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i3 Energy Dividends and Buybacks
Dividend criteria checks 3/6
i3 Energy is a dividend paying company with a current yield of 8.04%.
Key information
8.0%
Dividend yield
-0.02%
Buyback Yield
| Total Shareholder Yield | 8.0% |
| Future Dividend Yield | 8.0% |
| Dividend Growth | 13.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.0183 |
| Payout ratio | 98% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ITE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ITE has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| i3 Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ITE) | 8.0% |
| Market Bottom 25% (CA) | 1.7% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Oil and Gas) | 4.4% |
| Analyst forecast (ITE) (up to 3 years) | 8.0% |
Notable Dividend: ITE's dividend (8.04%) is higher than the bottom 25% of dividend payers in the Canadian market (1.76%).
High Dividend: ITE's dividend (8.04%) is in the top 25% of dividend payers in the Canadian market (6.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (98.1%), ITE's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.9%), ITE's dividend payments are well covered by cash flows.