Alvopetro Energy Dividends and Buybacks
Dividend criteria checks 3/6
Alvopetro Energy is a dividend paying company with a current yield of 10.37%.
Key information
10.4%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 10.1% |
| Future Dividend Yield | 10.4% |
| Dividend Growth | 16.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.360 |
| Payout ratio | 129% |
Recent dividend and buyback updates
Recent updates
Investors Continue Waiting On Sidelines For Alvopetro Energy Ltd. (CVE:ALV)
Mar 21
Is Alvopetro Energy Ltd. (CVE:ALV) Trading At A 24% Discount?
Jun 09Should You Be Adding Alvopetro Energy (CVE:ALV) To Your Watchlist Today?
May 12Returns On Capital Are A Standout For Alvopetro Energy (CVE:ALV)
Apr 13Investors Shouldn't Overlook Alvopetro Energy's (CVE:ALV) Impressive Returns On Capital
Dec 15Alvopetro Energy (CVE:ALV) Could Become A Multi-Bagger
Jul 19Alvopetro Energy (CVE:ALV) Has A Rock Solid Balance Sheet
Jun 17News Flash: Analysts Just Made A Sizeable Upgrade To Their Alvopetro Energy Ltd. (CVE:ALV) Forecasts
May 18Market Participants Recognise Alvopetro Energy Ltd.'s (CVE:ALV) Earnings Pushing Shares 25% Higher
Mar 29Alvopetro Energy (CVE:ALV) Is Investing Its Capital With Increasing Efficiency
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ALV has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ALV's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Alvopetro Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ALV) | 10.4% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Oil and Gas) | 4.6% |
| Analyst forecast (ALV) (up to 3 years) | 10.4% |
Notable Dividend: ALV's dividend (10.37%) is higher than the bottom 25% of dividend payers in the Canadian market (1.77%).
High Dividend: ALV's dividend (10.37%) is in the top 25% of dividend payers in the Canadian market (6.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (128.8%), ALV's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (82.7%), ALV's dividend payments are covered by cash flows.