Africa Oil Dividend
Dividend criteria checks 2/6
Africa Oil is a dividend paying company with a current yield of 2.72% that is well covered by earnings.
Key information
2.7%
Dividend yield
27%
Payout ratio
Industry average yield | 6.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | kr0.19 |
Dividend yield forecast in 3Y | 2.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, AOI has been paying a dividend for less than 10 years.
Growing Dividend: AOI has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
Africa Oil Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (AOI) | 2.7% |
Market Bottom 25% (SE) | 1.6% |
Market Top 25% (SE) | 4.4% |
Industry Average (Oil and Gas) | 6.0% |
Analyst forecast in 3 Years (AOI) | 2.9% |
Notable Dividend: AOI's dividend (2.72%) is higher than the bottom 25% of dividend payers in the Swedish market (1.57%).
High Dividend: AOI's dividend (2.72%) is low compared to the top 25% of dividend payers in the Swedish market (4.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.5%), AOI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: AOI is paying a dividend but the company has no free cash flows.