Hemisphere Energy is a dividend paying company with a current yield of 8.51% that is well covered by earnings. Next payment date is on 27th December, 2024 with an ex-dividend date of 13th December, 2024.
Key information
8.5%
Dividend yield
2.7%
Buyback Yield
Total Shareholder Yield
11.2%
Future Dividend Yield
5.3%
Dividend Growth
7.9%
Next dividend pay date
27 Dec 24
Ex dividend date
13 Dec 24
Dividend per share
US$0.118
Payout ratio
33%
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, HMEN.F has been paying a dividend for less than 10 years.
Growing Dividend: HMEN.F's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Hemisphere Energy Dividend Yield vs Market
How does HMEN.F dividend yield compare to the market?
Segment
Dividend Yield
Company (HMEN.F)
8.5%
Market Bottom 25% (US)
1.3%
Market Top 25% (US)
4.2%
Industry Average (Oil and Gas)
3.8%
Analyst forecast (HMEN.F) (up to 3 years)
5.3%
Notable Dividend: HMEN.F's dividend (8.51%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: HMEN.F's dividend (8.51%) is in the top 25% of dividend payers in the US market (4.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.4%), HMEN.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.6%), HMEN.F's dividend payments are covered by cash flows.