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.
|Industry average yield||2.3%|
|Next dividend pay date||n/a|
|Ex dividend date||n/a|
|Dividend per share||€3.10|
|Earnings per share||€3.48|
|Dividend yield forecast in 3Y||7.0%|
Recent dividend updates
Dividend Yield vs Market
|Gaztransport & Technigaz Dividend Yield vs Market|
|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
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
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.