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TGH Textainer Group Holdings Limited dividend history, payout ratio & dates

Textainer Group Holdings Limited's most recent quarterly dividend of $0.3 per share was on Nov 30, 2023 (ex-date). The annualized payout of $1.2 per share represents a current dividend yield of 2.4%.

Key dates

  • TGH last dividend date: Nov 30, 2023
  • TGH next dividend date: Feb 29, 2024
TGH dividend stats
DPS
$1.2
Dividend yield
2.4%
Payout ratio
27.1%
vs. Industrials sector
Dividend yield
1.44%
Payout ratio
30.9%

Dividend yield

What is Textainer Group Holdings Limited current dividend yield

Textainer Group Holdings Limited's dividend yield of 2.4% is above the Industrials sector and the industry average. If we compare it with its Industrials sector average of 1.44%, Textainer Group Holdings Limited's dividend yield is 67% higher.

Dividend history

What is TGH dividend payout history and dates

Textainer Group Holdings Limited has a dividend history dating as far as 2007, but lately the company has recorded three consecutive years of dividend payments. Our records of TGH show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 20% for the last twelve months. But since the stock price has gone up by 54% from a year ago, the dividend yield has decreased by 22%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Nov 30, 2023 Dec 15, 2023 Nov 2, 2023 $0.3 normal
Aug 31, 2023 Sep 15, 2023 Aug 1, 2023 $0.3 normal
Jun 1, 2023 Jun 15, 2023 May 2, 2023 $0.3 normal
Mar 2, 2023 Mar 15, 2023 Feb 14, 2023 $0.3 normal
Dec 1, 2022 Dec 15, 2022 Nov 1, 2022 $0.25 normal
Sep 1, 2022 Sep 15, 2022 Aug 2, 2022 $0.25 normal
Jun 2, 2022 Jun 15, 2022 May 5, 2022 $0.25 normal
Mar 3, 2022 Mar 15, 2022 Feb 10, 2022 $0.25 normal
Dec 2, 2021 Dec 15, 2021 Nov 4, 2021 $0.25 normal

Textainer Group Holdings Limited dividend payout ratio

What is Textainer Group Holdings Limited dividend payout ratio compared to the sector

Payout ratio

Textainer Group Holdings Limited's payout ratio of 27.1% is below the Industrials sector and the industry average. Compared to its Industrials sector average of 30.9%, Textainer Group Holdings Limited's payout ratio is 12% lower.

Total amount of dividends paid per financial year (from cash flow)

TGH dividend vs peer dividends

How does TGH dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
TGH Textainer Group Holdings Limited 2.4% $1.2 27.1%
AL Air Lease Corp 2.03% $0.81 15.7%

Frequently asked questions

Does Textainer Group Holdings Limited pay a dividend?

Yes, Textainer Group Holdings Limited has been paying dividends for the last three years.

When is Textainer Group Holdings Limited's next dividend?

TGH has announced its next dividend with ex-date Feb 29, 2024.

When was TGH's last dividend?

Textainer Group Holdings Limited's last dividend ex-date was on Nov 30, 2023. The dividend amount was $0.3 per share.

How much dividend does Textainer Group Holdings Limited pay (per share)?

On an annual basis TGH pays $1.2 per share.

What is Textainer Group Holdings Limited's dividend yield?

Currently Textainer Group Holdings Limited's dividend yield is 2.4%.

How often does Textainer Group Holdings Limited pay dividends?

Textainer Group Holdings Limited pays dividends quarterly.

What is Textainer Group Holdings Limited's dividend payout ratio?

Textainer Group Holdings Limited's dividend payout ratio is 27.1%.

Does Textainer Group Holdings Limited pay a good dividend?

Textainer Group Holdings Limited's dividend yield is more than the Industrials sector average.