Aygaz A.S., together with its subsidiaries, purchases and delivers liquid petroleum gas (LPG) to retailers for distribution to customers in Turkey. The company operates through three segments: Gas and Petroleum Products, Electricity, and Other. It also manufactures LPG cylinders, LPG tanks, valves, and other supplementary materials; and cylinder-hood sets and hoses, regulators, small cylinder gas devices, barbecues, and patio heaters. In addition, the company distributes LPG autogas, cylinder gas, and bulk gas; produces and sells LPG-operated devices; carries out LPG marine transportation activities; sells carboy water; and trades in fuel and lubricants through its autogas stations. Further, it engages in the delivery of natural gas to customers through pipelines; and liquefied natural gas to customers through cryogenic trailers. Additionally, it purchases, builds, rents, and operates vessels, which transports crude oil, petroleum products, liquid petroleum gas, natural gas and solid, liquid, and liquefied products; and generates, distributes, and sells electricity. As of December 31, 2021, it operated 8 hydroelectric power plants, 1 wind power plant, and 1 natural gas cycle plant with a total installed capacity of 436 MW. The company provides its services through 2,259 cylinder gas dealers; and 1,718 autogas stations. Aygaz A.S. was incorporated in 1961 and is headquartered in Sisli, Turkey. Aygaz A.S. is a subsidiary of Koç Holding A.S.
Aygaz Dividend Announcement
• Aygaz announced a annually dividend of ₺6.85 per ordinary share which will be made payable on . Ex dividend date: 2024-04-04
• Aygaz annual dividend for 2024 was ₺6.85
• Aygaz annual dividend for 2023 was ₺1.00
• Aygaz's trailing twelve-month (TTM) dividend yield is 3.75%
• Aygaz's payout ratio for the trailing twelve months (TTM) is 53.14%
• Aygaz's dividend growth over the last five years (2018-2023) was -8.19% year
Aygaz Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-04 | ₺6.85 | annually | |
2023-03-27 | ₺1.00 | annually | 2023-03-29 |
2022-04-06 | ₺0.50 | annually | 2022-04-08 |
2021-04-07 | ₺0.50 | annually | 2021-04-09 |
2020-03-17 | ₺0.50 | annually | 2020-03-19 |
2019-03-28 | ₺1.29 | annually | 2019-04-01 |
2018-03-29 | ₺1.53 | annually | 2018-04-02 |
2017-04-05 | ₺1.50 | annually | 2017-04-07 |
2016-04-11 | ₺1.05 | annually | |
2015-04-06 | ₺0.33 | annually | |
2014-04-07 | ₺0.58 | annually | |
2013-04-09 | ₺1.00 | annually |
Aygaz Dividend per year
Aygaz Dividend growth
Aygaz Dividend Yield
Aygaz current trailing twelve-month (TTM) dividend yield is 3.75%. Interested in purchasing Aygaz stock? Use our calculator to estimate your expected dividend yield:
Aygaz Financial Ratios
Aygaz Dividend FAQ
Other factors to consider when evaluating Aygaz as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Aygaz's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Aygaz publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Aygaz distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Aygaz are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Aygaz sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Aygaz distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Aygaz declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Aygaz's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Aygaz's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.