If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Thessaloniki Port Authority SA is 0.87, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Thessaloniki Port Authority was 1.89. The lowest was 0.28. And the median was 0.66.
During the past 12 months, Thessaloniki Port Authority's average Dividends Per Share Growth Rate was -3.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 38.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 32.20% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Thessaloniki Port Authority was 167.10% per year. The lowest was -50.30% per year. And the median was 32.10% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Thessaloniki Port Authority Dividend Yield % Historical Data
* 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.
Thessaloniki Port Authority Dividend Yield % Chart
Competitive Comparison of Thessaloniki Port Authority's Dividend Yield %
For the Marine Shipping subindustry, Thessaloniki Port Authority'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.
Thessaloniki Port Authority's Dividend Yield % Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Thessaloniki Port Authority's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Thessaloniki Port Authority's Dividend Yield % falls into.
Thessaloniki Port Authority Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Thessaloniki Port Authority Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
EUR 1.300000
2024-05-14
2024-05-15
2024-05-20
Cash Dividend
annually
EUR:EUR 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.
* 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.
Thessaloniki Port Authority (ATH:OLTH) 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.
Thessaloniki Port Authority Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Thessaloniki Port Authority's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Thessaloniki Port Authority (ATH:OLTH) Business Description
Thessaloniki Port Authority SA is a shipping company based in Greece. It manages the port of Thessaloniki and provides ship berthing, anchoring, mooring, loading, unloading and cargo handling and passenger services along with add-on services like water, electricity, telephone connections, The company's operational areas are categorized into four, which are vessels, containers, event halls and parking services. Most of its revenues are obtained from its container and vessel operations catering to industries, shipping agents, container transportation companies, and freight transport companies. The Event halls are another aspect of its service area, wherein the company provides premises to host multipurpose activities.
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