Serica Energy plc, an upstream oil and gas company, engages in the identification, acquisition, exploration, and exploitation of oil and gas reserves. The company holds 100% interest in the Keith oil fields; 98% interest in the Bruce gas fields; and 50% interest in the Rhum gas fields located in the Northern North Sea, as well as 18% non-operating interest in the Erskine field located in Central North Sea. It also operates the Columbus development, and Skerryvore and Ruvaal prospects located in Central North Sea; and North and South Eigg exploration prospects located in the Northern North Sea. Serica Energy plc was founded in 2004 and is headquartered in Aberdeen, the United Kingdom.
Serica Energy Dividend Announcement
• Serica Energy announced a semi annually dividend of £9.00 per ordinary share which will be made payable on 2024-11-21. Ex dividend date: 2024-10-24
• Serica Energy annual dividend for 2024 was £22.98
• Serica Energy annual dividend for 2023 was £18.47
• Serica Energy's trailing twelve-month (TTM) dividend yield is 14.56%
• Serica Energy's payout ratio for the trailing twelve months (TTM) is 226.63%
Serica Energy Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-24 | £9.00 | semi annually | 2024-11-21 |
| 2024-06-27 | £13.98 | semi annually | 2024-07-24 |
| 2023-10-26 | £7.41 | semi annually | 2023-11-23 |
| 2023-06-29 | £11.05 | semi annually | 2023-07-27 |
| 2022-10-27 | £8.00 | semi annually | 2022-11-25 |
| 2022-06-30 | £9.00 | semi annually | 2022-07-22 |
| 2021-06-24 | £2.51 | semi annually | 2021-07-23 |
| 2020-06-25 | £2.42 | semi annually | 2020-07-24 |
Serica Energy Dividend per year
Serica Energy Dividend growth
Serica Energy Dividend Yield
Serica Energy current trailing twelve-month (TTM) dividend yield is 14.56%. Interested in purchasing Serica Energy stock? Use our calculator to estimate your expected dividend yield:
Serica Energy Financial Ratios
P/E ratio9.78
PEG ratio45.48
P/B ratio0.88
ROE7.98%
Payout ratio226.63%
Current ratio2.19
Quick ratio2.14
Cash Ratio1.31
Serica Energy Dividend FAQ
How much is the next Serica Energy dividend?
Serica Energy's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Serica Energy dividend. The next Serica Energy dividend will be released in June, or October.
When is Serica Energy dividend paid?
Serica Energy pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Serica Energy pay?
The specific amount of Serica Energy dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Serica Energy's dividend history.
Does Serica Energy stock pay dividends?
Yes, Serica Energy does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Serica Energy's dividend history.
How much dividend does Serica Energy pay?
Serica Energy paid £22.98 in 2024, £18.467 in 2023, £17.0 in 2022, £2.515 in 2021, and £2.419 in 2020.
How often does Serica Energy pay dividends?
Serica Energy typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June, and October.
What is Serica Energy's dividend yield?
The current dividend yield for Serica Energy is 14.56%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Serica Energy's exact dividend yield.
When does Serica Energy go ex dividend?
Serica Energy's ex-dividend date for the latest dividend was on 2024-10-24. Serica Energy typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Serica Energy dividend paid?
Serica Energy pays dividends on a semi annually basis, typically around June, or October, but the exact dates can vary each year.
Will Serica Energy increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Serica Energy will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Serica Energy dividend per share?
Serica Energy paid £22.98 per share in 2024 and £18.467 per share in 2023. The amount of dividend per share that Serica Energy pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Serica Energy a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Serica Energy a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Serica Energy a dividend stock?
Yes, Serica Energy is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Serica Energy a good dividend stock?
Whether Serica Energy is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Serica Energy has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Serica Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Serica Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Serica Energy pay dividends monthly?
Serica Energy typically pays dividends on a semi annually basis.
Does Serica Energy pay dividends quarterly?
Serica Energy currently pays dividends on a semi annually basis.
Has Serica Energy ever paid a dividend?
Yes, Serica Energy has a history of paying dividends to its shareholders. Serica Energy is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Serica Energy dividend stocks?
To buy Serica Energy you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Serica Energy stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Serica Energy stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Serica Energy pay dividends 2024?
Serica Energy pays dividends on a semi annually basis. 2024 dividend payments are in 2024-11-21. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Serica Energy increase its dividend in 2024?
Decisions regarding Serica Energy dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Serica Energy dividend overview you can look into the above table of dividend history.
How Serica Energy dividend works?
The Serica Energy dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Serica Energy's dividend process works:
1. Determination of Dividend: Serica Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Serica Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Serica Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Serica Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Serica Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Serica Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Serica Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Serica Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Serica Energy dividends paid?
Serica Energy dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Serica Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Serica Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Serica Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Serica Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Serica Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Serica Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Serica Energy pay dividends?
Serica Energy typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Serica Energy pay dividends?
The general pattern is that Serica Energy pays dividends around June, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Serica Energy dividend safe?
The safety of Serica Energy's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Serica Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Serica Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Serica Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Serica Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.