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Africa Oil Corp (TSE:MER)
:MER
Dividend Data
Last Ex-Dividend Date
May 28, 2025Payment date
Jun 11, 2025
Jun 11, 2025
Dividend Amount Per Share
C$0.051Semiannually
Dividend Yield
11.43%Sector: Energy
Sector Average: 3.241%
Sector Average: 3.241%
Payout Ratio
-16.62%Dividend Growth
2 years Since 2023
Moderate Buy
Last 3 Months
MER Dividend History
Ex-Date | Record Date | Payment Date | Frequency | Declaration Date | Amount |
|---|---|---|---|---|---|
May 28, 2025 | May 28, 2025 | Jun 11, 2025 | Semi Annually | May 14, 2025 | C$0.05 |
Mar 27, 2025 | Mar 27, 2025 | Apr 11, 2025 | Semi Annually | Mar 20, 2025 | C$0.04 |
Sep 09, 2024 | Sep 09, 2024 | Sep 27, 2024 | Semi Annually | Aug 15, 2024 | C$0.03 |
Mar 07, 2024 | Mar 08, 2024 | Mar 28, 2024 | Semi Annually | Feb 26, 2024 | C$0.03 |
Sep 07, 2023 | Sep 08, 2023 | Sep 29, 2023 | Semi Annually | Aug 14, 2023 | C$0.03 |
Mar 10, 2023 | Mar 13, 2023 | Mar 31, 2023 | Semi Annually | Mar 04, 2023 | C$0.03 |
Sep 08, 2022 | Sep 09, 2022 | Sep 30, 2022 | Not Available | Aug 11, 2022 | C$0.03 |
Mar 16, 2022 | Mar 17, 2022 | Mar 31, 2022 | Not Available | Mar 02, 2022 | C$0.03 |
FAQ
Does Africa Oil Corp pay dividends?
Yes, TSE:MER has paid a dividend within the past 12 months.
How much is Africa Oil Corp's dividend?
TSE:MER pays a dividend of C$0.051 per share. TSE:MER's annual dividend yield is 11.43%.
When is Africa Oil Corp ex-dividend date?
Africa Oil's previous ex-dividend date was on May 28, 2025. Africa Oil shareholders who own TSE:MER stock before this date received Africa Oil's last dividend payment of C$0.05 per share on Jun 11, 2025. TSE:MER's next ex-dividend date has not been announced yet.
When is Africa Oil Corp dividend payment date?
Africa Oil’s next quarterly payment date is on Jun 11, 2025, when Africa Oil shareholders who owned TSE:MER shares before May 28, 2025 received a dividend payment of C$0.05 per share. Add TSE:MER to your watchlist to be reminded of TSE:MER's next dividend payment.
Does Africa Oil Corp have sufficient earnings to cover their dividend?
Yes, TSE:MER's past year earnings per share was C$0.15, and their annual dividend per share is C$0.12. TSE:MER's dividend payout ratio is -16.62% (C$0.12/C$0.15) which is not sustainable.