Oil and Gas Development Dividends and Buybacks
Dividend criteria checks 4/6
Oil and Gas Development is a dividend paying company with a current yield of 5.13% that is well covered by earnings.
Key information
5.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 7.7% |
| Dividend Growth | 4.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | PK₨10.100 |
| Payout ratio | 25% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OGDC's dividend payments have been volatile in the past 10 years.
Growing Dividend: OGDC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Oil and Gas Development Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (OGDC) | 5.1% |
| Market Bottom 25% (PK) | 3.2% |
| Market Top 25% (PK) | 9.8% |
| Industry Average (Oil and Gas) | 5.3% |
| Analyst forecast (OGDC) (up to 3 years) | 7.7% |
Notable Dividend: OGDC's dividend (5.13%) is higher than the bottom 25% of dividend payers in the PK market (3.18%).
High Dividend: OGDC's dividend (5.13%) is low compared to the top 25% of dividend payers in the PK market (9.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.6%), OGDC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (74.6%), OGDC's dividend payments are covered by cash flows.