Coterra Energy Dividends and Buybacks
Dividend criteria checks 4/6
Coterra Energy is a dividend paying company with a current yield of 3.04% that is well covered by earnings. Next payment date is on 27th November, 2024 with an ex-dividend date of 14th November, 2024.
Key information
3.0%
Dividend yield
2.1%
Buyback Yield
| Total Shareholder Yield | 5.1% |
| Future Dividend Yield | 3.9% |
| Dividend Growth | 22.5% |
| Next dividend pay date | 27 Nov 24 |
| Ex dividend date | 14 Nov 24 |
| Dividend per share | Mex$16.863 |
| Payout ratio | 50% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CTRA *'s dividend payments have been volatile in the past 10 years.
Growing Dividend: CTRA *'s dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Coterra Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CTRA *) | 3.0% |
| Market Bottom 25% (MX) | 2.6% |
| Market Top 25% (MX) | 7.1% |
| Industry Average (Oil and Gas) | 14.2% |
| Analyst forecast (CTRA *) (up to 3 years) | 3.9% |
Notable Dividend: CTRA *'s dividend (3.04%) is higher than the bottom 25% of dividend payers in the MX market (2.63%).
High Dividend: CTRA *'s dividend (3.04%) is low compared to the top 25% of dividend payers in the MX market (7.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50%), CTRA *'s dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55%), CTRA *'s dividend payments are covered by cash flows.