VAALCO Energy Dividend
Dividend criteria checks 3/6
VAALCO Energy is a dividend paying company with a current yield of 4.01% that is well covered by earnings.
Key information
4.0%
Dividend yield
41%
Payout ratio
Industry average yield | 4.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | UK£0.62 |
Dividend yield forecast in 3Y | 4.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, EGY has been paying a dividend for less than 10 years.
Growing Dividend: EGY's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
VAALCO Energy Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (EGY) | 4.0% |
Market Bottom 25% (GB) | 2.1% |
Market Top 25% (GB) | 5.7% |
Industry Average (Oil and Gas) | 4.3% |
Analyst forecast in 3 Years (EGY) | 4.3% |
Notable Dividend: EGY's dividend (4.01%) is higher than the bottom 25% of dividend payers in the UK market (2.06%).
High Dividend: EGY's dividend (4.01%) is low compared to the top 25% of dividend payers in the UK market (5.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.2%), EGY's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.1%), EGY's dividend payments are well covered by cash flows.