Etablissements Maurel & Prom is a dividend paying company with a current yield of 3.71% that is well covered by earnings. Next payment date is on 5th July, 2024 with an ex-dividend date of 3rd July, 2024.
Key information
3.7%
Dividend yield
24%
Payout ratio
Industry average yield
3.3%
Next dividend pay date
05 Jul 24
Ex dividend date
03 Jul 24
Dividend per share
n/a
Earnings per share
€1.06
Dividend yield forecast in 3Y
4.5%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ETX's dividend payments have been volatile in the past 10 years.
Growing Dividend: ETX's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Etablissements Maurel & Prom Dividend Yield vs Market
How does ETX dividend yield compare to the market?
Segment
Dividend Yield
Company (ETX)
3.7%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.8%
Industry Average (Oil and Gas)
3.3%
Analyst forecast in 3 Years (ETX)
4.5%
Notable Dividend: ETX's dividend (3.71%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: ETX's dividend (3.71%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24%), ETX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.9%), ETX's dividend payments are well covered by cash flows.