Tian Lun Gas Holdings Dividend
Dividend criteria checks 3/6
Tian Lun Gas Holdings is a dividend paying company with a current yield of 3.89% that is well covered by earnings. Next payment date is on 21st June, 2024 with an ex-dividend date of 31st May, 2024.
Key information
3.9%
Dividend yield
36%
Payout ratio
| Industry average yield | 6.6% |
| Next dividend pay date | 21 Jun 24 |
| Ex dividend date | 31 May 24 |
| Dividend per share | n/a |
| Earnings per share | €0.49 |
| Dividend yield forecast in 3Y | 4.8% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TLJ has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TLJ's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Tian Lun Gas Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TLJ) | 3.9% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Gas Utilities) | 6.6% |
| Analyst forecast in 3 Years (TLJ) | 4.8% |
Notable Dividend: TLJ's dividend (3.89%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: TLJ's dividend (3.89%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.6%), TLJ's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.4%), TLJ's dividend payments are well covered by cash flows.