GOIL Dividend
Dividend criteria checks 3/6
GOIL is a dividend paying company with a current yield of 3.73% that is well covered by earnings.
Key information
3.7%
Dividend yield
40%
Payout ratio
Industry average yield | 9.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | GH₵0.056 |
Earnings per share | GH₵0.14 |
Dividend yield forecast in 3Y | 3.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GOIL's dividends per share have been stable in the past 10 years.
Growing Dividend: GOIL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
GOIL Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (GOIL) | 3.7% |
Market Bottom 25% (GH) | 4.2% |
Market Top 25% (GH) | 9.6% |
Industry Average (Oil and Gas) | 9.8% |
Analyst forecast in 3 Years (GOIL) | 3.7% |
Notable Dividend: GOIL's dividend (3.73%) isn’t notable compared to the bottom 25% of dividend payers in the GH market (4.2%).
High Dividend: GOIL's dividend (3.73%) is low compared to the top 25% of dividend payers in the GH market (9.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.1%), GOIL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: GOIL is paying a dividend but the company has no free cash flows.