Gulf Keystone Petroleum Limited

LSE:GKP Stock Report

Mkt Cap: UK£420.6m

Gulf Keystone Petroleum Dividend

What is Gulf Keystone Petroleum current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend 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
How does GKP dividend yield compare to the market?
SegmentDividend 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

How stable has Gulf Keystone Petroleum's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20240.43
12/31/20230.43
1/26/20230.5422.08
7/14/20220.5423.75
7/5/20220.621.63
1/24/20220.237.52
6/9/20210.124.61
9/3/2020-0
5/22/2020-0
4/23/2020-0
5/29/20190.2210.46
3/28/20190.226.85

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.


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