MEG Energy Dividends and Buybacks
Dividend criteria checks 2/6
MEG Energy is a dividend paying company with a current yield of 1.5% that is well covered by earnings. Next payment date is on 15th January, 2025 with an ex-dividend date of 16th December, 2024.
Key information
1.5%
Dividend yield
7.5%
Buyback Yield
| Total Shareholder Yield | 9.0% |
| Future Dividend Yield | 1.6% |
| Dividend Growth | n/a |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 16 Dec 24 |
| Dividend per share | €0.400 |
| Payout ratio | 5% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether ME7's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if ME7's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| MEG Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ME7) | 1.5% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Oil and Gas) | 2.8% |
| Analyst forecast (ME7) (up to 3 years) | 1.6% |
Notable Dividend: ME7's dividend (1.5%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: ME7's dividend (1.5%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (5.4%), ME7's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.7%), ME7's dividend payments are thoroughly covered by cash flows.