September Dividend Deluge: Cash Flow and Buyback Strategies of 18 Companies

September marked a watershed for cash dividends and share‑buyback programmes on the Turkish market, with 18 listed firms distributing a total TL 1.2 billion to shareholders.

September Dividend Deluge: Cash Distribution Strategies of 18 Companies

■18 firms paid cash dividends at an average 6.8% yield.

■Highest yield: 12.4% by Sabancı Holding; lowest: 3.2% by BİM.

■Total cash payout reached TL 1.2 billion, a 27% increase versus the prior quarter.

Turkcell & TOGG: Market Capitalisation and Growth Dynamics

■Turkcell shares are in focus after the TOGG partnership, lifting its market cap to TL 18.4 billion.

■TOGG aims to produce 5,000 vehicles by 2026, targeting a 15% revenue uplift.

■The company offers an attractive 8.2% dividend yield.

Foreign Flow Radar: Which Stocks Attract International Capital?

■Net foreign buying concentrated in ASELSAN, Ereğli Demir ve Çelik, Koç Holding.

■Net foreign selling dominated TUPRS, VESTEL, PETKM.

■Net foreign purchases amounted to 45.6 million shares, while net sales were 12.3 million shares.

Technical Signals & Buy‑Sell Balance Assessment

■10 stocks showed strengthened Buy signals; average RSI at 62.

■Sell signals averaged an RSI of 38.

■Overall Buy‑Sell balance stands at 57% Buy / 43% Sell, indicating a modest upward bias.

Ozan Tekin – As a long‑term value strategist, I recommend overweighting companies with dividend yields above 7%, especially when complemented by active buy‑back programmes, as they enhance total return potential. The Turkcell‑TOGG alliance creates a compelling dividend‑growth duo, while foreign investors’ tilt toward high‑liquidity, strong‑yield stocks such as ASELSAN and Koç Holding underscores their suitability for a low‑risk, high‑return portfolio. The bullish technical tilt offers short‑term entry points, but position sizing must be managed prudently amid lingering volatility.