Africa Oil Dividend
Dividend criteria checks 2/6
Africa Oil is a dividend paying company with a current yield of 2.67% that is well covered by earnings.
Key information
2.7%
Dividend yield
27%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.19 |
Dividend yield forecast in 3Y | 2.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, AFZ has been paying a dividend for less than 10 years.
Growing Dividend: AFZ has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
Africa Oil Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (AFZ) | 2.7% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Oil and Gas) | 3.3% |
Analyst forecast in 3 Years (AFZ) | 2.8% |
Notable Dividend: AFZ's dividend (2.67%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: AFZ's dividend (2.67%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.5%), AFZ's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: AFZ is paying a dividend but the company has no free cash flows.