Mach Natural Resources Dividend
Dividend criteria checks 2/6
Mach Natural Resources is a dividend paying company with a current yield of 18.49%. Next payment date is on 10th June, 2024 with an ex-dividend date of 24th May, 2024.
Key information
18.5%
Dividend yield
132%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | 10 Jun 24 |
Ex dividend date | 24 May 24 |
Dividend per share | n/a |
Earnings per share | US$0.72 |
Dividend yield forecast in 3Y | 15.0% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether MNR's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if MNR's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Mach Natural Resources Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (MNR) | 18.5% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.6% |
Industry Average (Oil and Gas) | 3.9% |
Analyst forecast in 3 Years (MNR) | 15.0% |
Notable Dividend: MNR's dividend (18.49%) is higher than the bottom 25% of dividend payers in the US market (1.49%).
High Dividend: MNR's dividend (18.49%) is in the top 25% of dividend payers in the US market (4.6%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (131.6%), MNR's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MNR is paying a dividend but the company has no free cash flows.