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Sprague Resources Dividend
Dividend criteria checks 2/6
Key information
8.7%
Dividend yield
-46%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | -US$3.79 |
| Dividend yield forecast in 3Y | 8.7% |
Recent dividend updates
Recent updates
Sprague Resources declares $0.4338 dividend
Oct 17Sprague Resources declares $0.4338 dividend
Jul 25Sprague Resources: The Worst Is Still Coming
May 12Sprague Resources: Liquidity Crisis Amplifying With A Terrible First Quarter Inbound, Time To Sell
Mar 07Sprague Resources: Impending Liquidity Crisis, Distributions Could Be Suspended
Jan 02Sprague Resources: 12.1% Yield But Risks Abound
Nov 30Sprague Resources: Distribution Cut Less Than Expected
Oct 26Double-Digit Dividends: 12.46%-Yielding Sprague Resources Looks Expensive
Oct 20Sprague Resources: Distributions Cut As Warned, Brace For A Near Wipeout
Aug 06Sprague Resources: Distribution Still Risky Despite Good Fortunes
Dec 09Sprague Resources EPS beats by $0.72, beats on revenue
Nov 05Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SRLP has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SRLP's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Sprague Resources Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SRLP) | 8.7% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.9% |
| Industry Average (Oil and Gas) | 3.9% |
| Analyst forecast in 3 Years (SRLP) | 8.7% |
Notable Dividend: SRLP's dividend (8.68%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: SRLP's dividend (8.68%) is in the top 25% of dividend payers in the US market (4.36%)
Earnings Payout to Shareholders
Earnings Coverage: SRLP is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (127.9%), SRLP's dividend payments are not well covered by cash flows.