Surge Energy Dividend
Dividend criteria checks 3/6
Surge Energy is a dividend paying company with a current yield of 6.71%.
Key information
6.7%
Dividend yield
301%
Payout ratio
| Industry average yield | 4.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$0.16 |
| Dividend yield forecast in 3Y | 6.7% |
Recent dividend updates
Recent updates
Surge Energy's (TSE:SGY) Dividend Will Be CA$0.04
Mar 18
Surge Energy's (TSE:SGY) Dividend Will Be CA$0.04
Feb 19Surge Energy (TSE:SGY) Has Affirmed Its Dividend Of CA$0.04
Jan 19Surge Energy's (TSE:SGY) Dividend Will Be CA$0.04
Nov 18Surge Energy (TSE:SGY) Has Affirmed Its Dividend Of CA$0.04
Oct 19Surge Energy's (TSE:SGY) Dividend Will Be CA$0.04
Sep 19Surge Energy (TSE:SGY) Has Affirmed Its Dividend Of CA$0.04
Aug 18Surge Energy (TSE:SGY) Has Affirmed Its Dividend Of CA$0.04
Jul 20Industry Analysts Just Made A Meaningful Upgrade To Their Surge Energy Inc. (TSE:SGY) Revenue Forecasts
Nov 23Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SGY's dividend payments have been volatile in the past 10 years.
Growing Dividend: SGY's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Surge Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SGY) | 6.7% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Oil and Gas) | 4.9% |
| Analyst forecast in 3 Years (SGY) | 6.7% |
Notable Dividend: SGY's dividend (6.71%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: SGY's dividend (6.71%) is in the top 25% of dividend payers in the Canadian market (6.56%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (301.1%), SGY's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.1%), SGY's dividend payments are covered by cash flows.