Oil and Gas Development Dividend
Dividend criteria checks 4/6
Oil and Gas Development is a dividend paying company with a current yield of 6.37% that is well covered by earnings.
Key information
6.4%
Dividend yield
15%
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 | US$58.80 |
Dividend yield forecast in 3Y | 14.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OGDC's dividend payments have been volatile in the past 10 years.
Growing Dividend: OGDC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Oil and Gas Development Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (OGDC) | 6.4% |
Market Bottom 25% (GB) | 2.2% |
Market Top 25% (GB) | 5.8% |
Industry Average (Oil and Gas) | 4.2% |
Analyst forecast in 3 Years (OGDC) | 14.4% |
Notable Dividend: OGDC's dividend (6.37%) is higher than the bottom 25% of dividend payers in the UK market (2.17%).
High Dividend: OGDC's dividend (6.37%) is in the top 25% of dividend payers in the UK market (5.78%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.7%), OGDC's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (177%), OGDC's dividend payments are not well covered by cash flows.