Trinity Exploration & Production Dividend
Dividend criteria checks 2/6
Trinity Exploration & Production is a dividend paying company with a current yield of 2.47% that is well covered by earnings.
Key information
2.5%
Dividend yield
21%
Payout ratio
| Industry average yield | 4.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | UK£0.031 |
| Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
Recent updates
Returns Are Gaining Momentum At Trinity Exploration & Production (LON:TRIN)
Mar 01
Not Many Are Piling Into Trinity Exploration & Production plc (LON:TRIN) Stock Yet As It Plummets 26%
Dec 26Trinity Exploration & Production (LON:TRIN) Is Looking To Continue Growing Its Returns On Capital
Nov 21Trinity Exploration & Production (LON:TRIN) Has A Somewhat Strained Balance Sheet
Oct 11There's Been No Shortage Of Growth Recently For Trinity Exploration & Production's (LON:TRIN) Returns On Capital
Aug 08Returns At Trinity Exploration & Production (LON:TRIN) Are On The Way Up
Jan 21Here's Why We Think Trinity Exploration & Production (LON:TRIN) Might Deserve Your Attention Today
Oct 08Trinity Exploration & Production's (LON:TRIN) Solid Profits Have Weak Fundamentals
Jun 03Is Trinity Exploration & Production (LON:TRIN) Using Too Much Debt?
May 28Is Trinity Exploration & Production (LON:TRIN) A Risky Investment?
Dec 08Returns Are Gaining Momentum At Trinity Exploration & Production (LON:TRIN)
Oct 19Is Trinity Exploration & Production (LON:TRIN) Using Too Much Debt?
Jun 22Returns At Trinity Exploration & Production (LON:TRIN) Are On The Way Up
May 21Did You Miss Trinity Exploration & Production's (LON:TRIN) Impressive 138% Share Price Gain?
Dec 24
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether TRIN's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if TRIN's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Trinity Exploration & Production Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TRIN) | 2.5% |
| Market Bottom 25% (GB) | 2.2% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (Oil and Gas) | 4.2% |
| Analyst forecast in 3 Years (TRIN) | 3.9% |
Notable Dividend: TRIN's dividend (2.47%) is higher than the bottom 25% of dividend payers in the UK market (2.16%).
High Dividend: TRIN's dividend (2.47%) is low compared to the top 25% of dividend payers in the UK market (5.87%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.5%), TRIN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate TRIN's cash payout ratio to determine if its dividend payments are covered by cash flows.