All of these factors considered, we think this has solid potential as a dividend stock. We should point out that the earnings are expected to fall over the next 12 months, which won't be a problem if this doesn't become a trend, but could cause some turbulence in the next year. The company is generating plenty of cash, and the earnings also quite easily cover the distributions. Overall, we think this could be an attractive income stock, and it is only getting better by paying a higher dividend this year. ![]() Coterra Energy is clearly able to grow rapidly while still returning cash to shareholders, positioning it to become a strong dividend payer in the future. Coterra Energy has seen EPS rising for the last five years, at 40% per annum. Investors could be attracted to the stock based on the quality of its payment history. So, dividends have been growing pretty quickly, and even more impressively, they haven't experienced any notable falls during this period. This works out to be a compound annual growth rate (CAGR) of approximately 52% a year over that time. The dividend has gone from an annual total of $0.04 in 2012 to the most recent total annual payment of $2.72. The company has been paying a dividend for a long time, and it has been quite stable which gives us confidence in the future dividend potential. ![]() Historic-dividend Coterra Energy Has A Solid Track Record
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |