Qatar Gas Transport Company Limited (Nakilat) (QPSC), together with its subsidiaries, operates as a shipping and maritime company in Qatar. The company is involved in the chartering of vessels; ship repair and offshore construction activities; fabrication, construction, and assembly of offshore and onshore structures; and provision of pipe fabrication and solutions, module fabrication and assembly, and onshore field and modular construction services. It also offers towage services through owned and operated tug boats, pilot boats, line boats, crew boats, and other harbor crafts, as well as towing, escorting, berthing, pilot support, afloat and ashore line handling services, emergency response, and marine maintenance support. In addition, the company provides agency and logistic support services, custom formalities, husbandry services, bunker coordination services, crew change and administration services, spare and supply services, and drydocking support services; and various support services to vessels, such as chandlery services, storage facilities, and logistics and related services. Its fleet consists of 29 wholly-owned and 40 jointly-owned vessels; 4 LPG carriers; 1 floating storage regasification unit vessel; and 25 tugs and marine support vessels. Qatar Gas Transport Company Limited (Nakilat) (QPSC) was incorporated in 2004 and is headquartered in Doha, Qatar.
Qatar Gas Transport Dividend Announcement
• Qatar Gas Transport announced a quarterly dividend of ر.ق0.07 per ordinary share which will be made payable on . Ex dividend date: 2024-09-11
• Qatar Gas Transport annual dividend for 2024 was ر.ق0.28
• Qatar Gas Transport annual dividend for 2023 was ر.ق0.13
• Qatar Gas Transport's trailing twelve-month (TTM) dividend yield is 6.64%
• Qatar Gas Transport's payout ratio for the trailing twelve months (TTM) is 71.74%
• Qatar Gas Transport's dividend growth over the last five years (2018-2023) was -58.04% year
• Qatar Gas Transport's dividend growth over the last ten years (2013-2023) was -35.23% year
Qatar Gas Transport Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-11 | ر.ق0.07 | quarterly | |
2024-08-29 | ر.ق0.07 | quarterly | 2024-09-01 |
2024-02-27 | ر.ق0.14 | quarterly | |
2023-03-14 | ر.ق0.13 | quarterly | 2023-04-01 |
2022-03-01 | ر.ق0.12 | quarterly | 2022-04-01 |
2021-03-03 | ر.ق0.11 | quarterly | 2021-04-01 |
2020-03-11 | ر.ق0.10 | quarterly | 2020-04-01 |
2019-03-20 | ر.ق10.00 | quarterly | 2019-04-01 |
2018-03-21 | ر.ق10.00 | quarterly | 2018-04-01 |
2017-03-13 | ر.ق10.00 | quarterly | 2017-04-01 |
2016-03-15 | ر.ق12.50 | quarterly | |
2015-03-11 | ر.ق12.00 | quarterly | |
2014-03-19 | ر.ق11.00 | quarterly | |
2013-03-28 | ر.ق10.00 | quarterly |
Qatar Gas Transport Dividend per year
Qatar Gas Transport Dividend growth
Qatar Gas Transport Dividend Yield
Qatar Gas Transport current trailing twelve-month (TTM) dividend yield is 6.64%. Interested in purchasing Qatar Gas Transport stock? Use our calculator to estimate your expected dividend yield:
Qatar Gas Transport Financial Ratios
Qatar Gas Transport Dividend FAQ
Other factors to consider when evaluating Qatar Gas Transport 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: Qatar Gas Transport'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, Qatar Gas Transport 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, Qatar Gas Transport 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 Qatar Gas Transport 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: Qatar Gas Transport 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, Qatar Gas Transport distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Qatar Gas Transport 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 Qatar Gas Transport'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 Qatar Gas Transport'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.