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High Arctic Energy Services (FRA:6LQ) 3-Year Dividend Growth Rate : 10.90% (As of Mar. 2024)


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What is High Arctic Energy Services 3-Year Dividend Growth Rate?

High Arctic Energy Services's Dividends per Share for the three months ended in Mar. 2024 was €0.00.

The historical rank and industry rank for High Arctic Energy Services's 3-Year Dividend Growth Rate or its related term are showing as below:

FRA:6LQ' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -45   Med: 3.6   Max: 35.3
Current: 10.9

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of High Arctic Energy Services was 35.30% per year. The lowest was -45.00% per year. And the median was 3.60% per year.

FRA:6LQ's 3-Year Dividend Growth Rate is ranked worse than
55.02% of 309 companies
in the Oil & Gas industry
Industry Median: 14.5 vs FRA:6LQ: 10.90

During the past 12 months, High Arctic Energy Services's average Dividends Per Share Growth Rate was -45.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

High Arctic Energy Services's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, High Arctic Energy Services's Dividend Yield % is 2.16%.

Warning Sign:

High Arctic Energy Services Inc stock dividend yield is close to 1-year low.

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


Competitive Comparison of High Arctic Energy Services's 3-Year Dividend Growth Rate

For the Oil & Gas Equipment & Services subindustry, High Arctic Energy Services's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


High Arctic Energy Services's 3-Year Dividend Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, High Arctic Energy Services's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where High Arctic Energy Services's 3-Year Dividend Growth Rate falls into.



High Arctic Energy Services 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


High Arctic Energy Services  (FRA:6LQ) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

High Arctic Energy Services's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0/ 0.046
=0.00

During the past 13 years, the highest Dividend Payout Ratio of High Arctic Energy Services was 0.86. The lowest was 0.19. And the median was 0.44.

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

High Arctic Energy Services Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0050002023-09-282023-09-292023-10-16Cash DividendmonthlyCAD:EUR 0.689452
CAD 0.0050002023-08-302023-08-312023-09-14Cash DividendmonthlyCAD:EUR 0.677303
CAD 0.0050002023-07-282023-07-312023-08-14Cash DividendmonthlyCAD:EUR 0.686930
CAD 0.0050002023-06-292023-06-302023-07-14Cash DividendmonthlyCAD:EUR 0.697551
CAD 0.0050002023-05-302023-05-312023-06-14Cash DividendmonthlyCAD:EUR 0.677068

* 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.

High Arctic Energy Services's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.01714152/0.95
=1.80 %

Current Share Price is €0.95.
High Arctic Energy Services's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.01714152.

During the past 13 years, the highest Dividend Yield of High Arctic Energy Services was 35.71%. The lowest was 0.27%. And the median was 4.78%.

Warning Sign:

High Arctic Energy Services Inc stock dividend yield is close to 1-year low.

* 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.


High Arctic Energy Services 3-Year Dividend Growth Rate Related Terms>


High Arctic Energy Services (FRA:6LQ) Business Description

Traded in Other Exchanges
Address
330 - 5th Ave SW., Suite 2350, Calgary, AB, CAN, T2P 0L4
High Arctic Energy Services Inc is engaged in providing contract drilling, well servicing, completion services, equipment rentals, and other oilfield services to the oil and natural gas industry in Papua New Guinea and Canada. The operating segments of the company are the Drilling Services segment which consists of drilling services; the Production Services segment which consists of well servicing and snubbing services; the Ancillary Services segment which provides rental equipment, nitrogen transport services, and engineering consulting to various companies within the oil and gas sector and Corporate segment. The Production Services segment generates the company's revenue.

High Arctic Energy Services (FRA:6LQ) Headlines

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