Petrus Resources Dividend
Dividend criteria checks 3/6
Petrus Resources is a dividend paying company with a current yield of 8.89% that is well covered by earnings.
Key information
8.9%
Dividend yield
13%
Payout ratio
Industry average yield | 4.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | US$0.0874 |
Earnings per share | US$0.23 |
Dividend yield forecast in 3Y | 8.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether PTRU.F's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if PTRU.F's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Petrus Resources Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PTRU.F) | 8.9% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.4% |
Industry Average (Oil and Gas) | 4.0% |
Analyst forecast in 3 Years (PTRU.F) | 8.9% |
Notable Dividend: PTRU.F's dividend (8.89%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: PTRU.F's dividend (8.89%) is in the top 25% of dividend payers in the US market (4.4%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.2%), PTRU.F's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (152.3%), PTRU.F's dividend payments are not well covered by cash flows.