Tethys Petroleum Dividend
Dividend criteria checks 2/6
Tethys Petroleum is a dividend paying company with a current yield of 12.67%.
Key information
12.6%
Dividend yield
102%
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$0.014 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
The Market Lifts Tethys Petroleum Limited (CVE:TPL) Shares 45% But It Can Do More
Apr 24
Tethys Petroleum (CVE:TPL) Is Achieving High Returns On Its Capital
Mar 25Tethys Petroleum Limited (CVE:TPL) Could Be Riskier Than It Looks
Feb 27We Like Tethys Petroleum's (CVE:TPL) Returns And Here's How They're Trending
Nov 02There's No Escaping Tethys Petroleum Limited's (CVE:TPL) Muted Earnings
May 31We Think Tethys Petroleum (CVE:TPL) Can Stay On Top Of Its Debt
May 05Tethys Petroleum (CVE:TPL) Seems To Use Debt Quite Sensibly
Dec 13The Strong Earnings Posted By Tethys Petroleum (CVE:TPL) Are A Good Indication Of The Strength Of The Business
Nov 02Is Tethys Petroleum (CVE:TPL) Using Too Much Debt?
Aug 04Tethys Petroleum (CVE:TPL) Might Have The Makings Of A Multi-Bagger
Apr 29Is Tethys Petroleum (CVE:TPL) Using Too Much Debt?
Mar 18We Think Tethys Petroleum (CVE:TPL) Has A Fair Chunk Of Debt
Nov 23Can Tethys Petroleum (CVE:TPL) Continue To Grow Its Returns On Capital?
Mar 19Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, TPL has been paying a dividend for less than 10 years.
Growing Dividend: TPL's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Tethys Petroleum Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TPL) | 12.6% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Oil and Gas) | 4.9% |
| Analyst forecast in 3 Years (TPL) | n/a |
Notable Dividend: TPL's dividend (12.67%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: TPL's dividend (12.67%) 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 (102.5%), TPL's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (179.9%), TPL's dividend payments are not well covered by cash flows.