ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Dividend Payout Ratio : 1.07 (As of Dec. 2023)

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What is ADNOC Drilling Company PJSC Dividend Payout Ratio?

ADNOC Drilling Company PJSC's dividend payout ratio for the months ended in Dec. 2023 was 1.07.

The historical rank and industry rank for ADNOC Drilling Company PJSC's Dividend Payout Ratio or its related term are showing as below:

ADX:ADNOCDRILL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.67 Med: 0.76 Max: 0.84
Current: 0.67

During the past 6 years, the highest Dividend Payout Ratio of ADNOC Drilling Company PJSC was 0.84. The lowest was 0.67. And the median was 0.76.

ADX:ADNOCDRILL's Dividend Payout Ratio is ranked worse than
67.99% of 453 companies
in the Oil & Gas industry
Industry Median: 0.45 vs ADX:ADNOCDRILL: 0.67

As of today (2024-05-01), the Dividend Yield % of ADNOC Drilling Company PJSC is 4.26%.

During the past 6 years, the highest Trailing Annual Dividend Yield of ADNOC Drilling Company PJSC was 5.13%. The lowest was 1.94%. And the median was 4.06%.

ADNOC Drilling Company PJSC's Dividends per Share for the months ended in Dec. 2023 was د.إ0.08.

During the past 12 months, ADNOC Drilling Company PJSC's average Dividends Per Share Growth Rate was 5.20% per year.

The growth rate is calculated with least square regression.

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

ADNOC Drilling Company PJSC Dividend Payout Ratio Historical Data

The historical data trend for ADNOC Drilling Company PJSC's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

ADNOC Drilling Company PJSC Dividend Payout Ratio Chart

ADNOC Drilling Company PJSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.84

0.67

ADNOC Drilling Company PJSC Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial											-	-	1.50	-	1.07

Competitive Comparison of ADNOC Drilling Company PJSC's Dividend Payout Ratio

For the Oil & Gas Drilling subindustry, ADNOC Drilling Company PJSC's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

ADNOC Drilling Company PJSC's Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ADNOC Drilling Company PJSC's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where ADNOC Drilling Company PJSC's Dividend Payout Ratio falls into.

ADNOC Drilling Company PJSC Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

ADNOC Drilling Company PJSC's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.161	/	0.239
	=	0.67

ADNOC Drilling Company PJSC's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.082	/	0.077
	=	1.06

ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

ADNOC Drilling Company PJSC Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of ADNOC Drilling Company PJSC's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) » Definitions » Dividend Payout Ratio

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Traded in Other Exchanges

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Address

P.O Box 4017, Abu Dhabi, ARE

Website

https://www.adnoc.ae

ADNOC Drilling Company PJSC is engaged in providing drilling services and supporting marine equipment, and the hiring out of onshore and offshore drilling rigs on behalf of related parties involved in onshore and offshore oil and gas exploration. The operating business segments are Onshore, Offshore Jack-up, Offshore Island, and OilField Service, with maximum revenue from Onshore segment.

ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Headlines

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