Premier Oil plc. PMO
Dividend Summary
The previous Premier Oil plc. dividend was 5p and it went ex almost 7 years ago and it was paid over 6 years ago.
There is typically 1 dividend per year (excluding specials), and the dividend cover is approximately 3.8.
Latest Dividends
| Summary | Previous dividend | Next dividend |
|---|---|---|
| Status | Paid | – |
| Type | Final | – |
| Per share | 5p | – |
| Declaration date | 27 Feb 2014 (Thu) | – |
| Ex-div date | 16 Apr 2014 (Wed) | – |
| Pay date | 21 May 2014 (Wed) | – |
Enter the number of Premier Oil plc. shares you hold and we'll calculate your dividend payments:
Previous Payment
£5.00
Paid on 21 May 2014 (Wed)
Next Payment
–
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The table below shows the full dividend history for Premier Oil plc.
| Status | Type | Decl. date | Ex-div date | Pay date | Decl. Currency | Forecast amount | Decl. amount | Accuracy |
|---|---|---|---|---|---|---|---|---|
| Paid | Final | 27 Feb 2014 | 16 Apr 2014 | 21 May 2014 | GBP | — | 5p | |
| Paid | Final | – | 15 May 2013 | 14 Jun 2013 | GBP | — | 5p | |
| Paid | Final | – | 31 Dec 2011 | 31 Dec 2011 | GBP | — | 0p | |
| Paid | Final | – | 31 Dec 2010 | 31 Dec 2010 | GBP | — | 0p | |
| Paid | Final | – | 31 Dec 2009 | 31 Dec 2009 | GBP | — | 0p | |
| Paid | Final | – | 31 Dec 2008 | 31 Dec 2008 | GBP | — | 0p | |
| Paid | Final | – | 31 Dec 2007 | 31 Dec 2007 | GBP | — | 0p | |
| Paid | Final | – | 31 Dec 2006 | 31 Dec 2006 | GBP | — | 0p |
| Year | Amount | Change |
|---|---|---|
| 2006 | 0.0p | — |
| 2007 | 0.0p | 0% |
| 2008 | 0.0p | 0% |
| 2009 | 0.0p | 0% |
| 2010 | 0.0p | 0% |
| 2011 | 0.0p | 0% |
| 2012 | 5.0p | 100% |
| 2013 | 5.0p | 0% |
Premier Oil plc. Optimized Dividend Chart
The chart below shows the optimized dividends for this security over a rolling 12-month period.
- Dividend Yield Today
- 0.0%
- Optimized Yield
- Sign Up Required
- 52 Week High
- 0.0% on 15 January 2021
- 52 Week Low
- 0.0% on 15 January 2021
- Next Ex-Div-Date Countdown
- Sign Up Required
About Premier Oil plc.
Premier Oil started out searching for oil in Trinidad in 1934 as the Caribbean Oil Company. The group is now a leading independent oil and gas company with production interests in the UK, Indonesia and Pakistan, and exploration ongoing in the UK, Indonesia, Philippines, West Africa and South Asia.
- Sector
- Oil & Gas Producers
- Country
- United Kingdom
- Share Price
- £0.21 (yesterday's closing price)
- Shares in Issue
- 529 million
- Market Cap
- £110mn
- 3.8
- 0
- Market Indices
- none
- Investor Relations URL
- Sign Up Required
- Financial Calendar URL
- Sign Up Required
- Home Page URL
- http://www.premier-oil.com/premieroil/
Possible effects of the tax treatment of dividends from April 2016
The Telegraph online declared ‘Budget 2015 – Investors face tax raid on dividends’. Whilst this is true for those with large income portfolios, not everybody loses out and in fact those who do not currently invest in stocks and shares, there is now a tax incentive to do so.
Premier Oil maintains 2014 final dividend at 5p
Highlights
●
Production averaged 64.9 kboepd (2013: 58.6 kboepd), up 11 per cent and ahead of guidance; new production from Dua (Vietnam), Kyle (UK) and the gas swap (Indonesia)
●
Materially rising operating cash flows, up 35 per cent at US$499.4 million (2013: US$371.0 million); profit after tax of US$172.7 million (2013: US$161.1 million)
●
Significant momentum across development portfolio: installation of the Solan facilities under way; government sanction of the Catcher project received; and FEED on Bream and Sea Lion progressing well
●
Exploration success in Indonesia and Pakistan, including the 100 mmboe (gross) oil and gas discovery at Kuda Laut/Singa Laut on the Tuna Block
●
US$190 million of non-core asset sales announced and on track to deliver stated US$300 million disposal programme
●
Renewal of principal bank facility completed on improved terms and increased in size to US$2.5 billion
●
Continued distributions to shareholders - paid full-year dividend of 5 pence per share and ongoing buyback programme - reflecting confidence in future cash flow profile
●
Appointment of Tony Durrant as Chief Executive and Richard Rose as Finance Director
Outlook
·
Full-year guidance maintained at 58-63 kboepd including disposal adjustments and pending completion of summer maintenance programmes
·
Timing of first oil from Solan is dependent on the successful completion of offshore installation activities within the weather window and progress of the offshore commissioning programme
·
Play-opening wells planned in the next 12 months include Badada, onshore Kenya, Myrhauk, offshore Norway and Isobel Deep in the Falkland Islands
·
Rising cash flows and strong funding position fully finance forward development spend, exploration expenditure, dividend plans and buyback programme