Horizon Oil Dividend
Dividend criteria checks 4/6
Horizon Oil is a dividend paying company with a current yield of 23.02% that is well covered by earnings.
Key information
23.0%
Dividend yield
87%
Payout ratio
| Industry average yield | 7.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | AU$0.027 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Horizon Oil (ASX:HZN) Could Become A Multi-Bagger
Apr 19
Calculating The Fair Value Of Horizon Oil Limited (ASX:HZN)
Feb 01Horizon Oil Limited's (ASX:HZN) 29% Dip In Price Shows Sentiment Is Matching Earnings
Sep 01Horizon Oil (ASX:HZN) Has Debt But No Earnings; Should You Worry?
Feb 26Horizon Oil (ASX:HZN) Share Prices Have Dropped 46% In The Last Year
Dec 15
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, HZN has been paying a dividend for less than 10 years.
Growing Dividend: HZN's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Horizon Oil Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HZN) | 23.0% |
| Market Bottom 25% (AU) | 2.7% |
| Market Top 25% (AU) | 6.3% |
| Industry Average (Oil and Gas) | 7.0% |
| Analyst forecast in 3 Years (HZN) | n/a |
Notable Dividend: HZN's dividend (23.02%) is higher than the bottom 25% of dividend payers in the Australian market (2.67%).
High Dividend: HZN's dividend (23.02%) is in the top 25% of dividend payers in the Australian market (6.25%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (87%), HZN's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (70.4%), HZN's dividend payments are covered by cash flows.