Trinity Exploration & Production Dividend
Dividend criteria checks 2/6
Trinity Exploration & Production is a dividend paying company with a current yield of 2.67% that is well covered by earnings.
Key information
2.7%
Dividend yield
21%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.031 |
Dividend yield forecast in 3Y | 4.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether TRXE.F's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if TRXE.F's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Trinity Exploration & Production Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TRXE.F) | 2.7% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.8% |
Industry Average (Oil and Gas) | 3.9% |
Analyst forecast in 3 Years (TRXE.F) | 4.2% |
Notable Dividend: TRXE.F's dividend (2.67%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: TRXE.F's dividend (2.67%) is low compared to the top 25% of dividend payers in the US market (4.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.5%), TRXE.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate TRXE.F's cash payout ratio to determine if its dividend payments are covered by cash flows.