US Energy stated on May 8, 2023 that its Board of Directors declared regular quarterly dividend $0.02 per share ($0.09 annualized). Previously, the company paid $0.02 per share.
Shares must have been purchased before the ex-split date of May 18, 2023, to qualify for the dividend. Shareholders of record as of May 19, 2023 will receive the payment on May 30, 2023.
At the current share price of $1.35/share, the stock’s dividend yield is 6.67%.
Looking back five years and taking one sample each week, the average dividend yield has been 2.19%, with a low of 0.65%, and a high of 6.87%. The standard deviation of the yield is 1.05 (n=237).
The current dividend yield is 4.26 standard deviations from the historical average.
Additionally, the company has a dividend payout ratio of -2.36. The payout ratio tells us how much of a company’s earnings is paid out in dividends. A payout ratio of one (1.0) means that 100% of the company’s earnings are paid out in dividends. A payout ratio greater than one means the company is dipping into savings to maintain its dividend — not a healthy situation. Companies with some growth potential are expected to pay out most of their earnings in dividends, which typically have a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some of the earnings to invest in those growth prospects, which translates into a payout ratio of zero to 0.5.
The company has not increased its dividend in the last three years.
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What is Fund Sentiment?
there are 35 Reporting of fund or institution positions American Energy. This is a decrease of 1 owner(s) or 2.78% over the previous quarter. average portfolio weight of all funds There is 0.01% dedicated to USEG, a decrease of 13.18%. The total shares owned by the institutions decreased by 11.15% to 548K shares in the last three months.
Analyst Price Forecast Indicates 145.56% Upside
By April 24, 2023, average one year price target for US Energy is 3.32. Forecasts range from a low of $3.03 to a high of $3.68. The average price target shows an upside of 145.56% from its latest reported closing price of 1.35.
see our Leaderboard of companies With the biggest price target on the upside.
US Energy has estimated annual revenue of $44MM, an increase of 4.78%. Estimated Annual Non-GAAP eps is 0.23.
What are the other shareholders doing?
VTSMX – Vanguard Total Stock Market Index Fund Investor Shares The company holds 109K shares representing 0.43% ownership. No change from last quarter.
Geode Capital Management The company holds 79K shares representing 0.31% ownership. In its prior filing, the firm reported owning 79K shares, representing fall short of 0.14%. Firm fell short of Its portfolio allocation in USEG has increased by 27.19% over the previous quarter.
Verity Asset Management The company holds 76K shares representing 0.30% ownership. In its prior filing, the firm reported representing 66K shares. a hike of 13.04%. Firm fell short of Its portfolio allocation in USEG has increased by 24.91% over the previous quarter.
Susquehanna Fundamental Investments The company holds 54K shares representing 0.21% ownership. In its prior filing, the firm reported representing 54K shares. fall short of 0.73%. Firm fell short of Its portfolio allocation in USEG has increased by 20.93% over the previous quarter.
VEXMX – Vanguard Extended Market Index Fund Investor Shares The company holds 27K shares representing 0.11% ownership. In its prior filing, the firm reported representing 114K shares. fall short of 321.23%. Firm fell short of Its portfolio allocation in USEG has increased by 81.98% over the previous quarter.
US Energy Background Information
(This description is provided by the company.)
It is an independent energy company focused on the acquisition and development of oil and gas producing assets in the United States. Its business is currently focused on targeting mature, low-degradation assets with existing infrastructure that allows us to maximize our return on capital in a sustainable and efficient manner.
This story originally appeared on fintail,
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