Gaztransport & Technigaz is a dividend paying company with a current yield of 3.77% that is well covered by earnings. Next payment date is on 20th June, 2024 with an ex-dividend date of 18th June, 2024.
Key information
3.8%
Dividend yield
80%
Payout ratio
Industry average yield
4.3%
Next dividend pay date
20 Jun 24
Ex dividend date
18 Jun 24
Dividend per share
n/a
Earnings per share
€5.45
Dividend yield forecast in 3Y
5.9%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0QT5's dividend payments have been volatile in the past 10 years.
Growing Dividend: 0QT5's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Gaztransport & Technigaz Dividend Yield vs Market
How does 0QT5 dividend yield compare to the market?
Segment
Dividend Yield
Company (0QT5)
3.8%
Market Bottom 25% (GB)
2.1%
Market Top 25% (GB)
5.8%
Industry Average (Oil and Gas)
4.3%
Analyst forecast in 3 Years (0QT5)
5.9%
Notable Dividend: 0QT5's dividend (3.77%) is higher than the bottom 25% of dividend payers in the UK market (2.08%).
High Dividend: 0QT5's dividend (3.77%) is low compared to the top 25% of dividend payers in the UK market (5.82%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80%), 0QT5's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (107.2%), 0QT5's dividend payments are not well covered by cash flows.