Var Energi AS Dividend yield

 Price  30.86
 Dividend  4.69
 Earnings  3.59
 Cash-flow  20.57
 Book value  5.82
 Equity  5.49

Var Energi AS is part of Oil and Gas Producers business, which is part of Oil and Gas industry. Var Energi AS is a company from Norway, and his stocks are publicly traded.

Var Energi AS stock dividend

Var Energi AS paid a total dividend of 11,706 million NOK last year, for a market value of 77,027 millions (Market Cap 12,465 millions). Var Energi AS dividend per share is 4.69 NOK, and his stock market price 30.86 NOK.

According to the chart below, where dividend yield is displayed, Var Energi AS has a dividend yield of 15.20%, which is higher than the amount offered by both the market average and companies from Norway. 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 Var Energi AS stocks dividend with other Oil and Gas Producers companies or other of the high Norway dividend stocks list.

Dividend yield of Var Energi AS

Var Energi AS Dividend Payout

About the ability of Var Energi AS to maintain his current dividend of NOK 4.69 per share, an amount that accounts for 15.20%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Var Energi AS payout on ernings is currently 130.64%, which is higher than the market average, and companies of Oil and Gas industry, which are 39.34% and 38.55% respectively. Both figures show that Var Energi AS can have problems to keep with his present dividend yield.

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 Var Energi AS is NOK 20.57 per share, which is higher than the dividend per share paid by the company of NOK 4.69, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Var Energi AS, compared againt world market average, Norway companies, Oil and Gas industry and Oil and Gas Producers sector companies.

Var Energi AS payout

Var Energi AS Dividend History

Below you will find a table with the historical evolution of Var Energi AS's dividend stock, both in percentage and in NOK, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  NOK  Paypout  Shares* 

*In millions

Var Energi AS Stock performance

Finally, last moth Var Energi AS showed a return of -0.10% compared to a worldwide -2.49% average, and a -1.44% of Oil and Gas firms. Over the last year, the company obtained a -28.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Norway and Oil and Gas Producers firms.

Var Energi AS stock and market return