TransGlobe Energy Dividend
Dividend criteria checks 2/6
TransGlobe Energy is a dividend paying company with a current yield of 2.69% that is well covered by earnings.
Key information
2.7%
Dividend yield
6%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$1.70 |
| Dividend yield forecast in 3Y | 2.7% |
Recent dividend updates
No updates
Recent updates
TransGlobe Energy: The Stock Is Undervalued
Aug 31Transglobe Energy GAAP EPS of $0.44, revenue of $74.69M
Aug 10TransGlobe Energy: Forget The Merger
Jul 22TransGlobe Energy: Massive Shareholder Returns, But One Big Problem
Jul 14TransGlobe Energy: I Expect Higher Netbacks
Jun 27TransGlobe Energy: This Small Cap Oil Producer Will Continue Outperforming Peers And Large Caps
Jun 13TransGlobe Energy: Cash Flow Guidance Under The New Contract
May 19TransGlobe Energy: Passing Out The Cash
Mar 18A Big Day For TransGlobe Energy
Feb 13TransGlobe Energy: Results Come In
Jan 28TransGlobe Energy: A Case Study In Asymmetric Return Possibilities
Jan 08TransGlobe Energy: A Big Day For The Stock
Dec 24TransGlobe Energy: Results Begin To Come In
Oct 23TransGlobe Energy: New Production Ahead Of Time
Oct 01TransGlobe Energy Is On The Move
Jul 21TransGlobe Energy Is Resuming A Growth Strategy
Jul 09Transglobe Energy reports Q1 results
May 07TransGlobe Energy: New Contract With More Profits
Apr 27TransGlobe Energy receives approval for listing transfer to capital market; granted additional 180-day period for regaining listing compliance
Dec 31TransGlobe Energy: The Egyptian Solution
Dec 09A Look At TransGlobe Energy's (NASDAQ:TGA) Share Price Returns
Dec 08
TransGlobe Energy rockets on merger, extension of Eastern Desert Concessions
Dec 03TransGlobe Energy: Clipping Coupons
Nov 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TGA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TGA has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
| TransGlobe Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TGA) | 2.7% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.9% |
| Industry Average (Oil and Gas) | 4.0% |
| Analyst forecast in 3 Years (TGA) | 2.7% |
Notable Dividend: TGA's dividend (2.69%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: TGA's dividend (2.69%) is low compared to the top 25% of dividend payers in the US market (4.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (5.8%), TGA's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TGA is paying a dividend but the company has no free cash flows.