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 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
No updates
Recent updates
Dividend Yield vs Market
| Gaztransport & Technigaz Dividend Yield vs Market |
|---|
| Segment | Dividend 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
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 12/31/2025 | 6.51 | 7% |
| 12/31/2024 | 5.99 | 6.5% |
| 12/31/2023 | 3.62 | 3.9% |
| 5/25/2023 | 3.1 | 3.4% |
| 2/22/2023 | 3.1 | 3.2% |
| 2/17/2022 | 3.1 | 2.8% |
| 10/28/2021 | 3.14 | 4.1% |
| 2/18/2021 | 4.29 | 6.2% |
| 7/29/2020 | 4.25 | 5.2% |
| 2/27/2020 | 3.25 | 4.7% |
| 7/25/2019 | 3.29 | 3.8% |
| 2/26/2019 | 3.58 | 4.3% |
| 7/26/2018 | 2.66 | 4.1% |
| 2/16/2018 | 2.66 | 5.1% |
| 7/20/2017 | 2.66 | 5.8% |
| 5/18/2017 | 2.66 | 7.5% |
| 5/18/2016 | 2.66 | 8.4% |
| 7/21/2015 | 2.46 | 6.7% |
| 2/12/2015 | 2.66 | 4.7% |
| 7/24/2014 | 3.53 | 7.5% |
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.