Paramount Resources Dividend
Dividend criteria checks 2/6
Paramount Resources is a dividend paying company with a current yield of 4.65% that is well covered by earnings.
Key information
4.7%
Dividend yield
46%
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 | €3.23 |
Dividend yield forecast in 3Y | 4.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, PQ51 has been paying a dividend for less than 10 years.
Growing Dividend: PQ51's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Paramount Resources Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (PQ51) | 4.7% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Oil and Gas) | 3.3% |
Analyst forecast in 3 Years (PQ51) | 4.7% |
Notable Dividend: PQ51's dividend (4.65%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: PQ51's dividend (4.65%) 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 (45.7%), PQ51's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (106%), PQ51's dividend payments are not well covered by cash flows.