Serica Energy Dividend
Dividend criteria checks 2/6
Serica Energy is a dividend paying company with a current yield of 15.97%. Next payment date is on 21st November, 2024 with an ex-dividend date of 24th October, 2024.
Key information
16.0%
Dividend yield
100%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | 21 Nov 24 |
| Ex dividend date | 24 Oct 24 |
| Dividend per share | €0.230 |
| Earnings per share | €0.29 |
| Dividend yield forecast | 17.6% |
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (A3P) | 16.0% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Oil and Gas) | 2.5% |
| Analyst forecast (A3P) (up to 3 years) | 17.6% |
Notable Dividend: A3P's dividend (15.97%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: A3P's dividend (15.97%) is in the top 25% of dividend payers in the German market (4.72%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (99.8%), A3P's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: A3P is paying a dividend but the company has no free cash flows.