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Africa Oil (TSE:MER)
TSX:MER
Dividend Data
Last Ex-Dividend Date
May 26, 2025Payment date
Jun 11, 2025
Jun 11, 2025
Dividend Amount Per Share
C$0.052Notavailable
Dividend Yield
7.59%Sector: Energy
Sector Average: 3.246%
Sector Average: 3.246%
Payout Ratio
-57.17%Dividend Growth
2 months Since 2025
Moderate Buy
Last 3 Months
MER Dividend History
Ex-Date | Record Date | Payment Date | Frequency | Declaration Date | Amount |
|---|---|---|---|---|---|
May 26, 2025 | May 28, 2025 | Jun 11, 2025 | Not Available | May 14, 2025 | C$0.05 |
Mar 27, 2025 | Mar 27, 2025 | Apr 11, 2025 | Semi Annually | Mar 20, 2025 | C$0.05 |
Sep 09, 2024 | Sep 09, 2024 | Sep 27, 2024 | Semi Annually | ― | C$0.03 |
Mar 07, 2024 | Mar 08, 2024 | Mar 28, 2024 | Semi Annually | ― | C$0.03 |
Sep 07, 2023 | Sep 08, 2023 | Sep 29, 2023 | Semi Annually | ― | C$0.03 |
Mar 10, 2023 | Mar 13, 2023 | Mar 31, 2023 | Semi Annually | ― | C$0.03 |
Sep 08, 2022 | Sep 09, 2022 | Sep 30, 2022 | Semi Annually | ― | C$0.03 |
Mar 16, 2022 | Mar 17, 2022 | Mar 31, 2022 | Semi Annually | Feb 28, 2022 | C$0.03 |
FAQ
Does Africa Oil pay dividends?
Yes, TSE:MER has paid a dividend within the past 12 months.
How much is Africa Oil's dividend?
TSE:MER pays a dividend of C$0.052 per share. TSE:MER's annual dividend yield is 7.59%.
When is Africa Oil ex-dividend date?
Africa Oil's previous ex-dividend date was on May 26, 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 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 26, 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 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$0.14. TSE:MER's dividend payout ratio is -57.17% (C$0.14/C$0.15) which is not sustainable.