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NOVATEK PJSC (MIC:NVTK) 3-Year Dividend Growth Rate : 45.20% (As of Jun. 2023)


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What is NOVATEK PJSC 3-Year Dividend Growth Rate?

NOVATEK PJSC's Dividends per Share for the three months ended in Jun. 2023 was ₽60.58.

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

MIC:NVTK' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -33.5   Med: 30.7   Max: 108.1
Current: 45.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of NOVATEK PJSC was 108.10% per year. The lowest was -33.50% per year. And the median was 30.70% per year.

MIC:NVTK's 3-Year Dividend Growth Rate is ranked better than
79.47% of 302 companies
in the Oil & Gas industry
Industry Median: 14.5 vs MIC:NVTK: 45.20

During the past 12 months, NOVATEK PJSC's average Dividends Per Share Growth Rate was 84.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 45.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 44.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 23.90% per year. 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.

NOVATEK PJSC's Dividend Payout Ratio for the three months ended in Jun. 2023 was 3.92. As of today, NOVATEK PJSC's Dividend Yield % is 7.07%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of NOVATEK PJSC is 3.92, which seems too high.

Good Sign:

NOVATEK PJSC stock dividend yield is close to 5-year high.

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


Competitive Comparison of NOVATEK PJSC's 3-Year Dividend Growth Rate

For the Oil & Gas E&P subindustry, NOVATEK PJSC'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.


NOVATEK PJSC's 3-Year Dividend Growth Rate Distribution in the Oil & Gas Industry

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

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



NOVATEK PJSC 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.


NOVATEK PJSC  (MIC:NVTK) 3-Year Dividend Growth Rate Explanation

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

NOVATEK PJSC's Dividend Payout Ratio for the quarter that ended in Jun. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2023 )/ EPS without NRI (Q: Jun. 2023 )
=60.58/ 15.44
=3.92

During the past 13 years, the highest Dividend Payout Ratio of NOVATEK PJSC was 3.92. The lowest was 0.22. And the median was 0.37.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of NOVATEK PJSC is 3.92, which seems too high.

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

NOVATEK PJSC Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
RUB 44.0902024-03-262024-03-262024-04-09Cash Dividendsemi-annuallyRUB:RUB 1.000000
RUB 34.5002023-10-102023-10-102023-10-24Cash Dividendsemi-annuallyRUB:RUB 1.000000
RUB 60.5802023-05-022023-05-032023-05-19Cash Dividendsemi-annuallyRUB:RUB 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.

NOVATEK PJSC's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=139.17/1239.60
=11.23 %

Current Share Price is ₽1239.60.
NOVATEK PJSC's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₽139.17.

During the past 13 years, the highest Dividend Yield of NOVATEK PJSC was 11.02%. The lowest was 0.81%. And the median was 2.11%.

Good Sign:

NOVATEK PJSC 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.


NOVATEK PJSC 3-Year Dividend Growth Rate Related Terms>


NOVATEK PJSC (MIC:NVTK) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2, Udaltsova Street, Moscow, RUS, 119415
NOVATEK PJSC, or simply Novatek, is a Russian-based exploration and production company that acquires, explores for, produces, processes, and markets oil and gas. While the company is mostly focused on natural gas production, it also has exposure to oil. Its exploration and production take place in a variety of fields in central Russia. The natural gas is then processed and sold. Novatek also sells liquid hydrocarbons such as petroleum products, light hydrocarbons, LPG, and crude oil. The majority of its natural gas is sold in Russia, while the liquid hydrocarbons are sold in Russia and internationally, including China, Europe, and the United States.

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