Chesapeake Granite Wash Trust Dividend
What is Chesapeake Granite Wash Trust current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
16.42%
Current Dividend Yield
Dividend Yield vs Market
| Chesapeake Granite Wash Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CHKR) | 16.4% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Oil and Gas) | 4.2% |
| Analyst forecast in 3 Years (CHKR) | n/a |
Notable Dividend: CHKR's dividend (16.42%) is higher than the bottom 25% of dividend payers in the US market (1.5%).
High Dividend: CHKR's dividend (16.42%) is in the top 25% of dividend payers in the US market (4.29%)
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/28/2023 | 0.2 | 16.42 |
| 2/3/2022 | 0.2 | 16.93 |
| 2/2/2021 | 0.042 | 8.38 |
| 2/5/2020 | 0.14 | 47.67 |
| 2/4/2019 | 0.23 | 27.66 |
| 2/6/2018 | 0.35 | 22.5 |
| 3/30/2017 | 0.29 | 13.08 |
| 5/6/2016 | 0.16 | 7.05 |
| 2/4/2016 | 0.88 | 30.77 |
| 11/5/2015 | 1.29 | 38.98 |
| 8/6/2015 | 1.43 | 27.45 |
| 5/7/2015 | 1.56 | 22.33 |
| 3/12/2015 | 1.8 | 24.55 |
| 3/14/2014 | 2.71 | 30.68 |
| 3/15/2013 | 2.57 | 19.42 |
| 11/7/2012 | 2.52 | 14.09 |
| 8/10/2012 | 2.44 | 11.71 |
| 5/10/2012 | 2.64 | 12.9 |
| 3/30/2012 | 1.46 | 5.94 |
Stable Dividend: CHKR's dividend payments have been volatile in the past 10 years.
Growing Dividend: CHKR's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (108.8%), CHKR's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate cash payout ratio to determine if its dividend payments are covered by cash flows.