Ghana Oil Co (XGHA:GOIL) Dividend Payout Ratio : 0.15 (As of Dec. 2022)

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What is Ghana Oil Co Dividend Payout Ratio?

Ghana Oil Co's dividend payout ratio for the months ended in Dec. 2022 was 0.15.

The historical rank and industry rank for Ghana Oil Co's Dividend Payout Ratio or its related term are showing as below:

XGHA:GOIL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.13 Med: 0.15 Max: 0.18
Current: 0.15

During the past 13 years, the highest Dividend Payout Ratio of Ghana Oil Co was 0.18. The lowest was 0.13. And the median was 0.15.

XGHA:GOIL's Dividend Payout Ratio is ranked better than
88.08% of 453 companies
in the Oil & Gas industry
Industry Median: 0.45 vs XGHA:GOIL: 0.15

As of today (2024-05-23), the Dividend Yield % of Ghana Oil Co is 3.73%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Ghana Oil Co was 3.73%. The lowest was 0.48%. And the median was 2.47%.

Ghana Oil Co's Dividends per Share for the months ended in Dec. 2022 was GHS0.05.

During the past 12 months, Ghana Oil Co's average Dividends Per Share Growth Rate was 4.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ghana Oil Co was 18.90% per year. The lowest was 3.80% per year. And the median was 17.10% per year.

The growth rate is calculated with least square regression.

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

Ghana Oil Co Dividend Payout Ratio Historical Data

The historical data trend for Ghana Oil Co'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.

Ghana Oil Co Dividend Payout Ratio Chart

Ghana Oil Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dividend Payout Ratio

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0.13

0.16

0.18

0.15

Ghana Oil Co Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Dividend Payout Ratio	Get a 7-Day Free Trial									0.13	0.16	-	0.18	0.15

Competitive Comparison of Ghana Oil Co's Dividend Payout Ratio

For the Oil & Gas Refining & Marketing subindustry, Ghana Oil Co'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.

Ghana Oil Co's Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ghana Oil Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Ghana Oil Co's Dividend Payout Ratio falls into.

Ghana Oil Co Dividend Payout Ratio Calculation

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

Ghana Oil Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2022 )	/	EPS without NRI (A: Dec. 2022 )
	=	0.047	/	0.316
	=	0.15

Ghana Oil Co's Dividend Payout Ratio for the quarter that ended in Dec. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2022 )	/	EPS without NRI (Q: Dec. 2022 )
	=	0.047	/	0.316
	=	0.15

Ghana Oil Co (XGHA:GOIL) 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.

Ghana Oil Co Dividend Payout Ratio Related Terms

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

Ghana Oil Co (XGHA:GOIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ghana Oil Co Ltd (XGHA:GOIL) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Junction of Kojo Thompson and Adjaben Roads, Building No. D 659/4, P.O. Box GP 3183, Adabraka, Accra, GHA

Website

https://www.goil.com.gh

Ghana Oil Co Ltd (GOIL) is engaged in the marketing and distribution of petroleum products. Its objective is to market petroleum products and related products particularly fuels, liquefied petroleum gas (LPG), lubricants, bitumen, and specialty products in Ghana. The company is engaged in the business of marketing quality petroleum and other energy products and services in all its branches in a healthy, safe, environmentally friendly and socially responsible manner.

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