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 yield2.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareد.م43.98
Dividend yield forecast in 3Y3.0%

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
How does TQM dividend yield compare to the market?
SegmentDividend 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.


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