Gulf Energy Development Dividend
Dividend criteria checks 1/6
Gulf Energy Development is a dividend paying company with a current yield of 1.49% that is well covered by earnings.
Key information
1.5%
Dividend yield
63%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | S$0.0328 |
| Earnings per share | S$1.39 |
| Dividend yield forecast | 2.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, TGED has been paying a dividend for less than 10 years.
Growing Dividend: TGED's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Gulf Energy Development Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TGED) | 1.5% |
| Market Bottom 25% (SG) | 2.7% |
| Market Top 25% (SG) | 5.9% |
| Industry Average (Renewable Energy) | 2.1% |
| Analyst forecast (TGED) (up to 3 years) | 2.0% |
Notable Dividend: TGED's dividend (1.49%) isn’t notable compared to the bottom 25% of dividend payers in the SG market (2.7%).
High Dividend: TGED's dividend (1.49%) is low compared to the top 25% of dividend payers in the SG market (5.89%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.1%), TGED's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TGED is paying a dividend but the company has no free cash flows.