Peyto Exploration & Development is a dividend paying company with a current yield of 8.79% that is well covered by earnings. Next payment date is on 15th May, 2024 with an ex-dividend date of 29th April, 2024.
Key information
8.8%
Dividend yield
81%
Payout ratio
Industry average yield
4.2%
Next dividend pay date
15 May 24
Ex dividend date
29 Apr 24
Dividend per share
n/a
Earnings per share
CA$1.50
Dividend yield forecast in 3Y
8.8%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0VCO's dividend payments have been volatile in the past 10 years.
Growing Dividend: 0VCO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Peyto Exploration & Development Dividend Yield vs Market
How does 0VCO dividend yield compare to the market?
Segment
Dividend Yield
Company (0VCO)
8.8%
Market Bottom 25% (GB)
2.2%
Market Top 25% (GB)
5.8%
Industry Average (Oil and Gas)
4.2%
Analyst forecast in 3 Years (0VCO)
8.8%
Notable Dividend: 0VCO's dividend (8.79%) is higher than the bottom 25% of dividend payers in the UK market (2.15%).
High Dividend: 0VCO's dividend (8.79%) is in the top 25% of dividend payers in the UK market (6.02%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.7%), 0VCO's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (109.8%), 0VCO's dividend payments are not well covered by cash flows.