Pharos Energy Dividend
Dividend criteria checks 2/6
Pharos Energy is a dividend paying company with a current yield of 4.62%. Next payment date is on 19th July, 2024 with an ex-dividend date of 13th June, 2024.
Key information
4.6%
Dividend yield
-12%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | 19 Jul 24 |
| Ex dividend date | 13 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | -€0.12 |
| Dividend yield forecast in 3Y | 3.4% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OCS1 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: OCS1 has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Pharos Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (OCS1) | 4.6% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Oil and Gas) | 3.3% |
| Analyst forecast in 3 Years (OCS1) | 3.4% |
Notable Dividend: OCS1's dividend (4.62%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: OCS1's dividend (4.62%) is low compared to the top 25% of dividend payers in the German market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: OCS1 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.5%), OCS1's dividend payments are well covered by cash flows.