Trinidad and Tobago NGL Dividend
Dividend criteria checks 2/6
Trinidad and Tobago NGL is a dividend paying company with a current yield of 10.46%.
Key information
10.5%
Dividend yield
n/a
Payout ratio
Industry average yield | 15.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | -TT$3.42 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NGL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NGL has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
Trinidad and Tobago NGL Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (NGL) | 10.5% |
Market Bottom 25% (TT) | 2.7% |
Market Top 25% (TT) | 4.8% |
Industry Average (Oil and Gas) | 15.2% |
Analyst forecast in 3 Years (NGL) | n/a |
Notable Dividend: NGL's dividend (10.46%) is higher than the bottom 25% of dividend payers in the TT market (2.65%).
High Dividend: NGL's dividend (10.46%) is in the top 25% of dividend payers in the TT market (4.85%)
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate NGL's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (213.6%), NGL's dividend payments are not well covered by cash flows.