Diversified Energy is a dividend paying company with a current yield of 8.74% that is well covered by earnings. Next payment date is on 27th September, 2024 with an ex-dividend date of 29th August, 2024.
Key information
8.7%
Dividend yield
18%
Payout ratio
Industry average yield
2.6%
Next dividend pay date
27 Sep 24
Ex dividend date
29 Aug 24
Dividend per share
n/a
Earnings per share
€16.02
Dividend yield forecast in 3Y
8.7%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DG20 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: DG20's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Diversified Energy Dividend Yield vs Market
How does DG20 dividend yield compare to the market?
Segment
Dividend Yield
Company (DG20)
8.7%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.7%
Industry Average (Oil and Gas)
2.6%
Analyst forecast in 3 Years (DG20)
8.7%
Notable Dividend: DG20's dividend (8.74%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: DG20's dividend (8.74%) is in the top 25% of dividend payers in the German market (4.68%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.1%), DG20's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (74.6%), DG20's dividend payments are covered by cash flows.