Petrus Resources Dividends and Buybacks
Dividend criteria checks 3/6
Petrus Resources is a dividend paying company with a current yield of 8.39% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 15th November, 2024.
Key information
8.4%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 8.5% |
| Future Dividend Yield | 8.4% |
| Dividend Growth | -9.7% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | €0.0795 |
| Payout ratio | 26% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 6P4's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 6P4's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Petrus Resources Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6P4) | 8.4% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Oil and Gas) | 2.8% |
| Analyst forecast (6P4) (up to 3 years) | 8.4% |
Notable Dividend: 6P4's dividend (8.39%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: 6P4's dividend (8.39%) is in the top 25% of dividend payers in the German market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.3%), 6P4's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (112.6%), 6P4's dividend payments are not well covered by cash flows.