TAQA Morocco Dividend
Dividend criteria checks 3/6
TAQA Morocco is a dividend paying company with a current yield of 2.92% that is well covered by earnings.
Key information
2.9%
Dividend yield
71%
Payout ratio
Industry average yield | 2.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | د.م43.98 |
Dividend yield forecast in 3Y | 3.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
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 4 years, and since then payments have fallen.
Dividend Yield vs Market
TAQA Morocco Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TQM) | 2.9% |
Market Bottom 25% (MA) | 2.5% |
Market Top 25% (MA) | 4.3% |
Industry Average (Renewable Energy) | 2.9% |
Analyst forecast in 3 Years (TQM) | 3.0% |
Notable Dividend: TQM's dividend (2.92%) is higher than the bottom 25% of dividend payers in the MA market (2.53%).
High Dividend: TQM's dividend (2.92%) is low compared to the top 25% of dividend payers in the MA market (4.28%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.4%), TQM's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35.9%), TQM's dividend payments are well covered by cash flows.