Seplat Energy Dividend
Dividend criteria checks 5/6
Seplat Energy is a dividend paying company with a current yield of 7.24% that is well covered by earnings. Next payment date is on 14th June, 2024 with an ex-dividend date of 30th May, 2024.
Key information
7.2%
Dividend yield
85%
Payout ratio
| Industry average yield | 4.3% |
| Next dividend pay date | 14 Jun 24 |
| Ex dividend date | 30 May 24 |
| Dividend per share | n/a |
| Earnings per share | UK£0.044 |
| Dividend yield forecast in 3Y | 5.8% |
Recent dividend updates
Recent updates
These 4 Measures Indicate That Seplat Energy (LON:SEPL) Is Using Debt Extensively
Feb 09
Is Seplat Energy Plc (LON:SEPL) Trading At A 46% Discount?
Sep 15Seplat Energy (LON:SEPL) Has A Somewhat Strained Balance Sheet
Jul 08Is Seplat Energy (LON:SEPL) Using Too Much Debt?
Mar 04These 4 Measures Indicate That Seplat Energy (LON:SEPL) Is Using Debt Reasonably Well
Sep 24Here's Why Seplat Energy (LON:SEPL) Can Manage Its Debt Responsibly
Jun 16Forecast: Analysts Think Seplat Energy Plc's (LON:SEPL) Business Prospects Have Improved Drastically
Mar 23Does Seplat Energy (LON:SEPL) Have A Healthy Balance Sheet?
Feb 21Here's Why Seplat Petroleum Development (LON:SEPL) Has A Meaningful Debt Burden
Oct 30Seplat Petroleum Development (LON:SEPL) Has A Somewhat Strained Balance Sheet
Jul 02Are Investors Undervaluing Seplat Petroleum Development Company Plc (LON:SEPL) By 42%?
Mar 09What Type Of Shareholders Make Up Seplat Petroleum Development Company Plc's (LON:SEPL) Share Registry?
Feb 15Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SEPL's dividend payments have been volatile in the past 10 years.
Growing Dividend: SEPL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Seplat Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SEPL) | 7.2% |
| Market Bottom 25% (GB) | 2.2% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (Oil and Gas) | 4.3% |
| Analyst forecast in 3 Years (SEPL) | 5.8% |
Notable Dividend: SEPL's dividend (7.24%) is higher than the bottom 25% of dividend payers in the UK market (2.15%).
High Dividend: SEPL's dividend (7.24%) is in the top 25% of dividend payers in the UK market (5.88%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84.9%), SEPL's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66.9%), SEPL's dividend payments are covered by cash flows.