Hemisphere Energy Dividend
Dividend criteria checks 4/6
Hemisphere Energy is a dividend paying company with a current yield of 6.44% that is well covered by earnings. Next payment date is on 25th October, 2024 with an ex-dividend date of 11th October, 2024.
Key information
6.4%
Dividend yield
34%
Payout ratio
| Industry average yield | 4.5% |
| Next dividend pay date | 25 Oct 24 |
| Ex dividend date | 11 Oct 24 |
| Dividend per share | CA$0.130 |
| Earnings per share | CA$0.30 |
| Dividend yield forecast | 5.0% |
Recent dividend updates
Recent updates
Hemisphere Energy (CVE:HME) Is Due To Pay A Dividend Of CA$0.025
Aug 23
Hemisphere Energy (CVE:HME) Has Affirmed Its Dividend Of CA$0.025
Jan 30Hemisphere Energy (CVE:HME) Is Due To Pay A Dividend Of CA$0.025
Aug 28Here's Why We Think Hemisphere Energy (CVE:HME) Is Well Worth Watching
Mar 04We Think Hemisphere Energy (CVE:HME) Can Manage Its Debt With Ease
Jun 08We Think Hemisphere Energy (CVE:HME) Can Stay On Top Of Its Debt
Feb 03Hemisphere Energy (CVE:HME) Is Looking To Continue Growing Its Returns On Capital
Nov 24Hemisphere Energy (CVE:HME) Has A Somewhat Strained Balance Sheet
Aug 18Here's Why Shareholders Will Not Be Complaining About Hemisphere Energy Corporation's (CVE:HME) CEO Pay Packet
Jun 09These 4 Measures Indicate That Hemisphere Energy (CVE:HME) Is Using Debt Extensively
May 12Will The ROCE Trend At Hemisphere Energy (CVE:HME) Continue?
Mar 20Is Hemisphere Energy (CVE:HME) A Risky Investment?
Jan 26
Is There More Growth In Store For Hemisphere Energy's (CVE:HME) Returns On Capital?
Dec 02Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, HME has been paying a dividend for less than 10 years.
Growing Dividend: HME's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Hemisphere Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HME) | 6.4% |
| Market Bottom 25% (CA) | 1.7% |
| Market Top 25% (CA) | 5.9% |
| Industry Average (Oil and Gas) | 4.5% |
| Analyst forecast (HME) (up to 3 years) | 5.0% |
Notable Dividend: HME's dividend (6.44%) is higher than the bottom 25% of dividend payers in the Canadian market (1.71%).
High Dividend: HME's dividend (6.44%) is in the top 25% of dividend payers in the Canadian market (5.88%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.6%), HME's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.5%), HME's dividend payments are covered by cash flows.