GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Odfjell Drilling Ltd (OSL:ODL) » Definitions » 3-Year Dividend Growth Rate

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


View and export this data going back to 2013. Start your Free Trial

What is Odfjell Drilling 3-Year Dividend Growth Rate?

Odfjell Drilling's Dividends per Share for the three months ended in Mar. 2024 was kr0.64.

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

OSL:ODL's 3-Year Dividend Growth Rate is not ranked *
in the Oil & Gas industry.
Industry Median: 14.8
* 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.

Odfjell Drilling's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.77. As of today, Odfjell Drilling's Dividend Yield % is 3.77%.

Good Sign:

Odfjell Drilling Ltd stock dividend yield is close to 5-year high.

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


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

For the Oil & Gas Drilling subindustry, Odfjell 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.


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

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

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



Odfjell 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.


Odfjell Drilling  (OSL:ODL) 3-Year Dividend Growth Rate Explanation

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

Odfjell 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 )
=0.637/ 0.823
=0.77

During the past 13 years, the highest Dividend Payout Ratio of Odfjell Drilling was 0.35. The lowest was 0.13. And the median was 0.24.

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

Odfjell Drilling Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0600002024-03-012024-03-042024-03-14Cash DividendquarterlyUSD: 1.000000
USD 0.0600002023-11-102023-11-132023-11-22Cash DividendquarterlyUSD: 1.000000
USD 0.0600002023-09-012023-09-042023-09-13Cash DividendquarterlyUSD: 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.18/50.70
=0.36 %

Current Share Price is kr50.70.
Odfjell Drilling's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr0.18.

During the past 13 years, the highest Dividend Yield of Odfjell Drilling was 5.51%. The lowest was 0.98%. And the median was 1.76%.

Good Sign:

Odfjell Drilling Ltd stock dividend yield is close to 5-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.


Odfjell Drilling 3-Year Dividend Growth Rate Related Terms>


Odfjell Drilling (OSL:ODL) Business Description

Industry
Traded in Other Exchanges
Address
Crawpeel Road, Bergen House, Altens, Aberdeen, GBR, AB12 3LG
Odfjell Drilling Ltd is an integrated offshore drilling and oil service company. The company and its subsidiaries operates mobile offshore drilling units. It operates in the segments Own Fleet, External Fleet and Corporate / other. The Own Fleet segment operates mobile offshore drilling units owned by Odfjell Drilling. The External Fleet segment offers management services to other owners of drilling units; mainly operational management, management of regulatory requirements, marketing, contract negotiations and client relations, preparations for operation and mobilisation. Majority of revenue is generated from Own Fleet segment. Geographically, It operates in Norway.

Odfjell Drilling (OSL:ODL) Headlines

No Headlines