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High Arctic Energy Services (FRA:6LQ) Dividend Yield % : 2.16% (As of May. 27, 2024)


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What is High Arctic Energy Services Dividend Yield %?

As of today (2024-05-27), the Trailing Annual Dividend Yield of High Arctic Energy Services is 2.16%.

Warning Sign:

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

The historical rank and industry rank for High Arctic Energy Services's Dividend Yield % or its related term are showing as below:

FRA:6LQ' s Dividend Yield % Range Over the Past 10 Years
Min: 0.27   Med: 4.78   Max: 35.71
Current: 2.16

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%.

FRA:6LQ's Dividend Yield % is ranked worse than
77% of 500 companies
in the Oil & Gas industry
Industry Median: 4 vs FRA:6LQ: 2.16

High Arctic Energy Services's Dividend Payout Ratio for the three months ended in Mar. 2024 was 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.

As of today (2024-05-27), the Forward Dividend Yield % of High Arctic Energy Services is 0.00%.

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

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.

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.

The growth rate is calculated with least square regression.

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


High Arctic Energy Services Dividend Yield % Historical Data

The historical data trend for High Arctic Energy Services'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.

High Arctic Energy Services Dividend Yield % Chart

High Arctic Energy Services 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 9.03 6.33 - 3.22 5.32

High Arctic Energy Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.08 5.16 4.58 5.32 3.83

Competitive Comparison of High Arctic Energy Services's Dividend Yield %

For the Oil & Gas Equipment & Services subindustry, High Arctic Energy Services'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.


High Arctic Energy Services's Dividend Yield % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where High Arctic Energy Services's Dividend Yield % falls into.



High Arctic Energy Services Dividend Yield % Calculation

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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.01714152/0.955
=1.79 %

Current Share Price is €0.955.
High Arctic Energy Services's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.01714152.

* 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  (FRA:6LQ) 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.


High Arctic Energy Services Dividend Yield % Related Terms

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


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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