Geodrill Dividend

What is Geodrill current dividend yield, its reliability and sustainability?

[object Object] Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.35%

Current Dividend Yield

Dividend Yield vs Market

Geodrill Dividend Yield vs Market
How does GEO dividend yield compare to the market?
SegmentDividend Yield
Company (GEO)2.3%
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

How stable has Geodrill's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/2/20220.0432.35
9/28/20220.0432.37
8/8/20220.0442.38
3/4/20220.0462.43
11/11/20210.0150.89
3/5/20210.0160.91

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.


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