TGS Dis Ticaret Anonim Sirketi Dividend
Dividend criteria checks 2/6
TGS Dis Ticaret Anonim Sirketi is a dividend paying company with a current yield of 0.33% that is well covered by earnings. Next payment date is on 4th June, 2024 with an ex-dividend date of 31st May, 2024.
Key information
0.3%
Dividend yield
19%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | 04 Jun 24 |
| Ex dividend date | 31 May 24 |
| Dividend per share | n/a |
| Earnings per share | ₺1.57 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether TGSAS's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if TGSAS's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| TGS Dis Ticaret Anonim Sirketi Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TGSAS) | 0.3% |
| Market Bottom 25% (TR) | 0.4% |
| Market Top 25% (TR) | 2.1% |
| Industry Average (Trade Distributors) | 2.1% |
| Analyst forecast in 3 Years (TGSAS) | n/a |
Notable Dividend: TGSAS's dividend (0.33%) isn’t notable compared to the bottom 25% of dividend payers in the TR market (0.38%).
High Dividend: TGSAS's dividend (0.33%) is low compared to the top 25% of dividend payers in the TR market (2.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.1%), TGSAS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.2%), TGSAS's dividend payments are well covered by cash flows.