Geo Energy Resources Dividend
Dividend criteria checks 3/6
Geo Energy Resources is a dividend paying company with a current yield of 6.71% that is well covered by earnings. Next payment date is on 17th May, 2024 with an ex-dividend date of 9th May, 2024.
Key information
6.7%
Dividend yield
34%
Payout ratio
| Industry average yield | 5.5% |
| Next dividend pay date | 17 May 24 |
| Ex dividend date | 09 May 24 |
| Dividend per share | n/a |
| Earnings per share | S$0.044 |
| Dividend yield forecast in 3Y | 39.2% |
Recent dividend updates
Recent updates
Here's Why We Think Geo Energy Resources (SGX:RE4) Is Well Worth Watching
Apr 29
Here's Why We Think Geo Energy Resources (SGX:RE4) Is Well Worth Watching
Jan 26Should You Be Adding Geo Energy Resources (SGX:RE4) To Your Watchlist Today?
Sep 28We Think Geo Energy Resources (SGX:RE4) Can Stay On Top Of Its Debt
Jul 29Here's Why Geo Energy Resources (SGX:RE4) Can Manage Its Debt Responsibly
Mar 23Geo Energy Resources (SGX:RE4) Has Compensated Shareholders With A Respectable 77% Return On Their Investment
Feb 17What You Need To Know About Geo Energy Resources Limited's (SGX:RE4) Investor Composition
Jan 20Here's Why We Don't Think Geo Energy Resources's (SGX:RE4) Statutory Earnings Reflect Its Underlying Earnings Potential
Dec 24Is Geo Energy Resources (SGX:RE4) Weighed On By Its Debt Load?
Nov 25Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RE4 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: RE4's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Geo Energy Resources Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RE4) | 6.7% |
| Market Bottom 25% (SG) | 2.7% |
| Market Top 25% (SG) | 6.2% |
| Industry Average (Oil and Gas) | 5.5% |
| Analyst forecast in 3 Years (RE4) | 39.2% |
Notable Dividend: RE4's dividend (6.71%) is higher than the bottom 25% of dividend payers in the SG market (2.7%).
High Dividend: RE4's dividend (6.71%) is in the top 25% of dividend payers in the SG market (6.19%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.1%), RE4's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: RE4 is paying a dividend but the company has no free cash flows.