Gaztransport & Technigaz Dividend

Dividend criteria checks 2/6

Gaztransport & Technigaz is a dividend paying company with a current yield of 3.4% that is well covered by earnings.

Key information

3.4%

Dividend yield

89%

Payout ratio

Industry average yield2.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per share€3.10
Earnings per share€3.48
Dividend yield forecast in 3Y7.0%

Recent dividend updates

No updates

Recent updates

Dividend Yield vs Market

Gaztransport & Technigaz Dividend Yield vs Market
How does 9TG0 dividend yield compare to the market?
SegmentDividend Yield
Company (9TG0)3.4%
Market Bottom 25% (DE)1.6%
Market Top 25% (DE)4.7%
Industry Average (Oil and Gas)2.3%
Analyst forecast in 3 Years (9TG0)7.0%

Notable Dividend: 9TG0's dividend (3.35%) is higher than the bottom 25% of dividend payers in the German market (1.56%).

High Dividend: 9TG0's dividend (3.35%) is low compared to the top 25% of dividend payers in the German market (4.71%).


Stability and Growth of Payments

How stable has Gaztransport & Technigaz's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20256.517%
12/31/20245.996.5%
12/31/20233.623.9%
5/25/20233.13.4%
2/22/20233.13.2%
2/17/20223.12.8%
10/28/20213.144.1%
2/18/20214.296.2%
7/29/20204.255.2%
2/27/20203.254.7%
7/25/20193.293.8%
2/26/20193.584.3%
7/26/20182.664.1%
2/16/20182.665.1%
7/20/20172.665.8%
5/18/20172.667.5%
5/18/20162.668.4%
7/21/20152.466.7%
2/12/20152.664.7%
7/24/20143.537.5%

Stable Dividend: 9TG0 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 9TG0 has only been paying a dividend for 9 years, and since then payments have fallen.


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (89.2%), 9TG0's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (96%), 9TG0's dividend payments are not well covered by cash flows.


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