Ithaca Energy Dividend
Dividend criteria checks 4/6
Ithaca Energy is a dividend paying company with a current yield of 28.02% that is well covered by earnings.
Key information
28.0%
Dividend yield
82%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.313 |
| Earnings per share | €0.16 |
| Dividend yield forecast | 19.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, XE3 has been paying a dividend for less than 10 years.
Growing Dividend: XE3's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Ithaca Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (XE3) | 28.0% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Oil and Gas) | 2.5% |
| Analyst forecast (XE3) (up to 3 years) | 19.6% |
Notable Dividend: XE3's dividend (28.02%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: XE3's dividend (28.02%) is in the top 25% of dividend payers in the German market (4.78%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.2%), XE3's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.9%), XE3's dividend payments are covered by cash flows.