Titas Gas Transmission & Distribution Co (DHA:TITASGAS) Dividend Yield % : 2.28% (As of May. 25, 2024)

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What is Titas Gas Transmission & Distribution Co Dividend Yield %?

As of today (2024-05-25), the Trailing Annual Dividend Yield of Titas Gas Transmission & Distribution Co is 2.28%.

Good Sign:

Titas Gas Transmission & Distribution Co Ltd stock dividend yield is close to 1-year high.

The historical rank and industry rank for Titas Gas Transmission & Distribution Co's Dividend Yield % or its related term are showing as below:

DHA:TITASGAS' s Dividend Yield % Range Over the Past 10 Years
Min: 1.22 Med: 5.77 Max: 8.9
Current: 2.28

During the past 13 years, the highest Dividend Yield of Titas Gas Transmission & Distribution Co was 8.90%. The lowest was 1.22%. And the median was 5.77%.

DHA:TITASGAS's Dividend Yield % is ranked worse than
72.3% of 426 companies
in the Utilities - Regulated industry
Industry Median: 3.845 vs DHA:TITASGAS: 2.28

Titas Gas Transmission & Distribution Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Titas Gas Transmission & Distribution Co was 0.74. The lowest was 0.24. And the median was 0.53.

As of today (2024-05-25), the Forward Dividend Yield % of Titas Gas Transmission & Distribution Co is 2.28%.

Titas Gas Transmission & Distribution Co's Dividends per Share for the three months ended in Mar. 2024 was BDT0.00.

During the past 12 months, Titas Gas Transmission & Distribution Co's average Dividends Per Share Growth Rate was -50.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -27.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -11.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Titas Gas Transmission & Distribution Co was 18.60% per year. The lowest was -27.30% per year. And the median was -4.20% per year.

The growth rate is calculated with least square regression.

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

Titas Gas Transmission & Distribution Co Dividend Yield % Historical Data

The historical data trend for Titas Gas Transmission & Distribution Co's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Titas Gas Transmission & Distribution Co Dividend Yield % Chart

Titas Gas Transmission & Distribution Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Yield %

Get a 7-Day Free Trial

6.30

8.75

7.26

5.14

2.44

Titas Gas Transmission & Distribution Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Yield %	Get a 7-Day Free Trial															2.44	2.44	2.44	1.22	1.93

Competitive Comparison of Titas Gas Transmission & Distribution Co's Dividend Yield %

For the Utilities - Regulated Gas subindustry, Titas Gas Transmission & Distribution Co's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.

Titas Gas Transmission & Distribution Co's Dividend Yield % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Titas Gas Transmission & Distribution Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Titas Gas Transmission & Distribution Co's Dividend Yield % falls into.

Titas Gas Transmission & Distribution Co Dividend Yield % Calculation

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

Titas Gas Transmission & Distribution Co Recent Full-Year* Dividend History

Amount	Ex-date	Record Date	Pay Date	Type	Frequency	Forex Rate
BDT 0.500000	2023-11-16	2023-11-15	0000-00-00	Cash Dividend	annually	BDT:BDT 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.

Titas Gas Transmission & Distribution Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	0.5	/	21.90
	=	2.28 %

Current Share Price is BDT21.90.
Titas Gas Transmission & Distribution Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is BDT0.5.

Titas Gas Transmission & Distribution Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield	=	Forward Full Year Dividend	/	Current Share Price
	=		/	21.90
	=	0.00 %

Current Share Price is BDT21.90.
Titas Gas Transmission & Distribution Co's Dividends per Share for the forward twelve months is calculated as BDT * = BDT.

Titas Gas Transmission & Distribution Co (DHA:TITASGAS) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Titas Gas Transmission & Distribution Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Titas Gas Transmission & Distribution Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Titas Gas Transmission & Distribution Co (DHA:TITASGAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Titas Gas Transmission & Distribution Co Ltd (DHA:TITASGAS) » Definitions » Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

105, Kazi Nazrul Islam Avenue, 2nd Floor, Titas Gas Bhaban, Kawran Bazar Commerial Area, Dhaka, BGD, 1215

Website

https://www.titasgas.org.bd

Titas Gas Transmission & Distribution Co Ltd is principally engaged in the business of natural gas distribution. It operates through the segments that are distributed the same to the consumers in power, fertilizer, industrial, captive power, and commercial. Geographically it operates through the region of Bangladesh. Majority of the firm's revenue is generated from Natural Gas Distribution.

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