TGLS Tecnoglass dividend history, payout ratio & dates
Tecnoglass's last dividend payment of $0.11 per share was made to shareholders on record before Sep 30, 2024. The dividend payment stands at $0.42 per share annually, which equates to a dividend yield of 0.54%.
Key dates
- TGLS last dividend date: Sep 30, 2024
TGLS dividend stats
vs. Industrials sector
Dividend yield
TGLS has a dividend yield of 0.54% which is lower than the Industrials sector and the industry average. In comparison with the Industrials sector average of 1.36%, Tecnoglass's dividend yield is 60% lower. The historical 5-year average of TGLS's dividend yield is 2.0%, which is higher than the current one.
Dividend history
Tecnoglass has been paying dividends for the last eight years. According to our records TGLS has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 22% since one year ago. However with the stock price up by 128% from a year ago, the dividend yield marks a decrease of 47%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 30, 2024 | $0.11 | 0.61% |
| Jun 28, 2024 | $0.11 | 0.8% |
| Mar 27, 2024 | $0.11 | 0.72% |
| Dec 28, 2023 | $0.09 | 0.78% |
| Sep 28, 2023 | $0.09 | 1.06% |
| Jun 29, 2023 | $0.09 | 0.64% |
| Mar 30, 2023 | $0.09 | 0.73% |
| Dec 29, 2022 | $0.075 | 0.91% |
| Sep 29, 2022 | $0.075 | 1.29% |
| Jun 29, 2022 | $0.065 | 1.28% |
| Mar 30, 2022 | $0.065 | 0.71% |
| Dec 30, 2021 | $0.065 | 0.56% |
| Sep 29, 2021 | $0.028 | 0.51% |
| Jun 29, 2021 | $0.028 | 0.53% |
| Mar 30, 2021 | $0.028 | 0.92% |
| Dec 30, 2020 | $0.028 | 1.58% |
| Sep 29, 2020 | $0.028 | 4.32% |
| Jul 7, 2020 | $0.028 | 3.55% |
| Mar 30, 2020 | $0.028 | 12.47% |
| Nov 27, 2019 | $0.14 | 7% |
| Jul 30, 2019 | $0.14 | 7.67% |
| Apr 29, 2019 | $0.14 | 7.71% |
| Jan 30, 2019 | $0.14 | 6.63% |
| Oct 25, 2018 | $0.14 | 6.58% |
| Jun 28, 2018 | $0.14 | 6.62% |
| Mar 28, 2018 | $0.14 | 5.76% |
| Dec 28, 2017 | $0.14 | 7.36% |
| Sep 28, 2017 | $0.14 | 7.36% |
| Jun 28, 2017 | $0.125 | 5.49% |
| Mar 29, 2017 | $0.125 | 3.46% |
| Dec 27, 2016 | $0.125 | 2.09% |
| Sep 21, 2016 | $0.125 | 1.01% |
Tecnoglass dividend payout ratio
Payout ratio
TGLS has a payout ratio of 13.2% which is lower than the Industrials sector and the industry average. In comparison with the Industrials sector average of 32.7%, Tecnoglass's payout ratio is 60% lower.
Total amount of dividends paid per financial year (from cash flow)
TGLS dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PPG Ppg Industries Inc | 2.17% | $2.66 | 42% |
| GFF Griffon Corp | 0.74% | $0.6 | 13.6% |
| AWI Armstrong World Industries Inc | 0.73% | $1.15 | 20.1% |
| TGLS Tecnoglass Inc | 0.54% | $0.42 | 13.2% |
Frequently asked questions
Does Tecnoglass pay a dividend?
Yes, Tecnoglass has been paying dividends for the last eight years.
When was TGLS's last dividend?
Tecnoglass's last dividend ex-date was on Sep 30, 2024. The dividend amount was $0.11 per share.
How much dividend does Tecnoglass pay (per share)?
On an annual basis TGLS pays $0.42 per share.
What is Tecnoglass's dividend yield?
The current dividend yield of Tecnoglass is 0.54%.
How often does Tecnoglass pay dividends?
Tecnoglass has a quarterly dividend frequency.
What is Tecnoglass's dividend payout ratio?
Tecnoglass's dividend payout ratio is 13.2%.
Does Tecnoglass pay a good dividend?
Tecnoglass's dividend yield is lower than the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.