Gas Plus Dividend
Dividend criteria checks 3/6
Gas Plus is a dividend paying company with a current yield of 6.47% that is well covered by earnings. Next payment date is on 31st July, 2024 with an ex-dividend date of 29th July, 2024.
Key information
6.5%
Dividend yield
4%
Payout ratio
| Industry average yield | 6.0% |
| Next dividend pay date | 31 Jul 24 |
| Ex dividend date | 29 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | €1.15 |
| Dividend yield forecast in 3Y | 7.8% |
Recent dividend updates
Recent updates
Is Gas Plus (BIT:GSP) Weighed On By Its Debt Load?
Jun 11
These 4 Measures Indicate That Gas Plus (BIT:GSP) Is Using Debt In A Risky Way
Nov 29Gas Plus' (BIT:GSP) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Oct 11Is Gas Plus (BIT:GSP) Using Debt Sensibly?
Apr 30How Much Did Gas Plus'(BIT:GSP) Shareholders Earn From Share Price Movements Over The Last Five Years?
Dec 21
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GSP's dividend payments have been volatile in the past 10 years.
Growing Dividend: GSP's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Gas Plus Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GSP) | 6.5% |
| Market Bottom 25% (IT) | 1.9% |
| Market Top 25% (IT) | 5.7% |
| Industry Average (Oil and Gas) | 6.0% |
| Analyst forecast in 3 Years (GSP) | 7.8% |
Notable Dividend: GSP's dividend (6.47%) is higher than the bottom 25% of dividend payers in the Italian market (1.93%).
High Dividend: GSP's dividend (6.47%) is in the top 25% of dividend payers in the Italian market (5.66%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (4.4%), GSP's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate GSP's cash payout ratio to determine if its dividend payments are covered by cash flows.