InPlay Oil Dividend
Dividend criteria checks 3/6
InPlay Oil is a dividend paying company with a current yield of 8.18% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 14th June, 2024.
Key information
8.2%
Dividend yield
64%
Payout ratio
Industry average yield | 4.9% |
Next dividend pay date | 28 Jun 24 |
Ex dividend date | 14 Jun 24 |
Dividend per share | n/a |
Earnings per share | CA$0.28 |
Dividend yield forecast in 3Y | 8.2% |
Recent dividend updates
Recent updates
InPlay Oil (TSE:IPO) Has Affirmed Its Dividend Of CA$0.015
Feb 08Things Look Grim For InPlay Oil Corp. (TSE:IPO) After Today's Downgrade
Feb 01InPlay Oil (TSE:IPO) Is Paying Out A Dividend Of CA$0.015
Dec 13InPlay Oil's (TSE:IPO) Dividend Will Be CA$0.015
Nov 12InPlay Oil Corp.'s (TSE:IPO) Intrinsic Value Is Potentially 78% Above Its Share Price
Oct 05InPlay Oil Corp.'s (TSE:IPO) Intrinsic Value Is Potentially 20% Below Its Share Price
Mar 14Should You Be Adding InPlay Oil (TSE:IPO) To Your Watchlist Today?
Oct 04InPlay Oil Corp. (TSE:IPO) Stock Catapults 29% Though Its Price And Business Still Lag The Market
Aug 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, IPO has been paying a dividend for less than 10 years.
Growing Dividend: IPO has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
InPlay Oil Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (IPO) | 8.2% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.4% |
Industry Average (Oil and Gas) | 4.9% |
Analyst forecast in 3 Years (IPO) | 8.2% |
Notable Dividend: IPO's dividend (8.18%) is higher than the bottom 25% of dividend payers in the Canadian market (1.87%).
High Dividend: IPO's dividend (8.18%) is in the top 25% of dividend payers in the Canadian market (6.4%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.3%), IPO's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (664.5%), IPO's dividend payments are not well covered by cash flows.