Avance Gas Holding Dividend

What is Avance Gas Holding current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


9.44%

Current Dividend Yield

Dividend Yield vs Market

Avance Gas Holding Dividend Yield vs Market
How does AGAS dividend yield compare to the market?
SegmentDividend Yield
Company (AGAS)9.4%
Market Bottom 25% (NO)3.7%
Market Top 25% (NO)7.8%
Industry Average (Oil and Gas)6.4%
Analyst forecast in 3 Years (AGAS)10.0%

Notable Dividend: AGAS's dividend (9.44%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.67%).

High Dividend: AGAS's dividend (9.44%) is in the top 25% of dividend payers in the Norwegian market (7.76%)


Stability and Growth of Payments

Stable Dividend: AGAS has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: AGAS has only been paying a dividend for 8 years, and since then payments have fallen.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (69.9%), AGAS's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: AGAS is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies