Türkiye Petrol Rafinerileri A.S., together with its subsidiaries, engages in the refining crude oil, petroleum, and chemical products in Turkey and internationally. It is also involved in the purchase, sale, import, export, storage, and marketing of petroleum products, LPG, and natural gas. The company's products include liquid petroleum gases, fuel oils, base oils, waxes, extracts, and bitumen and bitumen binders, as well as white spirits, cutting oils, clarified oils, petroleum coke, and sulphur products. In addition, it engages in the transportation of crude oil and petroleum products; operation of factories and facilities in petrochemical and energy related industries; and air, maritime, road, and rail transportation activities, as well as provision of mooring and tug services. The company was founded in 1983 and is headquartered in Körfez, Turkey. Türkiye Petrol Rafinerileri A.S. is a subsidiary of Enerji Yatirimlari A.S.
Türkiye Petrol Rafinerileri Dividend Announcement
• Türkiye Petrol Rafinerileri announced a semi annually dividend of ₺11.94 per ordinary share which will be made payable on 2024-10-01. Ex dividend date: 2024-09-27
• Türkiye Petrol Rafinerileri annual dividend for 2024 was ₺22.32
• Türkiye Petrol Rafinerileri annual dividend for 2023 was ₺52.94
• Türkiye Petrol Rafinerileri's trailing twelve-month (TTM) dividend yield is 15.29%
• Türkiye Petrol Rafinerileri's payout ratio for the trailing twelve months (TTM) is 156.66%
Türkiye Petrol Rafinerileri Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-27 | ₺11.94 | semi annually | 2024-10-01 |
2024-04-03 | ₺10.38 | semi annually | |
2023-09-29 | ₺7.53 | semi annually | 2023-10-03 |
2023-03-10 | ₺45.41 | semi annually | 2023-03-14 |
2019-03-28 | ₺15.15 | semi annually | 2019-04-01 |
2018-03-29 | ₺13.60 | semi annually | 2018-04-02 |
2017-04-04 | ₺6.22 | semi annually | 2017-04-06 |
2016-04-06 | ₺6.50 | semi annually | |
2014-04-02 | ₺1.58 | semi annually | |
2013-04-04 | ₺3.85 | semi annually | |
2012-04-06 | ₺3.93 | semi annually | |
2011-04-04 | ₺2.98 | semi annually | |
2010-04-06 | ₺2.50 | semi annually | |
2009-04-01 | ₺2.31 | semi annually |
Türkiye Petrol Rafinerileri Dividend per year
Türkiye Petrol Rafinerileri Dividend growth
Türkiye Petrol Rafinerileri Dividend Yield
Türkiye Petrol Rafinerileri current trailing twelve-month (TTM) dividend yield is 15.29%. Interested in purchasing Türkiye Petrol Rafinerileri stock? Use our calculator to estimate your expected dividend yield:
Türkiye Petrol Rafinerileri Financial Ratios
Türkiye Petrol Rafinerileri Dividend FAQ
Other factors to consider when evaluating Türkiye Petrol Rafinerileri 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: Türkiye Petrol Rafinerileri'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, Türkiye Petrol Rafinerileri 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, Türkiye Petrol Rafinerileri 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 Türkiye Petrol Rafinerileri 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: Türkiye Petrol Rafinerileri 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, Türkiye Petrol Rafinerileri distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Türkiye Petrol Rafinerileri 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 Türkiye Petrol Rafinerileri'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 Türkiye Petrol Rafinerileri'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.