08-31-2023
| PKR/share | |
| Price | 92.95 |
| Dividend | 8.30 |
| Earnings | 35.75 |
| Cash-flow | 20.21 |
| Book value | 185.90 |
| Equity | 194.29 |
Oil & Gas Developmen is part of Oil and Gas Producers business, which is part of Oil and Gas industry. Oil & Gas Developmen is a company from Pakistan, and his stocks are publicly traded.
Oil & Gas Developmen stock dividend
Oil & Gas Developmen paid a total dividend of 35,698 million PKR last year, for a market value of 399,778 millions (Market Cap 59,886 millions). Oil & Gas Developmen dividend per share is 8.30 PKR, and his stock market price 92.95 PKR.
According to the chart below, where dividend yield is displayed, Oil & Gas Developmen has a dividend yield of 8.93%, which is higher than the amount offered by both the market average and companies from Pakistan. It is also bigger than average of Oil and Gas industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.
In addition, you should compare Oil & Gas Developmen stocks dividend with other Oil and Gas Producers companies or other of the best Pakistan dividend stocks list.
Oil & Gas Developmen Dividend Payout
About the ability of Oil & Gas Developmen to maintain his current dividend of PKR 8.30 per share, an amount that accounts for 8.93%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Oil & Gas Developmen payout on ernings is currently 23.22%, which is lower than the market average and companies of Oil and Gas industry, which are 39.34% and 38.55% respectively. Both figures lead us to believe that there is confidence that Oil & Gas Developmencan maintain his current dividend.
The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Oil & Gas Developmen is PKR 20.21 per share, which is higher than the dividend per share paid by the company of PKR 8.30, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Oil & Gas Developmen, compared againt world market average, Pakistan companies, Oil and Gas industry and Oil and Gas Producers sector companies.
Oil & Gas Developmen Dividend History
Below you will find a table with the historical evolution of Oil & Gas Developmen's dividend stock, both in percentage and in PKR, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
| Year | Yield | PKR | Paypout | Shares* |
| Present | 8.93% | 8.30 | 23.22% | 4,301 |
| 2022 | 9.10% | 7.25 | 20.94% | 4,301 |
| 2021 | 10.03% | 8.65 | 34.12% | 4,301 |
| 2020 | 6.02% | 6.25 | 22.89% | 4,301 |
| 2019 | 7.55% | 10.75 | 33.99% | 4,301 |
| 2018 | 8.59% | 11.00 | 49.84% | 4,301 |
| 2017 | 3.86% | 6.25 | 34.72% | 4,301 |
| 2016 | 3.69% | 5.20 | 29.87% | 4,301 |
| 2015 | 5.56% | 6.75 | 27.80% | 4,301 |
*In millions
Then you can see the evolution of Oil & Gas Developmen dividend stock, and compare it with the average of Pakistan stocks and that of the Oil and Gas Producers stocks.
Oil & Gas Developmen Stock performance
Finally, last moth Oil & Gas Developmen showed a return of -5.70% compared to a worldwide -2.49% average, and a -1.44% of Oil and Gas firms. Over the last year, the company obtained a 13.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Pakistan and Oil and Gas Producers firms.
