This week we’re taking a close look at Chesapeake Energy Corporation (NYSE:CHK)’s stock. Earlier this week we published our Fundamental Analysis and Corporate Actions assessment of the company. Today we assess its Dividend Quality. Chesapeake gets two stars from us for its Medium Dividend Quality and one star for its Dividend Quality trend; our overall score for its Dividend Quality is 25. For more on how we compute our Dividend Quality score read here.
- Over the last twelve months (prior to 2012-09-30), Chesapeake Energy Corporation (NYSE:CHK) paid a medium quality dividend, which represents a yield of 2.1% at the current price.
- Dividend quality trend has not been consistent over the last five years. Dividends were paid during each of these years — of these 3 were medium quality and 2 were low quality.
- The ending cash balance is less than the last full year dividend payment and cannot be relied on to cushion any significant reduction of cash flows in the future.
Company numbers are TTM (trailing twelve months) or latest available. Share price data is previous day’s close unless otherwise stated.
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Dividend Yield and Payout
Cash flow coverage of the dividend paid is more relevant than dividend payout.
Over the last twelve months (prior to 2012-09-30), CHK-US paid a medium quality dividend.