Horizon Oil Dividends and Buybacks
Dividend criteria checks 2/6
Horizon Oil is a dividend paying company with a current yield of 15.77%.
Key information
15.8%
Dividend yield
0.006%
Buyback Yield
| Total Shareholder Yield | 15.8% |
| Future Dividend Yield | 24.5% |
| Dividend Growth | -14.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.030 |
| Payout ratio | 125% |
Recent dividend and buyback updates
Recent updates
Results: Horizon Oil Limited Exceeded Expectations And The Consensus Has Updated Its Estimates
Aug 31
Horizon Oil (ASX:HZN) Could Become A Multi-Bagger
Apr 19Calculating 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: HZN has been paying a dividend for less than 10 years and during this time payments have been volatile.
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) | 15.8% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.1% |
| Industry Average (Oil and Gas) | 7.3% |
| Analyst forecast (HZN) (up to 3 years) | 24.5% |
Notable Dividend: HZN's dividend (15.77%) is higher than the bottom 25% of dividend payers in the Australian market (2.65%).
High Dividend: HZN's dividend (15.77%) is in the top 25% of dividend payers in the Australian market (6.07%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (125%), HZN's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (111.6%), HZN's dividend payments are not well covered by cash flows.