Gaztransport & Technigaz Dividends and Buybacks
Dividend criteria checks 3/6
Gaztransport & Technigaz is a dividend paying company with a current yield of 5.2% that is well covered by earnings.
Key information
5.2%
Dividend yield
-0.09%
Buyback Yield
| Total Shareholder Yield | 5.1% |
| Future Dividend Yield | 5.9% |
| Dividend Growth | -5.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €7.340 |
| Payout ratio | 79% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GTTP's dividend payments have been volatile in the past 10 years.
Growing Dividend: GTTP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Gaztransport & Technigaz Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GTTP) | 5.2% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (Oil and Gas) | 5.2% |
| Analyst forecast (GTTP) (up to 3 years) | 5.9% |
Notable Dividend: GTTP's dividend (5.2%) is higher than the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: GTTP's dividend (5.2%) is low compared to the top 25% of dividend payers in the UK market (5.87%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.4%), GTTP's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (139.7%), GTTP's dividend payments are not well covered by cash flows.