Peyto Exploration & Development Dividend
Dividend criteria checks 4/6
Peyto Exploration & Development is a dividend paying company with a current yield of 8.34% that is well covered by earnings. Next payment date is on 15th May, 2024 with an ex-dividend date of 29th April, 2024.
Key information
8.3%
Dividend yield
81%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | 15 May 24 |
Ex dividend date | 29 Apr 24 |
Dividend per share | n/a |
Earnings per share | US$1.50 |
Dividend yield forecast in 3Y | 8.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PEYU.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: PEYU.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Peyto Exploration & Development Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PEYU.F) | 8.3% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.8% |
Industry Average (Oil and Gas) | 3.9% |
Analyst forecast in 3 Years (PEYU.F) | 8.3% |
Notable Dividend: PEYU.F's dividend (8.34%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: PEYU.F's dividend (8.34%) is in the top 25% of dividend payers in the US market (4.78%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.7%), PEYU.F's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (109.8%), PEYU.F's dividend payments are not well covered by cash flows.