Frontera Energy is a dividend paying company with a current yield of 2.75% that is well covered by earnings. Next payment date is on 17th July, 2024 with an ex-dividend date of 3rd July, 2024.
Key information
2.8%
Dividend yield
2%
Payout ratio
Industry average yield
16.0%
Next dividend pay date
17 Jul 24
Ex dividend date
03 Jul 24
Dividend per share
n/a
Earnings per share
Mex$2.32
Dividend yield forecast in 3Y
2.8%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FEC N has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: FEC N has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
Frontera Energy Dividend Yield vs Market
How does FEC N dividend yield compare to the market?
Segment
Dividend Yield
Company (FEC N)
2.8%
Market Bottom 25% (MX)
2.2%
Market Top 25% (MX)
6.5%
Industry Average (Oil and Gas)
16.0%
Analyst forecast in 3 Years (FEC N)
2.8%
Notable Dividend: FEC N's dividend (2.75%) is higher than the bottom 25% of dividend payers in the MX market (2.17%).
High Dividend: FEC N's dividend (2.75%) is low compared to the top 25% of dividend payers in the MX market (6.5%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (2%), FEC N's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.3%), FEC N's dividend payments are thoroughly covered by cash flows.