Serica Energy is a dividend paying company with a current yield of 11.42% that is well covered by earnings. Next payment date is on 24th July, 2024 with an ex-dividend date of 27th June, 2024.
Key information
12.4%
Dividend yield
81%
Payout ratio
Industry average yield
3.2%
Next dividend pay date
24 Jul 24
Ex dividend date
27 Jun 24
Dividend per share
n/a
Earnings per share
€0.26
Dividend yield forecast in 3Y
13.6%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: A3P has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: A3P's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Serica Energy Dividend Yield vs Market
How does A3P dividend yield compare to the market?
Segment
Dividend Yield
Company (A3P)
12.4%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.7%
Industry Average (Oil and Gas)
3.2%
Analyst forecast in 3 Years (A3P)
13.6%
Notable Dividend: A3P's dividend (11.42%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: A3P's dividend (11.42%) is in the top 25% of dividend payers in the German market (4.77%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.5%), A3P's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (457.7%), A3P's dividend payments are not well covered by cash flows.