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Surge Energy Inc. Dividends

SGY.TO Stock Analysis

Page title

Section title

Dividend Yield
8.59%
Payout Ratio
29.63%
Dividend Amount Per Share
$0.48
Last Ex-Dividend Date
Aug 30, 2024

SGY.TO Dividend Safety

SGY.TO paid out 29.63% of its $16M earnings as dividends over the last 12 months.

Very Safe

  1. Very Unsafe

  2. Unsafe

  3. Somewhat Safe

  4. Safe

  5. Very Safe

Dividend Payout Ratio

SGY.TO's Dividend Payout Ratio of 29.63% is considered safe for the Energy sector, indicating that the company retains enough earnings to support business growth.

Interest Rate Coverage

SGY.TO's Interest Coverage Ratio of 2.822 indicates strong financial health with easy coverage of interest expenses.

Income Quality

SGY.TO shows excellent income quality with a ratio of 16.897. This indicates high-quality earnings and low risk of dividend cuts.

SGY.TO Dividend Growth

Surge Energy Inc.(SGY.TO) offers a dividend yield of 8.59% and pays $0.48 in dividends per share. Explore the historical dividend growth of SGY.TO.

Dividend Stability

SGY.TO has shown inconsistent dividend payments over the past 10 years with 3 cuts over 5%.

Dividend Growth

SGY.TO's dividend payments have increased by 327.828% annually over the last 5 years.

Earnings Growth

SGY.TO's earnings have grown by 21.985% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.

SGY.TO Dividend Yield Attractiveness

Surge Energy Inc.(SGY.TO) provides a dividend yield of 8.59%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.

Yield %

Industry

Sector

Peers

SGY.TO

5.52%

5.72%

7.42%

8.59%

Dividend Yield

SGY.TO's dividend yield of 8.59% is considered good compared to the sector average of 5.715%, providing a strong safety margin for investors.

SGY.TO Cash Flow

Over the past 12 months, SGY.TO generated $570M in revenue, produced $93M in free cash flow, and distributed $48M in dividends.

100%75%50%25%0%

Free Cash Flow Growth

SGY.TO's free cash flow has grown by 21.812% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.

SGY.TO Free Cash Flow and Dividends Paid

This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Surge Energy Inc.. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.

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