Union Jack Oil Dividend
Dividend criteria checks 2/6
Union Jack Oil is a dividend paying company with a current yield of 3.03% that is well covered by earnings.
Key information
2.9%
Dividend yield
69%
Payout ratio
| Industry average yield | 4.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | UK£0.005 |
| Earnings per share | UK£0.0081 |
| Dividend yield forecast | 0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether UJO's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if UJO's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Union Jack Oil Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (UJO) | 2.9% |
| Market Bottom 25% (GB) | 2.0% |
| Market Top 25% (GB) | 5.5% |
| Industry Average (Oil and Gas) | 4.6% |
| Analyst forecast (UJO) (up to 3 years) | 0% |
Notable Dividend: UJO's dividend (3.03%) is higher than the bottom 25% of dividend payers in the UK market (2%).
High Dividend: UJO's dividend (3.03%) is low compared to the top 25% of dividend payers in the UK market (5.46%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.3%), UJO's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: UJO is paying a dividend but the company has no free cash flows.