Titas Gas Transmission and Distribution Dividends and Buybacks
Dividend criteria checks 2/6
Titas Gas Transmission and Distribution is a dividend paying company with a current yield of 2.38%. Next payment date is on 23rd January, 2025 with an ex-dividend date of 18th November, 2024.
Key information
2.4%
Dividend yield
-2.5%
Buyback Yield
| Total Shareholder Yield | -0.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | -6.0% |
| Next dividend pay date | 23 Jan 25 |
| Ex dividend date | 18 Nov 24 |
| Dividend per share | ৳0.500 |
| Payout ratio | -5% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TITASGAS's dividend payments have been volatile in the past 10 years.
Growing Dividend: TITASGAS's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Titas Gas Transmission and Distribution Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TITASGAS) | 2.4% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.4% |
| Industry Average (Oil and Gas) | 5.8% |
| Analyst forecast (TITASGAS) (up to 3 years) | n/a |
Notable Dividend: TITASGAS's dividend (2.38%) is higher than the bottom 25% of dividend payers in the BD market (1.1%).
High Dividend: TITASGAS's dividend (2.38%) is low compared to the top 25% of dividend payers in the BD market (4.37%).
Earnings Payout to Shareholders
Earnings Coverage: TITASGAS is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.7%), TITASGAS's dividend payments are thoroughly covered by cash flows.