Great Taipei Gas Dividend
Dividend criteria checks 5/6
Great Taipei Gas is a dividend paying company with a current yield of 3.68% that is well covered by earnings. Next payment date is on 28th August, 2024 with an ex-dividend date of 29th July, 2024.
Key information
3.7%
Dividend yield
52%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | 28 Aug 24 |
Ex dividend date | 29 Jul 24 |
Dividend per share | n/a |
Earnings per share | NT$2.29 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Great Taipei Gas' (TWSE:9908) Dividend Will Be Increased To NT$1.20
Jun 30There May Be Underlying Issues With The Quality Of Great Taipei Gas' (TWSE:9908) Earnings
Mar 23Calculating The Intrinsic Value Of The Great Taipei Gas Corporation (TPE:9908)
Feb 26Would The Great Taipei Gas Corporation (TPE:9908) Be Valuable To Income Investors?
Jan 28Did You Participate In Any Of Great Taipei Gas' (TPE:9908) Respectable 92% Return?
Dec 18Estimating The Intrinsic Value Of The Great Taipei Gas Corporation (TPE:9908)
Nov 19Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9908's dividends per share have been stable in the past 10 years.
Growing Dividend: 9908's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Great Taipei Gas Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (9908) | 3.7% |
Market Bottom 25% (TW) | 1.7% |
Market Top 25% (TW) | 4.3% |
Industry Average (Gas Utilities) | 3.1% |
Analyst forecast in 3 Years (9908) | n/a |
Notable Dividend: 9908's dividend (3.68%) is higher than the bottom 25% of dividend payers in the TW market (1.67%).
High Dividend: 9908's dividend (3.68%) is low compared to the top 25% of dividend payers in the TW market (4.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.5%), 9908's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (77.1%), 9908's dividend payments are covered by cash flows.