New Hope Dividend
Dividend criteria checks 4/6
New Hope is a dividend paying company with a current yield of 9.19% that is well covered by earnings.
Key information
9.2%
Dividend yield
48%
Payout ratio
Industry average yield | 7.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.79 |
Dividend yield forecast in 3Y | 6.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NHC's dividend payments have been volatile in the past 10 years.
Growing Dividend: NHC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
New Hope Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NHC) | 9.2% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.2% |
Industry Average (Oil and Gas) | 7.1% |
Analyst forecast in 3 Years (NHC) | 6.5% |
Notable Dividend: NHC's dividend (9.19%) is higher than the bottom 25% of dividend payers in the Australian market (2.58%).
High Dividend: NHC's dividend (9.19%) is in the top 25% of dividend payers in the Australian market (6.23%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.4%), NHC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (90.2%), NHC's dividend payments are not well covered by cash flows.