McChip Resources Dividend
Dividend criteria checks 3/6
McChip Resources is a dividend paying company with a current yield of 6.67% that is well covered by earnings.
Key information
6.7%
Dividend yield
59%
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$0.068 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
McChip Resources (CVE:MCS) Will Pay A Smaller Dividend Than Last Year
Jan 15
McChip Resources (CVE:MCS) Has Debt But No Earnings; Should You Worry?
Aug 26Estimating The Fair Value Of McChip Resources Inc. (CVE:MCS)
Jan 17Estimating The Intrinsic Value Of McChip Resources Inc. (CVE:MCS)
May 26Key Things To Consider Before Buying McChip Resources Inc. (CVE:MCS) For Its Dividend
Apr 13Why You Might Be Interested In McChip Resources Inc. (CVE:MCS) For Its Upcoming Dividend
Jan 08
Here's Why We Don't Think McChip Resources's (CVE:MCS) Statutory Earnings Reflect Its Underlying Earnings Potential
Nov 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MCS's dividend payments have been volatile in the past 10 years.
Growing Dividend: MCS's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| McChip Resources Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MCS) | 6.7% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.6% |
| Industry Average (Oil and Gas) | 4.9% |
| Analyst forecast in 3 Years (MCS) | n/a |
Notable Dividend: MCS's dividend (6.67%) is higher than the bottom 25% of dividend payers in the Canadian market (1.84%).
High Dividend: MCS's dividend (6.67%) is in the top 25% of dividend payers in the Canadian market (6.5%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.8%), MCS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MCS is paying a dividend but the company has no free cash flows.