Africa Oil Dividend
Dividend criteria checks 2/6
Africa Oil is a dividend paying company with a current yield of 2.72% that is well covered by earnings.
Key information
2.7%
Dividend yield
27%
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 | kr0.19 |
Dividend yield forecast in 3Y | 2.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 0QVL has been paying a dividend for less than 10 years.
Growing Dividend: 0QVL has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
Africa Oil Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (0QVL) | 2.7% |
Market Bottom 25% (GB) | 2.2% |
Market Top 25% (GB) | 5.8% |
Industry Average (Oil and Gas) | 4.2% |
Analyst forecast in 3 Years (0QVL) | 2.9% |
Notable Dividend: 0QVL's dividend (2.72%) is higher than the bottom 25% of dividend payers in the UK market (2.17%).
High Dividend: 0QVL's dividend (2.72%) is low compared to the top 25% of dividend payers in the UK market (5.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.5%), 0QVL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 0QVL is paying a dividend but the company has no free cash flows.