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Taqa Morocco (CAS:TQM) 3-Year Dividend Growth Rate : -0.90% (As of Jun. 2023)


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What is Taqa Morocco 3-Year Dividend Growth Rate?

Taqa Morocco's Dividends per Share for the six months ended in Jun. 2023 was MAD0.00.

The historical rank and industry rank for Taqa Morocco's 3-Year Dividend Growth Rate or its related term are showing as below:

CAS:TQM' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -4.4   Med: 2.7   Max: 45.7
Current: -0.9

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Taqa Morocco was 45.70% per year. The lowest was -4.40% per year. And the median was 2.70% per year.

CAS:TQM's 3-Year Dividend Growth Rate is ranked worse than
67.41% of 135 companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.3 vs CAS:TQM: -0.90

During the past 3 years, the average Dividends Per Share Growth Rate was -0.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Taqa Morocco's Dividend Payout Ratio for the six months ended in Jun. 2023 was 0.00. As of today, Taqa Morocco's Dividend Yield % is 2.44%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Taqa Morocco SA is 0.71, which seems too high.

Warning Sign:

Taqa Morocco SA stock dividend yield is close to 5-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Taqa Morocco's 3-Year Dividend Growth Rate

For the Utilities - Independent Power Producers subindustry, Taqa Morocco's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Taqa Morocco's 3-Year Dividend Growth Rate Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Taqa Morocco's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Taqa Morocco's 3-Year Dividend Growth Rate falls into.



Taqa Morocco 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Taqa Morocco  (CAS:TQM) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Taqa Morocco's Dividend Payout Ratio for the quarter that ended in Jun. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2023 )/ EPS without NRI (Q: Jun. 2023 )
=0/ 19.42
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Taqa Morocco was 0.97. The lowest was 0.35. And the median was 0.81.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Taqa Morocco SA is 0.71, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Taqa Morocco Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
MAD 35.0000002023-09-132023-09-122023-09-22Cash DividendannuallyMAD:MAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Taqa Morocco's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=35/1432.00
=2.44 %

Current Share Price is MAD1432.00.
Taqa Morocco's Dividends per Share for the trailing twelve months (TTM) ended in Today is MAD35.

During the past 13 years, the highest Dividend Yield of Taqa Morocco was 4.72%. The lowest was 2.03%. And the median was 3.55%.

Warning Sign:

Taqa Morocco SA stock dividend yield is close to 5-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Taqa Morocco 3-Year Dividend Growth Rate Related Terms>


Taqa Morocco (CAS:TQM) Business Description

Traded in Other Exchanges
N/A
Address
B.P. 99 - Sidi Bouzid, PK23, Route regionale 301, Centrale Thermique de Jorf Lasfar, Commune Moulay Abdellah, El Jadida, MAR
Taqa Morocco SA is a producer of electricity in Morocco. The company provides associated activities in the oil and gas sectors, the storage of the oil and gas products, electricity and water as well as transport infrastructure across Canada, Ghana, India, Iraq, Morocco, the Netherlands, Oman, Saudi Arabia, the United Arab Emirates, the United Kingdom, and the United States.

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