Tesgas S.A. designs, constructs, and operates various gas facilities in Poland. The company invests in activities related to the transmission and distribution of natural gas. It is also involved in the construction and renovation of gas networks of high, medium, and low pressures; gas stations and boiler rooms; and facilities related to the extraction of natural gas and crude oil. In addition, the company engages in the construction of LNG, LPG, and CNG gas stations, as well as micro generation systems; and manufacture of pressure vessels. Further, it operates medium and high-pressure gas stations and gas pipelines; and other gas facilities, including LNG installations, gas boilers, industrial gas installations, etc. Additionally, the company engages in the distribution of natural gas odorizing agent THT (tetrahydrotiophene), a colorless agent that is added to odorless natural gas to make the gas detectable; delivery of THT and filling odorizing installations; adjusting odorizing installations to the possibility of hermetic filling with THT agent; and elimination of small THT leaks from installations, tanks, etc. It also offers design services in the field of gas infrastructure, such as undertaking projects, including high, medium, and low-pressure gas networks; high and medium pressure gas stations; and installations in oil and gas mines. The company serves owners of gas networks; reduction and metering station construction customers; and gas mines, gas storage facilities, gas pipelines, or LNG terminal construction contractors. Tesgas S.A. was founded in 2000 and is headquartered in Dopiewo, Poland.
Tesgas Dividend Announcement
• Tesgas announced a annually dividend of zł0.20 per ordinary share which will be made payable on 2023-09-21. Ex dividend date: 2023-08-18
• Tesgas annual dividend for 2023 was zł0.20
• Tesgas's trailing twelve-month (TTM) dividend yield is -%
• Tesgas's payout ratio for the trailing twelve months (TTM) is 81.92%
Tesgas Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-08-18 | zł0.20 | annually | 2023-09-21 |
2022-07-05 | zł0.30 | annually | 2022-07-20 |
2016-06-29 | zł0.10 | annually | |
2015-07-10 | zł0.10 | annually | |
2014-06-16 | zł0.25 | annually |
Tesgas Dividend per year
Tesgas Dividend growth
Tesgas Dividend Yield
Tesgas current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tesgas stock? Use our calculator to estimate your expected dividend yield:
Tesgas Financial Ratios
Tesgas Dividend FAQ
Other factors to consider when evaluating Tesgas 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: Tesgas'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, Tesgas 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, Tesgas 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 Tesgas 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: Tesgas 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, Tesgas distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tesgas 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 Tesgas'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 Tesgas'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.