Africa Oil Dividends and Buybacks
Dividend criteria checks 1/6
Africa Oil is a dividend paying company with a current yield of 3.73%.
Key information
3.7%
Dividend yield
6.5%
Buyback Yield
| Total Shareholder Yield | 10.2% |
| Future Dividend Yield | 11.1% |
| Dividend Growth | 16.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.050 |
| Payout ratio | -6% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, AOI has been paying a dividend for less than 10 years.
Growing Dividend: AOI has only been paying a dividend for 3 years, and since then payments have not increased.
Dividend Yield vs Market
| Africa Oil Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AOI) | 3.7% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Oil and Gas) | 4.5% |
| Analyst forecast (AOI) (up to 3 years) | 11.1% |
Notable Dividend: AOI's dividend (3.73%) is higher than the bottom 25% of dividend payers in the Canadian market (1.81%).
High Dividend: AOI's dividend (3.73%) is low compared to the top 25% of dividend payers in the Canadian market (6.18%).
Earnings Payout to Shareholders
Earnings Coverage: AOI is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: AOI is paying a dividend but the company has no free cash flows.