Cohen Development Gas & Oil Dividend
Dividend criteria checks 3/6
Cohen Development Gas & Oil is a dividend paying company with a current yield of 10.33% that is well covered by earnings.
Key information
10.3%
Dividend yield
88%
Payout ratio
Industry average yield | 8.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₪3.43 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CDEV has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CDEV's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Cohen Development Gas & Oil Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CDEV) | 10.3% |
Market Bottom 25% (IL) | 2.4% |
Market Top 25% (IL) | 6.8% |
Industry Average (Oil and Gas) | 8.8% |
Analyst forecast in 3 Years (CDEV) | n/a |
Notable Dividend: CDEV's dividend (10.33%) is higher than the bottom 25% of dividend payers in the IL market (2.36%).
High Dividend: CDEV's dividend (10.33%) is in the top 25% of dividend payers in the IL market (6.84%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.1%), CDEV's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (103.6%), CDEV's dividend payments are not well covered by cash flows.