Conoil Dividend
Dividend criteria checks 3/6
Conoil is a dividend paying company with a current yield of 2.57% that is well covered by earnings.
Key information
2.6%
Dividend yield
16%
Payout ratio
Industry average yield | 9.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₦13.87 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CONOIL's dividend payments have been volatile in the past 10 years.
Growing Dividend: CONOIL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Conoil Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CONOIL) | 2.6% |
Market Bottom 25% (NG) | 2.1% |
Market Top 25% (NG) | 6.6% |
Industry Average (Oil and Gas) | 9.9% |
Analyst forecast in 3 Years (CONOIL) | n/a |
Notable Dividend: CONOIL's dividend (2.57%) is higher than the bottom 25% of dividend payers in the NG market (2.08%).
High Dividend: CONOIL's dividend (2.57%) is low compared to the top 25% of dividend payers in the NG market (6.44%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.2%), CONOIL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CONOIL is paying a dividend but the company has no free cash flows.