Ocean Rig UDW (FRA:9ORN) Forward Dividend Yield % : 0.00% (As of Jun. 07, 2024)

View and export this data going back to 2014. Start your Free Trial

What is Ocean Rig UDW Forward Dividend Yield %?

As of today (2024-06-07), the Forward Annual Dividend Yield of Ocean Rig UDW is 0.00%.

As of today (2024-06-07), the Trailing Annual Dividend Yield of Ocean Rig UDW is 0.00%.

FRA:9ORN's Forward Dividend Yield % is not ranked ^*
in the Oil & Gas industry.
Industry Median: 4.42
* Ranked among companies with meaningful Forward Dividend Yield % only.

Ocean Rig UDW's Dividends per Share for the three months ended in Sep. 2018 was €0.00.

The growth rate is calculated with least square regression.

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

Competitive Comparison of Ocean Rig UDW's Forward Dividend Yield %

For the Oil & Gas Drilling subindustry, Ocean Rig UDW's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.

Ocean Rig UDW's Forward Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ocean Rig UDW's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Ocean Rig UDW's Forward Dividend Yield % falls into.

Ocean Rig UDW Forward Dividend Yield % Calculation

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

Ocean Rig UDW (FRA:9ORN) Forward 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.

Ocean Rig UDW Forward Dividend Yield % Related Terms

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

Ocean Rig UDW (FRA:9ORN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ocean Rig UDW Inc (FRA:9ORN) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.ocean-rig.com

Ocean Rig UDW Inc is an international offshore drilling contractor. It provides oilfield services for offshore oil and gas exploration, development and production drilling and specializing in the ultra-deepwater and harsh-environment segment of the offshore drilling industry. The company employs drilling units primarily on a day rate basis for periods of between two months and six years to drill wells for its customers, typically major oil companies, integrated oil and gas companies, state-owned national oil companies and independent oil and gas companies.

Ocean Rig UDW (FRA:9ORN) Headlines

No Headlines