Hemisphere Energy Dividends and Buybacks
Dividend criteria checks 4/6
Hemisphere Energy is a dividend paying company with a current yield of 8.7% that is well covered by earnings. Next payment date is on 27th December, 2024 with an ex-dividend date of 13th December, 2024.
Key information
8.7%
Dividend yield
2.8%
Buyback Yield
| Total Shareholder Yield | 11.5% |
| Future Dividend Yield | 5.4% |
| Dividend Growth | 8.7% |
| Next dividend pay date | 27 Dec 24 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | CA$0.160 |
| Payout ratio | 33% |
Recent dividend and buyback updates
Hemisphere Energy (CVE:HME) Has Affirmed Its Dividend Of CA$0.025
Nov 26
Hemisphere Energy (CVE:HME) Is Due To Pay A Dividend Of CA$0.025
Aug 23Recent updates
Hemisphere Energy (CVE:HME) Has Affirmed Its Dividend Of CA$0.025
Nov 26Hemisphere Energy (CVE:HME) Is Due To Pay A Dividend Of CA$0.025
Aug 23Hemisphere 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 02Stability 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 3 years.
Dividend Yield vs Market
| Hemisphere Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HME) | 8.7% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Oil and Gas) | 4.8% |
| Analyst forecast (HME) (up to 3 years) | 5.4% |
Notable Dividend: HME's dividend (8.7%) is higher than the bottom 25% of dividend payers in the Canadian market (1.82%).
High Dividend: HME's dividend (8.7%) is in the top 25% of dividend payers in the Canadian market (6.54%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.2%), HME's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.6%), HME's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 22:40 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hemisphere Energy Corporation is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Patrick O'Rourke | ATB Capital Markets |
| Laique Ahmad Amir Arif | ATB Capital Markets |
| Stephen Toth | Canaccord Genuity |