Newport Exploration Dividends and Buybacks
Dividend criteria checks 2/6
Newport Exploration is a dividend paying company with a current yield of 25%.
Key information
25.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 13.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.020 |
| Payout ratio | 165% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NWX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NWX has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
| Newport Exploration Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NWX) | 25.0% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Metals and Mining) | 1.8% |
| Analyst forecast (NWX) (up to 3 years) | n/a |
Notable Dividend: NWX's dividend (25%) is higher than the bottom 25% of dividend payers in the Canadian market (1.75%).
High Dividend: NWX's dividend (25%) is in the top 25% of dividend payers in the Canadian market (6.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (164.7%), NWX's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (94.2%), NWX's dividend payments are not well covered by cash flows.