Vaalco Energy's latest quarterly cash dividend of $0.063 per share was issued to shareholders on record before May 16, 2024. The dividend distribution stands at $0.25 per share annually, which comes to a dividend yield of 3.43%.
EGY has a dividend yield of 3.43% which is lower than the Energy sector and the industry average. In comparison with the Energy sector average of 3.75%, Vaalco Energy's dividend yield is 9% lower.
Vaalco Energy has been paying dividends for the last two years. Our records show that EGY has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 32% since twelve months ago. However with the price of the stock up by 69% from a year ago, the dividend yield has a decrease of 22%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 16, 2024 | Jun 21, 2024 | May 7, 2024 | $0.063 | normal |
| Mar 7, 2024 | Mar 28, 2024 | Feb 26, 2024 | $0.063 | normal |
| Nov 22, 2023 | Dec 21, 2023 | Feb 14, 2023 | $0.063 | normal |
| Aug 24, 2023 | Sep 22, 2023 | Aug 9, 2023 | $0.063 | normal |
| May 23, 2023 | Jun 23, 2023 | May 9, 2023 | $0.063 | normal |
| Mar 23, 2023 | Mar 31, 2023 | Feb 14, 2023 | $0.063 | normal |
| Nov 21, 2022 | Dec 22, 2022 | Oct 31, 2022 | $0.033 | normal |
| Aug 23, 2022 | Sep 23, 2022 | Aug 5, 2022 | $0.033 | normal |
| May 24, 2022 | Jun 24, 2022 | May 2, 2022 | $0.033 | normal |
| Feb 17, 2022 | Mar 18, 2022 | Jan 28, 2022 | $0.033 | normal |
EGY has a payout ratio of 41.7% which is higher than the industry average but lower than the Energy sector average. In comparison with the Energy sector average of 49.5%, Vaalco Energy's payout ratio is 16% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| EGY Vaalco Energy Inc | 3.43% | $0.25 | 41.7% |
| CHK Chesapeake Energy Corp | 2.4% | $1.87 | 23.3% |
Yes, Vaalco Energy has been paying dividends for the last two years.
At this point we don't have a record of EGY's next dividend date, but based on the current dividend schedule we project that it will likely be in August 2024.
Vaalco Energy's last dividend ex-date was on May 16, 2024. The dividend amount was $0.063 per share.
EGY's annualized dividend per share is $0.25.
The current dividend yield of Vaalco Energy is 3.43%.
Vaalco Energy has a quarterly dividend frequency.
Vaalco Energy's dividend payout ratio is 41.7%.
Vaalco Energy's dividend yield is lower than the Energy sector average.