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Tethys Oil Dividends and Buybacks
Dividend criteria checks 3/6
Tethys Oil is a dividend paying company with a current yield of 9.87% that is well covered by earnings.
Key information
9.9%
Dividend yield
2.4%
Buyback Yield
| Total Shareholder Yield | 12.3% |
| Future Dividend Yield | 10.7% |
| Dividend Growth | 17.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 11% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TETY IL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TETY IL's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Tethys Oil Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TETY IL) | 9.9% |
| Market Bottom 25% (SE) | 1.6% |
| Market Top 25% (SE) | 4.9% |
| Industry Average (Oil and Gas) | 7.0% |
| Analyst forecast (TETY IL) (up to 3 years) | 10.7% |
Notable Dividend: TETY IL's dividend (9.87%) is higher than the bottom 25% of dividend payers in the Swedish market (1.55%).
High Dividend: TETY IL's dividend (9.87%) is in the top 25% of dividend payers in the Swedish market (4.49%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11%), TETY IL's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (131.8%), TETY IL's dividend payments are not well covered by cash flows.