Gulf Keystone Petroleum Dividend
What is Gulf Keystone Petroleum current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
22.08%
Current Dividend Yield
Dividend Yield vs Market
Gulf Keystone Petroleum Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (GKP) | 22.1% |
Market Bottom 25% (GB) | 1.9% |
Market Top 25% (GB) | 5.4% |
Industry Average (Oil and Gas) | 5.8% |
Analyst forecast in 3 Years (GKP) | 16.3% |
Notable Dividend: GKP's dividend (22.46%) is higher than the bottom 25% of dividend payers in the UK market (1.91%).
High Dividend: GKP's dividend (22.46%) is in the top 25% of dividend payers in the UK market (5.47%)
Stability and Growth of Payments
Month | Dividend Per Share (annual) | Avg. Yield (%) |
---|---|---|
12/31/2024 | 0.4 | 3 |
12/31/2023 | 0.4 | 3 |
1/26/2023 | 0.54 | 22.08 |
7/14/2022 | 0.54 | 23.75 |
7/5/2022 | 0.6 | 21.63 |
1/24/2022 | 0.23 | 7.52 |
6/9/2021 | 0.12 | 4.61 |
9/3/2020 | - | 0 |
5/22/2020 | - | 0 |
4/23/2020 | - | 0 |
5/29/2019 | 0.22 | 10.46 |
3/28/2019 | 0.22 | 6.85 |
Stable Dividend: GKP has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GKP's dividend payments have increased, but the company has only paid a dividend for 4 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.8%), GKP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (50.1%), GKP's dividend payments are covered by cash flows.