Geo Energy Resources is a dividend paying company with a current yield of 6.56% that is well covered by earnings. Next payment date is on 17th May, 2024 with an ex-dividend date of 9th May, 2024.
Key information
6.6%
Dividend yield
34%
Payout ratio
Industry average yield
3.3%
Next dividend pay date
17 May 24
Ex dividend date
09 May 24
Dividend per share
n/a
Earnings per share
€0.044
Dividend yield forecast in 3Y
38.3%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 7GE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 7GE's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Geo Energy Resources Dividend Yield vs Market
How does 7GE dividend yield compare to the market?
Segment
Dividend Yield
Company (7GE)
6.6%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.7%
Industry Average (Oil and Gas)
3.3%
Analyst forecast in 3 Years (7GE)
38.3%
Notable Dividend: 7GE's dividend (6.56%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: 7GE's dividend (6.56%) is in the top 25% of dividend payers in the German market (4.73%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.1%), 7GE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 7GE is paying a dividend but the company has no free cash flows.