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.
Odfjell Drilling Forward Dividend Yield % Related Terms
FRA:OD3 vs NE, RIG, VAL: Forward Dividend Yield % Comparison
For the Oil & Gas Drilling subindustry, Odfjell Drilling'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.
Odfjell Drilling Forward Dividend Yield % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Odfjell Drilling's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Odfjell Drilling's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Odfjell Drilling Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
NOK 2.314800
2026-05-27
2026-05-28
2026-06-09
Cash Dividend
quarterly
NOK:EUR 0.092648
NOK 2.229200
2026-03-04
2026-03-05
2026-03-19
Cash Dividend
quarterly
NOK:EUR 0.088760
NOK 2.014800
2025-11-12
2025-11-13
2025-11-26
Cash Dividend
quarterly
NOK:EUR 0.085393
NOK 1.804300
2025-09-03
2025-09-04
2025-09-17
Cash Dividend
quarterly
NOK:EUR 0.085336
* 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.
Odfjell Drilling's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.8578463616
/
7.49
=
11.45 %
Current Share Price is €7.49. Odfjell Drilling's Dividends per Share for the forward twelve months is calculated as €0.2144615904 * 4 = €0.8578463616.
Odfjell Drilling's Trailing Annual Dividend Yield (%) for Today is calculated as
* 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.
What does a Forward Dividend Yield % of 11.34% mean?
Odfjell Drilling (FRA:OD3) has a Forward Dividend Yield % of 11.34% as of Jun. 28, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Odfjell Drilling and its competitors. According to the industry distribution chart, Odfjell Drilling ranks #36 out of 494 companies in the Oil & Gas industry, placing it in the top 7.3%.
Is Odfjell Drilling's Forward Dividend Yield % too high?
Odfjell Drilling's current Forward Dividend Yield % is 11.34%. The Oil & Gas industry median Forward Dividend Yield % is 4.16. Odfjell Drilling's value of 11.34% is 172.9% above this industry median. Based on the distribution chart, Odfjell Drilling ranks #36 out of 494 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Odfjell Drilling has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Odfjell Drilling's Forward Dividend Yield % compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Odfjell Drilling ranks #36 out of 494 companies for Forward Dividend Yield %. This places Odfjell Drilling in the top 7% of its industry — outperforming the majority of peers. The industry median Forward Dividend Yield % is 4.16. Odfjell Drilling's value of 11.34% is 172.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for an Oil & Gas company?
The median Forward Dividend Yield % among Oil & Gas companies is 4.16, based on 494 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Odfjell Drilling's current Forward Dividend Yield % of 11.34% is 172.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Odfjell Drilling and its competitors. For the Oil & Gas industry, the median Forward Dividend Yield % is 4.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Odfjell Drilling's current Forward Dividend Yield % is 11.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Odfjell Drilling stock overvalued right now?
Based on GuruFocus' analysis, Odfjell Drilling (FRA:OD3) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.38, compared to a current price of €7.49 — trading 17.4% above its estimated fair value. The current Forward Dividend Yield % is 11.34% and 172.9% above the Oil & Gas industry median of 4.16. Odfjell Drilling's overall GF Score™ is 76/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Odfjell Drilling (FRA:OD3), the current Forward Dividend Yield % is 11.34% as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Odfjell Drilling (FRA:OD3) Overvalued in 2026?
Based on GuruFocus' analysis, Odfjell Drilling stock appears to be overvalued.
The current stock price of €7.49 is trading 17.4% above its estimated GF Value™ of €6.38.
GuruFocus considers Odfjell Drilling to be Modestly Overvalued.
Key valuation signals for FRA:OD3:
Forward Dividend Yield %: 11.34%
GF Value™: €6.38 vs. price of €7.49 (17.4% above fair value)
Industry Position: 172.9% above the Oil & Gas median (#36 of 494)
No single metric tells the full story. See the FRA:OD3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Odfjell Drilling Ltd is an integrated offshore drilling and oil service company. The company and its subsidiaries operate mobile offshore drilling units. It operates in the segments Own Fleet and External Fleet. The Own Fleet segment operates mobile offshore drilling units owned by Odfjell Drilling. The External Fleet segment offers management services to other owners of drilling units, mainly operational management, management of regulatory requirements, marketing, contract negotiations, client relations, preparations for the operation, and mobilization. The majority of revenue is generated from the Own Fleet segment. Geographically, it generates the majority of its revenue from Norway.
76GF Score
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