Union Jack Oil Dividend
Dividend criteria checks 2/6
Union Jack Oil is a dividend paying company with a current yield of 3.12% that is well covered by earnings. Next payment date is on 26th July, 2024 with an ex-dividend date of 4th July, 2024.
Key information
3.1%
Dividend yield
16%
Payout ratio
Industry average yield | 4.3% |
Next dividend pay date | 26 Jul 24 |
Ex dividend date | 04 Jul 24 |
Dividend per share | n/a |
Earnings per share | UK£0.0081 |
Dividend yield forecast in 3Y | 3.1% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether UJO's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if UJO's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Union Jack Oil Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (UJO) | 3.1% |
Market Bottom 25% (GB) | 2.0% |
Market Top 25% (GB) | 5.6% |
Industry Average (Oil and Gas) | 4.3% |
Analyst forecast in 3 Years (UJO) | 3.1% |
Notable Dividend: UJO's dividend (3.12%) is higher than the bottom 25% of dividend payers in the UK market (2.02%).
High Dividend: UJO's dividend (3.12%) is low compared to the top 25% of dividend payers in the UK market (5.59%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.6%), UJO's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: UJO is paying a dividend but the company has no free cash flows.