Africa Oil Dividend
Dividend criteria checks 2/6
Africa Oil is a dividend paying company with a current yield of 2.83% that is well covered by earnings.
Key information
2.8%
Dividend yield
27%
Payout ratio
Industry average yield | 4.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.19 |
Dividend yield forecast in 3Y | 3.0% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, AOIF.F has been paying a dividend for less than 10 years.
Growing Dividend: AOIF.F has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
Africa Oil Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (AOIF.F) | 2.8% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Oil and Gas) | 4.0% |
Analyst forecast in 3 Years (AOIF.F) | 3.0% |
Notable Dividend: AOIF.F's dividend (2.83%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: AOIF.F's dividend (2.83%) is low compared to the top 25% of dividend payers in the US market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.5%), AOIF.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: AOIF.F is paying a dividend but the company has no free cash flows.