Headwater Exploration Dividend
Dividend criteria checks 2/6
Headwater Exploration is a dividend paying company with a current yield of 5.17% that is well covered by earnings. Next payment date is on 15th April, 2024 with an ex-dividend date of 27th March, 2024.
Key information
5.2%
Dividend yield
60%
Payout ratio
Industry average yield | 4.9% |
Next dividend pay date | 15 Apr 24 |
Ex dividend date | 27 Mar 24 |
Dividend per share | n/a |
Earnings per share | CA$0.66 |
Dividend yield forecast in 3Y | 5.2% |
Recent dividend updates
Recent updates
With EPS Growth And More, Headwater Exploration (TSE:HWX) Makes An Interesting Case
Jul 06Headwater Exploration (TSE:HWX) Is Doing The Right Things To Multiply Its Share Price
Apr 20Is There An Opportunity With Headwater Exploration Inc.'s (TSE:HWX) 33% Undervaluation?
Apr 05We Like These Underlying Return On Capital Trends At Headwater Exploration (TSE:HWX)
Jan 05Headwater Exploration (TSE:HWX) Shareholders Will Want The ROCE Trajectory To Continue
Aug 04We Like These Underlying Return On Capital Trends At Headwater Exploration (TSE:HWX)
Apr 02Time To Worry? Analysts Just Downgraded Their Headwater Exploration Inc. (TSE:HWX) Outlook
Mar 12Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether HWX's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if HWX's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Headwater Exploration Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (HWX) | 5.2% |
Market Bottom 25% (CA) | 2.0% |
Market Top 25% (CA) | 6.3% |
Industry Average (Oil and Gas) | 4.9% |
Analyst forecast in 3 Years (HWX) | 5.2% |
Notable Dividend: HWX's dividend (5.17%) is higher than the bottom 25% of dividend payers in the Canadian market (1.98%).
High Dividend: HWX's dividend (5.17%) is low compared to the top 25% of dividend payers in the Canadian market (6.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.4%), HWX's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (149.7%), HWX's dividend payments are not well covered by cash flows.