Gear Energy Dividend
Dividend criteria checks 2/6
Gear Energy is a dividend paying company with a current yield of 8.45%.
Key information
8.5%
Dividend yield
290%
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$0.033 |
Dividend yield forecast in 3Y | 8.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, GENG.F has been paying a dividend for less than 10 years.
Growing Dividend: GENG.F's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Gear Energy Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (GENG.F) | 8.5% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Oil and Gas) | 4.0% |
Analyst forecast in 3 Years (GENG.F) | 8.5% |
Notable Dividend: GENG.F's dividend (8.45%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: GENG.F's dividend (8.45%) is in the top 25% of dividend payers in the US market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (289.6%), GENG.F's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (103.4%), GENG.F's dividend payments are not well covered by cash flows.