OceanaGold Dividend
Dividend criteria checks 2/6
OceanaGold is a dividend paying company with a current yield of 0.89% that is well covered by earnings.
Key information
0.9%
Dividend yield
36%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$0.055 |
| Dividend yield forecast in 3Y | 0.9% |
Recent dividend updates
Recent updates
Does OceanaGold (TSE:OGC) Have A Healthy Balance Sheet?
Nov 18
Some Investors May Be Worried About OceanaGold's (TSE:OGC) Returns On Capital
Oct 09These 4 Measures Indicate That OceanaGold (TSE:OGC) Is Using Debt Reasonably Well
Aug 17OceanaGold (TSE:OGC) Might Be Having Difficulty Using Its Capital Effectively
Jun 19Robust Earnings May Not Tell The Whole Story For OceanaGold (TSE:OGC)
May 06We Think OceanaGold (TSE:OGC) Has A Fair Chunk Of Debt
Apr 25OceanaGold (TSE:OGC) Will Be Hoping To Turn Its Returns On Capital Around
Feb 04We Think OceanaGold (TSE:OGC) Is Taking Some Risk With Its Debt
Dec 02Here's Why OceanaGold (TSE:OGC) Can Afford Some Debt
Jun 30Here's Why OceanaGold (TSE:OGC) Can Afford Some Debt
Mar 07Have Insiders Been Buying OceanaGold Corporation (TSE:OGC) Shares This Year?
Feb 08Could The OceanaGold Corporation (TSE:OGC) Ownership Structure Tell Us Something Useful?
Jan 04OceanaGold (TSE:OGC) Share Prices Have Dropped 51% In The Last Three Years
Nov 30
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OGC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: OGC has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| OceanaGold Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (OGC) | 0.9% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Metals and Mining) | 1.9% |
| Analyst forecast in 3 Years (OGC) | 0.9% |
Notable Dividend: OGC's dividend (0.89%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: OGC's dividend (0.89%) is low compared to the top 25% of dividend payers in the Canadian market (6.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.4%), OGC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.1%), OGC's dividend payments are well covered by cash flows.