Tamarack Valley Energy Dividend
Dividend criteria checks 2/6
Tamarack Valley Energy is a dividend paying company with a current yield of 3.91%.
Key information
3.9%
Dividend yield
141%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.11 |
Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 9TA1 has been paying a dividend for less than 10 years.
Growing Dividend: 9TA1's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Tamarack Valley Energy Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (9TA1) | 3.9% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.6% |
Industry Average (Oil and Gas) | 3.0% |
Analyst forecast in 3 Years (9TA1) | 3.9% |
Notable Dividend: 9TA1's dividend (3.91%) is higher than the bottom 25% of dividend payers in the German market (1.66%).
High Dividend: 9TA1's dividend (3.91%) is low compared to the top 25% of dividend payers in the German market (4.59%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (141.4%), 9TA1's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34%), 9TA1's dividend payments are well covered by cash flows.