Gulf Energy Development Dividend
Dividend criteria checks 2/6
Gulf Energy Development is a dividend paying company with a current yield of 1.72% that is well covered by earnings.
Key information
1.7%
Dividend yield
63%
Payout ratio
| Industry average yield | 3.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.0227 |
| Earnings per share | €1.39 |
| Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, QD4 has been paying a dividend for less than 10 years.
Growing Dividend: QD4's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Gulf Energy Development Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (QD4) | 1.7% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Renewable Energy) | 3.8% |
| Analyst forecast in 3 Years (QD4) | 2.4% |
Notable Dividend: QD4's dividend (1.72%) is higher than the bottom 25% of dividend payers in the German market (1.59%).
High Dividend: QD4's dividend (1.72%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.1%), QD4's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: QD4 is paying a dividend but the company has no free cash flows.