Pharos Energy Dividend
Dividend criteria checks 2/6
Pharos Energy is a dividend paying company with a current yield of 4.76%. Next payment date is on 19th July, 2024 with an ex-dividend date of 13th June, 2024.
Key information
4.8%
Dividend yield
-12%
Payout ratio
| Industry average yield | 4.3% |
| Next dividend pay date | 19 Jul 24 |
| Ex dividend date | 13 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | -UK£0.12 |
| Dividend yield forecast in 3Y | 3.5% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PHARL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PHARL 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 (PHARL) | 4.8% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Oil and Gas) | 4.3% |
| Analyst forecast in 3 Years (PHARL) | 3.5% |
Notable Dividend: PHARL's dividend (4.76%) is higher than the bottom 25% of dividend payers in the UK market (2.13%).
High Dividend: PHARL's dividend (4.76%) is low compared to the top 25% of dividend payers in the UK market (5.87%).
Earnings Payout to Shareholders
Earnings Coverage: PHARL 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%), PHARL's dividend payments are well covered by cash flows.