Cool Dividends and Buybacks
Dividend criteria checks 4/6
Cool is a dividend paying company with a current yield of 7.22% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 2nd December, 2024.
Key information
7.2%
Dividend yield
-45.3%
Buyback Yield
| Total Shareholder Yield | -38.1% |
| Future Dividend Yield | 12.2% |
| Dividend Growth | -18.4% |
| Next dividend pay date | 09 Dec 24 |
| Ex dividend date | 02 Dec 24 |
| Dividend per share | US$0.600 |
| Payout ratio | 80% |
Recent dividend and buyback updates
Recent updates
Cool Company: My Favorite LNG Stock As An Income Generator
Oct 07Cool Company: Is The 13.7% Yield Post-Q2 Worth Grabbing?
Aug 31Cool Company: Keep Your Wallet Warm With A 14% Yield
Jul 06Cool Company: Quality Fleet, 73% PNAV, And 14.7% Yield; Rating Unchanged
Apr 09Cool Company: My Favorite LNG Play At An Attractive Price Of 68% P/NAV
Feb 16Cool Company: Value Investing In LNG Shipping Sector
Dec 19The Dividend Investor's Natural Gas Export Playbook - Part 4
Nov 03Cool Company: Rising LNG Demand Should Accelerate The Growth
Sep 16Cool Company: A Promising Stock In The Growing LNG Market
Jun 13Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CLCO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CLCO has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Cool Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CLCO) | 7.2% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Oil and Gas) | 3.8% |
| Analyst forecast (CLCO) (up to 3 years) | 12.2% |
Notable Dividend: CLCO's dividend (7.22%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: CLCO's dividend (7.22%) is in the top 25% of dividend payers in the US market (4.22%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.8%), CLCO's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.4%), CLCO's dividend payments are well covered by cash flows.