Surge Energy Dividend
Dividend criteria checks 3/6
Surge Energy is a dividend paying company with a current yield of 7.08%.
Key information
7.1%
Dividend yield
-1,793%
Payout ratio
Industry average yield | 5.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | -CA$0.027 |
Dividend yield forecast in 3Y | 7.7% |
Recent dividend updates
Surge Energy (TSE:SGY) Is Paying Out A Dividend Of CA$0.04
May 23Surge Energy's (TSE:SGY) Dividend Will Be CA$0.04
Mar 18Recent updates
Surge Energy (TSE:SGY) Is Paying Out A Dividend Of CA$0.04
May 23Shareholders May Not Be So Generous With Surge Energy Inc.'s (TSE:SGY) CEO Compensation And Here's Why
May 08Surge Energy's (TSE:SGY) Dividend Will Be CA$0.04
Mar 18Surge 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) | 7.1% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.4% |
Industry Average (Oil and Gas) | 5.0% |
Analyst forecast in 3 Years (SGY) | 7.7% |
Notable Dividend: SGY's dividend (7.08%) is higher than the bottom 25% of dividend payers in the Canadian market (1.87%).
High Dividend: SGY's dividend (7.08%) is in the top 25% of dividend payers in the Canadian market (6.39%)
Earnings Payout to Shareholders
Earnings Coverage: SGY is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.8%), SGY's dividend payments are covered by cash flows.