Mexco Energy Dividends and Buybacks
Dividend criteria checks 1/6
Mexco Energy is a dividend paying company with a current yield of 0.83%.
Key information
0.8%
Dividend yield
3.5%
Buyback Yield
| Total Shareholder Yield | 4.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.100 |
| Payout ratio | n/a |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether MXC's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if MXC's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Mexco Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MXC) | 0.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Oil and Gas) | 3.7% |
| Analyst forecast (MXC) (up to 3 years) | n/a |
Notable Dividend: MXC's dividend (0.83%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: MXC's dividend (0.83%) is low compared to the top 25% of dividend payers in the US market (4.26%).
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate MXC's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.7%), MXC's dividend payments are well covered by cash flows.