TAQA Morocco Dividend
What is TAQA Morocco current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
3.72%
Current Dividend Yield
Dividend Yield vs Market
| TAQA Morocco Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TQM) | 3.7% |
| Market Bottom 25% (MA) | 3.5% |
| Market Top 25% (MA) | 5.1% |
| Industry Average (Renewable Energy) | 3.4% |
| Analyst forecast in 3 Years (TQM) | 3.8% |
Notable Dividend: TQM's dividend (3.72%) is higher than the bottom 25% of dividend payers in the MA market (3.53%).
High Dividend: TQM's dividend (3.72%) is low compared to the top 25% of dividend payers in the MA market (5.06%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 12/31/2024 | 36 | 1 |
| 12/31/2023 | 36 | 1 |
| 1/30/2023 | 35 | 3.72 |
| 7/26/2022 | 35 | 3.23 |
| 7/6/2021 | 35 | 3.25 |
| 3/18/2020 | 36 | 3.93 |
Stable Dividend: Whilst dividend payments have been stable, TQM has been paying a dividend for less than 10 years.
Growing Dividend: TQM has only been paying a dividend for 3 years, and since then payments have fallen.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.8%), TQM's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.6%), TQM's dividend payments are covered by cash flows.