Hemisphere Energy: A 7.2% Dividend Yield Backed By A 14% FCF Yield
First Commonwealth Financial(FCF) Seeking Alpha·2024-07-15 22:30
Cliff LeSergent/iStock via Getty Images Introduction I have been following Hemisphere Energy (TSXV:HME:CA) (OTCQX:HMENF) for several years now, and I am pleased to see the total return in the past 2.5 years was 68% which handsomely beats the total return of around 25% for the S&P 500 in the same time frame. This small oil producer continues to perform well and thanks to its robust balance sheet, it is able to use the vast majority of its cash flows to pay dividends and special dividends, which represent an ...