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Cool Co (Cool Co) Dividend Yield % : 13.91% (As of May. 15, 2024)


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What is Cool Co Dividend Yield %?

As of today (2024-05-15), the Trailing Annual Dividend Yield of Cool Co is 13.91%.

Good Sign:

Cool Co Ltd stock dividend yield is close to 1-year high.

The historical rank and industry rank for Cool Co's Dividend Yield % or its related term are showing as below:

CLCO' s Dividend Yield % Range Over the Past 10 Years
Min: 2.96   Med: 6.84   Max: 14.08
Current: 13.91

During the past 3 years, the highest Dividend Yield of Cool Co was 14.08%. The lowest was 2.96%. And the median was 6.84%.

CLCO's Dividend Yield % is ranked better than
94.56% of 496 companies
in the Oil & Gas industry
Industry Median: 4 vs CLCO: 13.91

Cool Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.62.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Cool Co Ltd is 0.71, which seems too high.

During the past 3 years, the highest Dividend Payout Ratio of Cool Co was 0.71. The lowest was 0.52. And the median was 0.52.

As of today (2024-05-15), the Forward Dividend Yield % of Cool Co is 13.91%.

Cool Co's Dividends per Share for the three months ended in Dec. 2023 was $0.41.

The growth rate is calculated with least square regression.

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


Cool Co Dividend Yield % Historical Data

The historical data trend for Cool Co'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.

Cool Co Dividend Yield % Chart

Cool Co Annual Data
Trend Dec21 Dec22 Dec23
Dividend Yield %
- - 9.67

Cool Co Quarterly Data
Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial - - 2.99 5.92 9.67

Competitive Comparison of Cool Co's Dividend Yield %

For the Oil & Gas Midstream subindustry, Cool Co'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.


Cool Co's Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cool Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Cool Co's Dividend Yield % falls into.



Cool Co Dividend Yield % Calculation

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

Cool Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4100002024-03-082024-03-112024-03-21Cash DividendquarterlyUSD:USD 1.000000
USD 0.4100002023-12-062023-12-072023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.4100002023-09-082023-09-112023-09-18Cash DividendquarterlyUSD:USD 1.000000
USD 0.4100002023-05-312023-06-012023-06-09Cash DividendquarterlyUSD:USD 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.

Cool Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.64/11.76
=13.95 %

Current Share Price is $11.76.
Cool Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.64.

Cool Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.64/11.76
=13.95 %

Current Share Price is $11.76.
Cool Co's Dividends per Share for the forward twelve months is calculated as $0.41 * 4 = $1.64.

* 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.


Cool Co  (NYSE:CLCO) 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.


Cool Co Dividend Yield % Related Terms

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Cool Co (Cool Co) Business Description

Traded in Other Exchanges
Address
9 Par-La-Ville Road, 2nd Floor, S.E. Pearman Building, Hamilton, BMU, HM 11
Cool Co Ltd is a LNG shipping company. The company operates and manages the fuel-efficient LNGCs providing critical supply chain support to the international energy industry and flexible LNG transportation solutions, providing a lesser-emitting form of energy to help enable decarbonization efforts. Geographical presence of the company is in Singapore, Europe, Asia, Dutch, Japan and other International LNG trader.