TGS Dividends and Buybacks
Dividend criteria checks 2/6
TGS is a dividend paying company with a current yield of 5.43%.
Key information
5.4%
Dividend yield
0.02%
Buyback Yield
| Total Shareholder Yield | 5.4% |
| Future Dividend Yield | 7.3% |
| Dividend Growth | 3.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NOK 6.030 |
| Payout ratio | 192% |
Recent dividend and buyback updates
Recent updates
We Think That There Are More Issues For TGS (OB:TGS) Than Just Sluggish Earnings
Nov 02
Earnings Miss: TGS ASA Missed EPS By 32% And Analysts Are Revising Their Forecasts
Oct 27Why We're Not Concerned Yet About TGS ASA's (OB:TGS) 27% Share Price Plunge
Sep 27Broker Revenue Forecasts For TGS ASA (OB:TGS) Are Surging Higher
Sep 25These 4 Measures Indicate That TGS (OB:TGS) Is Using Debt Reasonably Well
Aug 31New Forecasts: Here's What One Analyst Thinks The Future Holds For TGS ASA (OB:TGS)
Jul 25Results: TGS ASA Exceeded Expectations And The Consensus Has Updated Its Estimates
Jul 23Why Investors Shouldn't Be Surprised By TGS ASA's (OB:TGS) P/S
Jul 15Is TGS ASA (OB:TGS) Trading At A 28% Discount?
May 26There's Reason For Concern Over TGS ASA's (OB:TGS) Massive 28% Price Jump
Apr 11TGS' (OB:TGS) Soft Earnings Are Actually Better Than They Appear
Feb 22Estimating The Fair Value Of TGS ASA (OB:TGS)
Dec 15Are Investors Undervaluing TGS ASA (OB:TGS) By 35%?
Sep 16TGS (OB:TGS) Seems To Use Debt Quite Sensibly
Jul 11Is TGS ASA (OB:TGS) Trading At A 35% Discount?
Jun 01Here's Why TGS (OB:TGS) Can Manage Its Debt Responsibly
Mar 31TGS ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Feb 12New Forecasts: Here's What Analysts Think The Future Holds For TGS ASA (OB:TGS)
Feb 09Are Investors Undervaluing TGS ASA (OB:TGS) By 45%?
Jan 11Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TGS's dividend payments have been volatile in the past 10 years.
Growing Dividend: TGS's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| TGS Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TGS) | 5.4% |
| Market Bottom 25% (NO) | 3.3% |
| Market Top 25% (NO) | 7.9% |
| Industry Average (Energy Services) | 5.7% |
| Analyst forecast (TGS) (up to 3 years) | 7.3% |
Notable Dividend: TGS's dividend (5.43%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.32%).
High Dividend: TGS's dividend (5.43%) is low compared to the top 25% of dividend payers in the Norwegian market (7.91%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (192.3%), TGS's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (60.7%), TGS's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:44 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
TGS ASA is covered by 34 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John A. Olaisen | ABG Sundal Collier |
| Iver Baatvik | ABN AMRO Bank N.V. |
| Christian Yggeseth | Arctic Securities ASA |