Travaux Généraux de Construction de Casablanca Dividend
Dividend criteria checks 1/6
Travaux Généraux de Construction de Casablanca is a dividend paying company with a current yield of 1.94% that is well covered by earnings.
Key information
1.9%
Dividend yield
70%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | د.م8.63 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether TGC's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if TGC's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Travaux Généraux de Construction de Casablanca Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TGC) | 1.9% |
Market Bottom 25% (MA) | 2.4% |
Market Top 25% (MA) | 4.2% |
Industry Average (Construction) | 3.1% |
Analyst forecast in 3 Years (TGC) | n/a |
Notable Dividend: TGC's dividend (1.94%) isn’t notable compared to the bottom 25% of dividend payers in the MA market (2.42%).
High Dividend: TGC's dividend (1.94%) is low compared to the top 25% of dividend payers in the MA market (4.24%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.3%), TGC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate TGC's cash payout ratio to determine if its dividend payments are covered by cash flows.