What is Geodrill current dividend yield, its reliability and sustainability?
[object Object] Score2/6
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Geodrill Dividend Yield vs Market|
|Market Bottom 25% (CA)||1.8%|
|Market Top 25% (CA)||5.6%|
|Industry Average (Metals and Mining)||2.3%|
|Analyst forecast in 3 Years (GEO)||n/a|
Notable Dividend: GEO's dividend (2.35%) is higher than the bottom 25% of dividend payers in the Canadian market (1.8%).
High Dividend: GEO's dividend (2.35%) is low compared to the top 25% of dividend payers in the Canadian market (5.67%).
Stability and Growth of Payments
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
Stable Dividend: Whilst dividend payments have been stable, GEO has been paying a dividend for less than 10 years.
Growing Dividend: GEO's dividend payments have increased, but the company has only paid a dividend for 2 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11%), GEO's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (883.3%), GEO's dividend payments are not well covered by cash flows.