Investors eagerly anticipate the dividend payout from Canacol Energy CNE on January 15, 2024. With a payout of $0.26 per share and an annualized dividend yield of 16.38%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on December 28, 2023
Canacol Energy Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-12-28 | 4 | $0.26 | 16.38% | 2023-12-20 | 2023-12-29 | 2024-01-15 |
| 2023-09-28 | 4 | $0.26 | 9.12% | 2023-09-14 | 2023-09-29 | 2023-10-26 |
| 2023-06-29 | 4 | $0.26 | 9.02% | 2023-06-20 | 2023-06-30 | 2023-07-17 |
| 2023-03-30 | 4 | $0.26 | 10.17% | 2023-03-16 | 2023-03-31 | 2023-04-17 |
| 2022-12-28 | 4 | $0.05 | 10.51% | 2022-12-14 | 2022-12-29 | 2023-01-16 |
| 2022-09-29 | 4 | $0.05 | 9.12% | 2022-09-19 | 2022-09-30 | 2022-10-17 |
| 2022-06-29 | 4 | $0.05 | 7.76% | 2022-06-20 | 2022-06-30 | 2022-07-15 |
| 2022-03-30 | 4 | $0.05 | 0.39% | 2022-03-17 | 2022-03-31 | 2022-04-19 |
| 2021-12-29 | 4 | $0.05 | 6.56% | 2021-12-14 | 2021-12-30 | 2022-01-17 |
| 2021-09-28 | 4 | $0.05 | 6.25% | 2021-09-16 | 2021-09-30 | 2021-10-15 |
| 2021-06-29 | 4 | $0.05 | 6.32% | 2021-06-21 | 2021-06-30 | 2021-07-15 |
| 2021-03-30 | 4 | $0.05 | 5.76% | 2021-03-19 | 2021-03-31 | 2021-04-15 |
Analyzing Canacol Energy Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
As you can see, from 2020 to 2023, investors saw an average increase in the company's dividend per share, rising from $0.21 in 2020 to $1.04 in 2023. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.
YoY Earnings Growth For Canacol Energy
From 2020 to 2023, Canacol Energy experienced a growth in earnings per share, with an increase from $0.55 to $5.56. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
Recap
This article delves into the recent dividend payout of Canacol Energy and its implications for shareholders. Presently, the company is distributing a dividend of $0.26 per share, leading to an annualized dividend yield of 16.38%.
Given that Canacol Energy has experienced an increase in dividend per share from 2020 to 2023 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.
It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.
[See current stock movements Canacol Energy on Benzinga.](https://www.benzinga.com/quote/Canacol Energy (TSX:CNE))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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