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VOC Energy Trust (VOC Energy Trust) 3-Year Dividend Growth Rate : 58.40% (As of Dec. 2023)


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What is VOC Energy Trust 3-Year Dividend Growth Rate?

VOC Energy Trust's Dividends per Share for the three months ended in Dec. 2023 was $0.23.

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

VOC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -44.6   Med: -0.6   Max: 58.4
Current: 58.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of VOC Energy Trust was 58.40% per year. The lowest was -44.60% per year. And the median was -0.60% per year.

VOC's 3-Year Dividend Growth Rate is ranked better than
84.44% of 302 companies
in the Oil & Gas industry
Industry Median: 14.5 vs VOC: 58.40

During the past 12 months, VOC Energy Trust's average Dividends Per Share Growth Rate was -29.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 58.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -4.00% 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.

VOC Energy Trust's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.00. As of today, VOC Energy Trust's Dividend Yield % is 13.73%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of VOC Energy Trust is 1.00, which seems too high.

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


Competitive Comparison of VOC Energy Trust's 3-Year Dividend Growth Rate

For the Oil & Gas E&P subindustry, VOC Energy Trust'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.


VOC Energy Trust's 3-Year Dividend Growth Rate Distribution in the Oil & Gas Industry

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

* The bar in red indicates where VOC Energy Trust's 3-Year Dividend Growth Rate falls into.



VOC Energy Trust 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.


VOC Energy Trust  (NYSE:VOC) 3-Year Dividend Growth Rate Explanation

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

VOC Energy Trust'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 )
=0.225/ 0.225
=1.00

During the past 13 years, the highest Dividend Payout Ratio of VOC Energy Trust was 1.00. The lowest was 1.00. And the median was 1.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of VOC Energy Trust is 1.00, which seems too high.

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

VOC Energy Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1902024-01-292024-01-302024-02-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.2252023-10-272023-10-302023-11-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.2102023-07-282023-07-312023-08-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.2302023-04-282023-05-012023-05-12Cash 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.

VOC Energy Trust's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.855/6.23
=13.72 %

Current Share Price is $6.23.
VOC Energy Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.855.

During the past 13 years, the highest Dividend Yield of VOC Energy Trust was 44.84%. The lowest was 3.07%. And the median was 13.01%.

* 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.


VOC Energy Trust 3-Year Dividend Growth Rate Related Terms>


VOC Energy Trust (VOC Energy Trust) Business Description

Industry
Traded in Other Exchanges
N/A
Address
601 Travis Street, Floor 16, Global Corporate Trust, Houston, TX, USA, 77002
VOC Energy Trust is a statutory trust. It is created to acquire and hold a term net profits interest for the benefit of the Trust unitholders. The underlying properties include VOC Brazos' net interests which are located in the states of Kansas and Texas. The trust is entitled to receive most of the net proceeds from the sale of production of oil and natural gas attributable to the underlying properties.

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