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Helmerich & Payne (Helmerich & Payne) 3-Year Dividend Growth Rate

: -6.60% (As of Dec. 2023)
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Helmerich & Payne's Dividends per Share for the three months ended in Dec. 2023 was $0.42.

The historical rank and industry rank for Helmerich & Payne's 3-Year Dividend Growth Rate or its related term are showing as below:

HP' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -29.4   Med: 3.4   Max: 114.2
Current: -6.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Helmerich & Payne was 114.20% per year. The lowest was -29.40% per year. And the median was 3.40% per year.

HP's 3-Year Dividend Growth Rate is ranked worse than
86.89% of 305 companies
in the Oil & Gas industry
Industry Median: 14.5 vs HP: -6.60

During the past 12 months, Helmerich & Payne's average Dividends Per Share Growth Rate was 51.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -6.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -15.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -2.60% 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.

Helmerich & Payne's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.47. As of today, Helmerich & Payne's Dividend Yield % is 4.30%.

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


Competitive Comparison

For the Oil & Gas Drilling subindustry, Helmerich & Payne'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.


Helmerich & Payne 3-Year Dividend Growth Rate Distribution

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

* The bar in red indicates where Helmerich & Payne's 3-Year Dividend Growth Rate falls into.



Helmerich & Payne 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.


Helmerich & Payne  (NYSE:HP) 3-Year Dividend Growth Rate Explanation

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

Helmerich & Payne's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.42/ 0.895
=0.47

During the past 13 years, the highest Dividend Payout Ratio of Helmerich & Payne was 20.00. The lowest was 0.40. And the median was 0.66.

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

Helmerich & Payne Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4202024-02-122024-02-132024-02-27Cash DividendquarterlyUSD:USD 1.000000
USD 0.4202023-11-172023-11-202023-12-04Cash DividendquarterlyUSD:USD 1.000000
USD 0.4852023-08-162023-08-172023-08-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.4852023-05-172023-05-182023-06-01Cash 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.

Helmerich & Payne's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.81/41.96
=4.31 %

Current Share Price is $41.96.
Helmerich & Payne's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.81.

During the past 13 years, the highest Dividend Yield of Helmerich & Payne was 21.58%. The lowest was 0.55%. And the median was 4.29%.

* 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.


Helmerich & Payne 3-Year Dividend Growth Rate Related Terms>


Helmerich & Payne (Helmerich & Payne) Business Description

Industry
Traded in Other Exchanges
Address
1437 South Boulder Avenue, Suite 1400, Tulsa, OK, USA, 74119
Helmerich & Payne has the largest fleet of U.S. land drilling rigs. The company's FlexRig line is the leading choice to drill horizontal wells for production of U.S. tight oil and gas. H&P is present in nearly every major U.S. shale play and also has a small but growing presence internationally.
Executives
Adams Raymond John Iii officer: SVP Sales, Marketing & Digital 1437 S. BOULDER AVE., SUITE 1400, TULSA OK 74119
Hans Helmerich director C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Elizabeth R Killinger director NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540
John W Lindsay director, officer: President and CEO 1437 S. BOULDER AVE., SUITE 1400, TULSA OK 74119
John R. Bell officer: SVP, Int'l & Offshore Ops, sub 1437 S. BOULDER AVE., SUITE 1400, TULSA OK 74119
Mark W. Smith officer: Senior VP and CFO 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Cara M. Hair officer: SVP, Corp. Services & CLO 1437 S. BOULDER AVE., SUITE 1400, TULSA OK 74119
Sara Marie Momper officer: VP, CAO 1437 S. BOULDER AVE., SUITE 1400, TULSA OK 74119
Michael Lennox officer: SVP, US Land Ops, drilling sub 1437 S. BOULDER AVE., SUITE 140, TULSA OK 74119
Todd Willard Benson officer: President of H&P Technologies 1437 S. BOULDER AVENUE, SUITE 1400, TULSA OK 74119
Belgacem Chariag director TECHNO PARK, SHEIKH ZAYED ROAD, DUBAI C0 00000
Mary M Vandeweghe director 1601 W. DIEHL ROAD, NAPERVILLE IL 60563
Kevin G. Cramton director 502 SAINT DAVIDS AVENUE, WAYNE PA 19087
Delaney Murchison Bellinger director 524 E. 24TH STREET, HOUSTON TX 77008
Jose Ramon Mas director 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134