Spark Energy, Inc. : SPKE-US: Dividend Analysis : May 30th, 2017 (record date) : By the numbers : May 26, 2017

Our analysis is based on comparing Spark Energy, Inc. with the following peers – Duke Energy Corporation, DTE Energy Company, Southern Company and SCANA Corporation (DUK-US, DTE-US, SO-US and SCG-US).

Dividend Yield
Dividend Quality Score

Dividend Quality Overview

  • Over the last twelve months (prior to March 31, 2017), SPKE-US paid a high quality dividend, which represents a yield of 3.34% 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 high quality, 1 was medium quality and 1 was low quality.
  • The ending cash balance, with a dividend coverage of 2.96x, provides a moderate cushion in case of a significant reduction of cash flows in the future.
Dividend Quality Score Vs Dividend Yield

Quadrant label definitions. Hover to know more

High Score;High Yield, High Score;Low Yield, Low Score;Low Yield, Low Score;High Yield

Dividend Coverage

Over the last twelve months (prior to March 31, 2017), SPKE-US paid a high quality dividend.

The source of the company’s cash to support the dividend paid over the last twelve months is operating cash flow (coverage of 7.22x), investing cash flow (coverage of -4.89x), issuance cash flow (coverage of 1.05x) and twelve-month prior cash (coverage of 0.35x), for a total dividend coverage of 3.96x.

SPKE-US‘s issuance cash flow includes outflows from net debt repayment (coverage of -1.10x).

Dividend Coverage by Cash Flow (TTM)

These coverage ratio factors imply that the firm’s dividends are wholly paid from operating and investing cash flows net of any debt repayments, which suggests a high dividend quality.

Dividend History

Item 2012-12-31 2013-12-31 2014-12-31 2015-12-31 2016-12-31 Latest
Dividend Yield (%) N/A N/A 0.37 6.9 4.25 4.18
Dividend Payout (%) N/A N/A -1202 136.79 65.02 81.93

A complete list of metrics and analysis is available on the company page.

Company Profile

Spark Energy, Inc. engages in the supply and retail of electricity and natural gas. The company operates through two segments: Retail Natural Gas and Retail Electricity. The Retail Natural Gas segment purchases natural gas supply through physical and financial transactions with market counterparts and supply natural gas to residential and commercial consumers pursuant to fixed-price, variable-price and flat rate contracts. The Retail Electricity segment supplies through physical and financial transactions with market counterparts and independent system operators and supply electricity to residential and commercial consumers pursuant to fixed-price and variable price contracts. The firm also provides green energy solutions and offers renewable electricity and carbon neutral natural gas products. Spark Energy was founded in 1999 and is headquartered in Houston, TX.

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