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Gear Energy Ltd. Stock Dividends Overview

GXE.TO pays dividends . Last paid amount was $0.0050 at May 31, 2024. As of today, dividend yield (TTM) is 8.86%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 8.86%
Frequency
1Y Growth -50.00%
Payout Ratio 0
Amount Per Share $0.0050
Gear Energy Ltd. has not yet announced its next dividend date. Last payment date was: May 31, 2024.

GXE Dividend Payout History

To ensure a understanding of GXE's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 14, 2024 Jun 14, 2024 Jun 28, 2024 $0.0050 0.725%
2 May 14, 2024 May 14, 2024 May 31, 2024 $0.0050 0.694%
3 Apr 12, 2024 Apr 12, 2024 Apr 30, 2024 $0.0050 0.685%
4 Mar 14, 2024 Mar 14, 2024 Mar 29, 2024 $0.0050 0.758%
5 Feb 14, 2024 Feb 14, 2024 Feb 29, 2024 $0.0050 0.769%
6 Jan 02, 2024 Jan 12, 2024 Jan 31, 2024 $0.0050 0.758%
7 Dec 01, 2023 Dec 14, 2023 Dec 29, 2023 $0.0050 0.781%
8 Nov 01, 2023 Nov 14, 2023 Nov 30, 2023 $0.0050 0.746%
9 Oct 02, 2023 Oct 13, 2023 Oct 31, 2023 $0.0050 0.610%
10 Sep 01, 2023 Sep 14, 2023 Sep 29, 2023 $0.0050 0.568%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

low (50.00%)

Growth potential

Decrease likely (31.71%)

GXE Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from GXE dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in GXE stock here.

Comparing GXE to Sector and Country

GXE.TO pays a solid dividend yield of 8.86%, which is higher than the average of the bottom 25% of dividend payers in the CA market (1.73%). GXE.TO’s dividend yield is lower than the average of the top 25% of dividend payers in the Energy sector in the CA market (9.47%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of GXE.TO's dividend payments?
The amount of GXE.TO's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in GXE.TO sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from GXE.TO stock be automatically reinvested?
If GXE.TO offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy GXE.TO stock.

How often does GXE.TO pay dividend?
Gear Energy Ltd. (GXE.TO) pays dividends . The most recent payout was on May 31, 2024.

How much does GXE.TO pays per share?
The last recorder (May 14, 2024) dividend per share was $0.0050.

What is GXE.TO dividend growth rate?
Over the last year, Gear Energy Ltd. has witnessed growth rate of -50.00% . Looking back over the past 3 years, this growth rate has been -20.63%. Furthermore, examining the past 5 years, Gear Energy Ltd. has maintained an average Dividends Per Share Growth Rate of -12.94%.
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About Gear Energy Ltd.

Gear Energy Ltd. Gear Energy Ltd., an exploration and production company, acquires, develops, and holds interests in petroleum and natural gas properties and assets in Canada. Its properties include the Celtic/Paradise Hill property located approximately 40 kilometers northeast of Lloydminster Alberta; the Wildmere field situated approximately 200 kilometers southeast of Edmonton, Alberta; the Wilson Creek property located in Central Alberta; and the Tableland pr... GXE.TO Profile

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