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ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Dividend Yield % : 4.26% (As of May. 01, 2024)


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What is ADNOC Drilling Company PJSC Dividend Yield %?

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

Good Sign:

ADNOC Drilling Company PJSC stock dividend yield is close to 1-year high.

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

ADX:ADNOCDRILL' s Dividend Yield % Range Over the Past 10 Years
Min: 1.94   Med: 4.06   Max: 5.13
Current: 4.26

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

ADX:ADNOCDRILL's Dividend Yield % is ranked better than
51.82% of 494 companies
in the Oil & Gas industry
Industry Median: 4.045 vs ADX:ADNOCDRILL: 4.26

ADNOC Drilling Company PJSC's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.07.

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.

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

ADNOC Drilling Company PJSC's Dividends per Share for the three 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 Yield % Historical Data

The historical data trend for ADNOC Drilling Company PJSC's Dividend Yield % 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 Yield % Chart

ADNOC Drilling Company PJSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial - - - 2.51 4.25

ADNOC Drilling Company PJSC Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.51 3.87 4.40 3.90 4.25

Competitive Comparison of ADNOC Drilling Company PJSC's Dividend Yield %

For the Oil & Gas Drilling subindustry, ADNOC Drilling Company PJSC's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % Distribution in the Oil & Gas Industry

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

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



ADNOC Drilling Company PJSC Dividend Yield % Calculation

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

ADNOC Drilling Company PJSC Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AED 0.0820002024-03-222024-03-252024-04-02Cash Dividendsemi-annuallyAED:AED 1.000000
AED 0.0820002023-10-182023-10-192023-10-27Cash Dividendsemi-annuallyAED:AED 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.

ADNOC Drilling Company PJSC's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.164/3.86
=4.25 %

Current Share Price is د.إ3.86.
ADNOC Drilling Company PJSC's Dividends per Share for the trailing twelve months (TTM) ended in Today is د.إ0.164.

ADNOC Drilling Company PJSC's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.164/3.86
=4.25 %

Current Share Price is د.إ3.86.
ADNOC Drilling Company PJSC's Dividends per Share for the forward twelve months is calculated as د.إ0.082 * 2 = د.إ0.164.

* 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.


ADNOC Drilling Company PJSC  (ADX:ADNOCDRILL) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


ADNOC Drilling Company PJSC Dividend Yield % Related Terms

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


ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Business Description

Traded in Other Exchanges
N/A
Address
P.O Box 4017, Abu Dhabi, ARE
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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