Pine Cliff Energy Dividend
Dividend criteria checks 2/6
Pine Cliff Energy is a dividend paying company with a current yield of 13.4%.
Key information
13.4%
Dividend yield
504%
Payout ratio
| Industry average yield | 4.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$0.026 |
| Dividend yield forecast in 3Y | 6.2% |
Recent dividend updates
Pine Cliff Energy (TSE:PNE) Has Announced A Dividend Of CA$0.0108
Jan 06
Pine Cliff Energy (TSE:PNE) Has Affirmed Its Dividend Of CA$0.0108
Nov 06Recent updates
Why Pine Cliff Energy's (TSE:PNE) Soft Earnings Are Just The Beginning Of Its Problems
Mar 13Pine Cliff Energy (TSE:PNE) Has Announced A Dividend Of CA$0.0108
Jan 06Pine Cliff Energy (TSE:PNE) Has Affirmed Its Dividend Of CA$0.0108
Nov 06Pine Cliff Energy (TSE:PNE) Has Announced A Dividend Of CA$0.0108
Oct 07Pine Cliff Energy (TSE:PNE) Is Paying Out A Dividend Of CA$0.0108
Sep 10Pine Cliff Energy (TSE:PNE) Has Affirmed Its Dividend Of CA$0.0108
Aug 07Pine Cliff Energy (TSE:PNE) Is Due To Pay A Dividend Of CA$0.0108
Jun 06We Think Pine Cliff Energy (TSE:PNE) Can Stay On Top Of Its Debt
Jul 20Pine Cliff Energy's (TSE:PNE) Earnings Aren't As Good As They Appear
Mar 15Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, PNE has been paying a dividend for less than 10 years.
Growing Dividend: PNE's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Pine Cliff Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PNE) | 13.4% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Oil and Gas) | 4.8% |
| Analyst forecast in 3 Years (PNE) | 6.2% |
Notable Dividend: PNE's dividend (13.4%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: PNE's dividend (13.4%) is in the top 25% of dividend payers in the Canadian market (6.49%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (504.5%), PNE's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PNE is paying a dividend but the company has no free cash flows.