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Odfjell Drilling (OSL:ODL) Dividend Yield % : 3.72% (As of May. 06, 2024)


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What is Odfjell Drilling Dividend Yield %?

As of today (2024-05-06), the Trailing Annual Dividend Yield of Odfjell Drilling is 3.72%.

Good Sign:

Odfjell Drilling Ltd stock dividend yield is close to 5-year high.

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

OSL:ODL' s Dividend Yield % Range Over the Past 10 Years
Min: 0.98   Med: 1.75   Max: 5.51
Current: 3.72

During the past 13 years, the highest Dividend Yield of Odfjell Drilling was 5.51%. The lowest was 0.98%. And the median was 1.75%.

OSL:ODL's Dividend Yield % is ranked worse than
55.76% of 495 companies
in the Oil & Gas industry
Industry Median: 4.01 vs OSL:ODL: 3.72

Odfjell Drilling's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.60.

During the past 13 years, the highest Dividend Payout Ratio of Odfjell Drilling was 0.35. The lowest was 0.13. And the median was 0.24.

As of today (2024-05-06), the Forward Dividend Yield % of Odfjell Drilling is 4.90%.

Odfjell Drilling's Dividends per Share for the three months ended in Dec. 2023 was kr0.63.

The growth rate is calculated with least square regression.

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


Odfjell Drilling Dividend Yield % Historical Data

The historical data trend for Odfjell Drilling'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.

Odfjell Drilling Dividend Yield % Chart

Odfjell Drilling Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 3.25

Odfjell Drilling Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 1.69 3.25

Competitive Comparison of Odfjell Drilling's Dividend Yield %

For the Oil & Gas Drilling subindustry, Odfjell Drilling'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.


Odfjell Drilling's Dividend Yield % Distribution in the Oil & Gas Industry

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

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



Odfjell Drilling Dividend Yield % Calculation

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

Odfjell Drilling Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0600002024-03-012024-03-042024-03-14Cash DividendquarterlyUSD:NOK 10.721804
USD 0.0600002023-11-102023-11-132023-11-22Cash DividendquarterlyUSD:NOK 10.771700
USD 0.0600002023-09-012023-09-042023-09-13Cash DividendquarterlyUSD:NOK 10.677600

* 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.

Odfjell Drilling's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.93026624/50.90
=3.79 %

Current Share Price is kr50.90.
Odfjell Drilling's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr1.93026624.

Odfjell Drilling's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.57323296/50.90
=5.06 %

Current Share Price is kr50.90.
Odfjell Drilling's Dividends per Share for the forward twelve months is calculated as kr0.64330824 * 4 = kr2.57323296.

* 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.


Odfjell Drilling  (OSL:ODL) 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.


Odfjell Drilling Dividend Yield % Related Terms

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


Odfjell Drilling (OSL:ODL) Business Description

Traded in Other Exchanges
Address
Crawpeel Road, Bergen House, Altens, Aberdeen, GBR, AB12 3LG
Odfjell Drilling Ltd is an integrated offshore drilling and oil service company. The company and its subsidiaries operates mobile offshore drilling units. It operates in the segments Own Fleet, External Fleet and Corporate / other. The Own Fleet segment operates mobile offshore drilling units owned by Odfjell Drilling. The External Fleet segment offers management services to other owners of drilling units; mainly operational management, management of regulatory requirements, marketing, contract negotiations and client relations, preparations for operation and mobilisation. Majority of revenue is generated from Own Fleet segment. Geographically, It operates in Norway.

Odfjell Drilling (OSL:ODL) Headlines

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