Gear Energy Dividends
| GXE Stock | CAD 0.54 0.01 1.89% |
At this time, Gear Energy's Dividend Payout Ratio is very stable compared to the past year. As of the 30th of November 2024, Dividend Paid And Capex Coverage Ratio is likely to grow to 0.98, while Dividends Paid is likely to drop about 21.4 M. Gear Energy's past performance could be the main factor of why investors trade Gear Energy stock today. Investors should clearly understand every aspect of the Gear Energy dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Gear Energy's dividend schedule and payout information. Gear Energy dividends can also provide a clue to the current valuation of Gear Energy.
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 24.9 M | 21.4 M | |
| Dividend Yield | 0.15 | 0.09 | |
| Dividend Payout Ratio | 2.89 | 3.04 | |
| Dividend Paid And Capex Coverage Ratio | 0.87 | 0.98 |
Gear |
Investing in dividend-paying stocks, such as Gear Energy is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Gear Energy must own a stock before its ex-dividend date to receive its next dividend.
Gear Energy Expected Dividend Income Per Share
Dividend payment represents part of Gear Energy's profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Gear Energy. Gear Energy's board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$0.04 Bottom Scenario | C$0.05 | $0.06 Top Scenario |
One Year
Gear Energy expected dividend income per share adjusted for ongoing price standard deviation