Galata Wind Enerji Dividend
Dividend criteria checks 4/6
Galata Wind Enerji is a dividend paying company with a current yield of 3.14% that is well covered by earnings. Next payment date is on 3rd September, 2024 with an ex-dividend date of 29th August, 2024.
Key information
3.1%
Dividend yield
40%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | 03 Sep 24 |
| Ex dividend date | 29 Aug 24 |
| Dividend per share | n/a |
| Earnings per share | ₺1.15 |
| Dividend yield forecast in 3Y | 4.8% |
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, GWIND has been paying a dividend for less than 10 years.
Growing Dividend: GWIND's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Galata Wind Enerji Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GWIND) | 3.1% |
| Market Bottom 25% (TR) | 0.4% |
| Market Top 25% (TR) | 2.1% |
| Industry Average (Renewable Energy) | 1.5% |
| Analyst forecast in 3 Years (GWIND) | 4.8% |
Notable Dividend: GWIND's dividend (3.14%) is higher than the bottom 25% of dividend payers in the TR market (0.38%).
High Dividend: GWIND's dividend (3.14%) is in the top 25% of dividend payers in the TR market (2.07%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.1%), GWIND's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (75.3%), GWIND's dividend payments are covered by cash flows.