Chord Energy Dividend
Dividend criteria checks 3/6
Chord Energy is a dividend paying company with a current yield of 5.62% that is well covered by earnings. Next payment date is on 5th June, 2024 with an ex-dividend date of 21st May, 2024.
Key information
5.6%
Dividend yield
45%
Payout ratio
| Industry average yield | 15.6% |
| Next dividend pay date | 05 Jun 24 |
| Ex dividend date | 21 May 24 |
| Dividend per share | n/a |
| Earnings per share | Mex$22.13 |
| Dividend yield forecast in 3Y | 8.2% |
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CHRD * has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CHRD *'s dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Chord Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CHRD *) | 5.6% |
| Market Bottom 25% (MX) | 2.2% |
| Market Top 25% (MX) | 6.4% |
| Industry Average (Oil and Gas) | 15.6% |
| Analyst forecast in 3 Years (CHRD *) | 8.2% |
Notable Dividend: CHRD *'s dividend (5.62%) is higher than the bottom 25% of dividend payers in the MX market (2.22%).
High Dividend: CHRD *'s dividend (5.62%) is low compared to the top 25% of dividend payers in the MX market (6.38%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.2%), CHRD *'s dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.2%), CHRD *'s dividend payments are covered by cash flows.