date on record for TKC is Dec 10, 2026.
TKC Price — Last 12 Months
Daily close
Price Return
1 Year
-12%
3 Years
-1%
5 Years
+37%
52-Week Range
$4.82 – $7.18
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TKC worth?
Undervaluedlow confidenceOur blended fair-value estimate for Turkcell Iletisim Hizmetleri A.S. is $8.02 per share, versus a market price of $4.93. That implies 63% of upside — a margin of safety of about 38%.
Fair Value
$8.02
Current Price
$4.93
Upside
+63%
Margin of Safety
38%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 12.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $0.53 EPS, $0.11 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
TKC Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full TKC dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Dec 29, 2025 | Jan 7, 2026 | $0.1060 | regular |
| Jun 23, 2025 | Jul 1, 2025 | $0.1150 | regular |
| Dec 6, 2024 | Dec 16, 2024 | $0.4260 | regular |
| Dec 20, 2023 | Dec 29, 2023 | $0.0950 | regular |
| Jul 26, 2022 | Aug 3, 2022 | $0.0830 | regular |
| Oct 29, 2021 | Nov 8, 2021 | $0.1100 | regular |
| Jul 30, 2021 | Aug 9, 2021 | $0.1130 | regular |
| Apr 30, 2021 | May 10, 2021 | $0.1210 | regular |
| Nov 30, 2020 | Dec 8, 2020 | $0.1180 | regular |
| Oct 31, 2019 | Nov 8, 2019 | $0.2020 | regular |
| Dec 17, 2018 | Dec 26, 2018 | $0.1360 | regular |
| Sep 17, 2018 | Sep 25, 2018 | $0.1570 | regular |
| Jun 18, 2018 | Jun 26, 2018 | $0.1890 | regular |
| Dec 15, 2017 | Dec 26, 2017 | $0.2960 | regular |
Income Calculator
At $0.11 / yr per share
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