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Borr Drilling (Borr Drilling) 3-Year Dividend Growth Rate : 0.00% (As of Mar. 2024)


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What is Borr Drilling 3-Year Dividend Growth Rate?

Borr Drilling's Dividends per Share for the three months ended in Mar. 2024 was $0.05.

The historical rank and industry rank for Borr Drilling's 3-Year Dividend Growth Rate or its related term are showing as below:

BORR's 3-Year Dividend Growth Rate is not ranked *
in the Oil & Gas industry.
Industry Median: 14.5
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Borr Drilling's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.78. As of today, Borr Drilling's Dividend Yield % is 3.25%.

Good Sign:

Borr Drilling Ltd stock dividend yield is close to 1-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Borr Drilling's 3-Year Dividend Growth Rate

For the Oil & Gas Drilling subindustry, Borr Drilling's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Borr Drilling's 3-Year Dividend Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Borr Drilling's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Borr Drilling's 3-Year Dividend Growth Rate falls into.



Borr Drilling 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Borr Drilling  (NYSE:BORR) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Borr Drilling's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.05/ 0.064
=0.78

During the past 8 years, the highest Dividend Payout Ratio of Borr Drilling was 0.49. The lowest was 0.42. And the median was 0.42.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Borr Drilling Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1000002024-06-032024-06-032024-06-17Cash DividendquarterlyUSD:USD 1.000000
USD 0.0500002024-03-012024-03-042024-03-21Cash DividendquarterlyUSD:USD 1.000000
USD 0.0500002024-01-022024-01-032024-01-22Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Borr Drilling's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.2/6.15
=3.25 %

Current Share Price is $6.15.
Borr Drilling's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.2.

During the past 8 years, the highest Dividend Yield of Borr Drilling was 3.25%. The lowest was 0.72%. And the median was 0.84%.

Good Sign:

Borr Drilling Ltd stock dividend yield is close to 1-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Borr Drilling 3-Year Dividend Growth Rate Related Terms>


Borr Drilling (Borr Drilling) Business Description

Industry
Address
9 Par-la-Ville Road, S.E. Pearman Building, 2nd Floor, Hamilton, BMU, HM11
Borr Drilling Ltd is a drilling contractor that owns and operates jack-up rigs of modern and high-specification designs providing drilling services to the oil and gas exploration and production industry. The company operates a fleet of 16 jack-up drilling rigs. Geographically the activities are carried out through Norway.