Subsea 7 Dividend
Dividend criteria checks 3/6
Subsea 7 is a dividend paying company with a current yield of 3.31%. Next payment date is on 14th May, 2024 with an ex-dividend date of 6th May, 2024.
Key information
3.3%
Dividend yield
287%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | 14 May 24 |
| Ex dividend date | 06 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$0.21 |
| Dividend yield forecast in 3Y | 3.7% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SUBC.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: SUBC.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Subsea 7 Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SUBC.Y) | 3.3% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Energy Services) | 2.1% |
| Analyst forecast in 3 Years (SUBC.Y) | 3.7% |
Notable Dividend: SUBC.Y's dividend (3.31%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: SUBC.Y's dividend (3.31%) is low compared to the top 25% of dividend payers in the US market (4.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (286.9%), SUBC.Y's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80.5%), SUBC.Y's dividend payments are covered by cash flows.