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
P/E ratio11.35
PEG ratio3.25
P/B ratio0.36
ROE3.19%
Payout ratio81.92%
Current ratio2.82
Quick ratio2.31
Cash Ratio1.22
Tesgas Dividend FAQ
How much is the next Tesgas dividend?
Tesgas's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tesgas dividend. The next Tesgas dividend will be released in July.
When is Tesgas dividend paid?
Tesgas pays dividends on a annually basis. The specific dates may vary each year but are generally around July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Tesgas pay?
The specific amount of Tesgas dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Tesgas's dividend history.
Does Tesgas stock pay dividends?
Yes, Tesgas does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Tesgas's dividend history.
How much dividend does Tesgas pay?
Tesgas paid zł0.0 in 2024, zł0.2 in 2023, zł0.3 in 2022, zł0.0 in 2021, and zł0.0 in 2020.
How often does Tesgas pay dividends?
Tesgas typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around July.
What is Tesgas's dividend yield?
The current dividend yield for Tesgas is -%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Tesgas's exact dividend yield.
When does Tesgas go ex dividend?
Tesgas's ex-dividend date for the latest dividend was on 2023-08-18. Tesgas typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Tesgas dividend paid?
Tesgas pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Tesgas increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Tesgas will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Tesgas dividend per share?
Tesgas paid zł0.0 per share in 2024 and zł0.2 per share in 2023. The amount of dividend per share that Tesgas pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Tesgas a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Tesgas a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Tesgas a dividend stock?
Yes, Tesgas is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tesgas a good dividend stock?
Whether Tesgas is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tesgas has a history of paying regular dividends, which can make it attractive to income-focused investors.
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.
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.
Does Tesgas pay dividends monthly?
Tesgas typically pays dividends on a annually basis.
Does Tesgas pay dividends quarterly?
Tesgas currently pays dividends on a annually basis.
Has Tesgas ever paid a dividend?
Yes, Tesgas has a history of paying dividends to its shareholders. Tesgas is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tesgas dividend stocks?
To buy Tesgas you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Tesgas stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Tesgas stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Tesgas pay dividends 2024?
Tesgas pays dividends on a annually basis. 2024 dividend payments are in 2023-09-21. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Tesgas increase its dividend in 2024?
Decisions regarding Tesgas dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Tesgas dividend overview you can look into the above table of dividend history.
How Tesgas dividend works?
The Tesgas dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Tesgas's dividend process works:
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. 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.
How are Tesgas dividends paid?
Tesgas dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
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.
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.
How many times does Tesgas pay dividends?
Tesgas typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Tesgas pay dividends?
The general pattern is that Tesgas pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Tesgas dividend safe?
The safety of Tesgas's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
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.
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.