Italgas Dividend
Dividend criteria checks 3/6
Italgas is a dividend paying company with a current yield of 6.9% that is well covered by earnings.
Key information
6.9%
Dividend yield
62%
Payout ratio
| Industry average yield | 3.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.385 |
| Earnings per share | US$0.57 |
| Dividend yield forecast | 8.2% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ITGG.F has been paying a dividend for less than 10 years.
Growing Dividend: ITGG.F's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Italgas Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ITGG.F) | 6.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Gas Utilities) | 3.6% |
| Analyst forecast (ITGG.F) (up to 3 years) | 8.2% |
Notable Dividend: ITGG.F's dividend (6.9%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: ITGG.F's dividend (6.9%) is in the top 25% of dividend payers in the US market (4.36%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62%), ITGG.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ITGG.F is paying a dividend but the company has no free cash flows.