Foran Energy Group Dividend
Dividend criteria checks 3/6
Foran Energy Group is a dividend paying company with a current yield of 4.81% that is well covered by earnings.
Key information
4.8%
Dividend yield
72%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.51 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002911 has been paying a dividend for less than 10 years.
Growing Dividend: 002911's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Foran Energy Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2911) | 4.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Gas Utilities) | 3.3% |
| Analyst forecast in 3 Years (2911) | n/a |
Notable Dividend: 002911's dividend (4.81%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002911's dividend (4.81%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.5%), 002911's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002911 is paying a dividend but the company has no free cash flows.