Dragon Oil (LSE:DGO) Forward Dividend Yield % : 0.00% (As of Jun. 16, 2024)

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What is Dragon Oil Forward Dividend Yield %?

As of today (2024-06-16), the Forward Annual Dividend Yield of Dragon Oil is 0.00%.

As of today (2024-06-16), the Trailing Annual Dividend Yield of Dragon Oil is 2.81%.

LSE:DGO's Forward Dividend Yield % is not ranked ^*
in the Oil & Gas industry.
Industry Median: 4.45
* Ranked among companies with meaningful Forward Dividend Yield % only.

Dragon Oil's Dividends per Share for the six months ended in Jun. 2015 was £0.10.

During the past 12 months, Dragon Oil's average Dividends Per Share Growth Rate was 10.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 18.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Dragon Oil was 18.20% per year. The lowest was 0.00% per year. And the median was 0.00% per year.

The growth rate is calculated with least square regression.

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

Competitive Comparison of Dragon Oil's Forward Dividend Yield %

For the Oil & Gas E&P subindustry, Dragon Oil'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.

Dragon Oil's Forward Dividend Yield % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Dragon Oil's Forward Dividend Yield % falls into.

Dragon Oil Forward Dividend Yield % Calculation

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

Dragon Oil (LSE:DGO) Forward 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.

Dragon Oil Forward Dividend Yield % Related Terms

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Dragon Oil (LSE:DGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dragon Oil PLC (LSE:DGO) » Definitions » Forward Dividend Yield %

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Traded in Other Exchanges

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Address

Website

http://www.dragonoil.com

Dragon Oil PLC is an independent oil and gas exploration, development and production company. The Company's producing asset is the Cheleken Contract Area, in the eastern section of the Caspian Sea, offshore Turkmenistan. It has exploration blocks offshore Tunisia (the Bargou Exploration Permit), in Iraq (Block 9), Afghanistan (Sanduqli and Mazar-i-Sharif blocks), offshore the Philippines (Service Contract 63) in partnership with other companies and Block 19 in Egypt. The Company develops the hydrocarbon reserves in the Cheleken Contract Area in accordance with the terms of the Production Sharing Agreement (PSA). As at 31 December 2014 the Company had probably oil reserves of 663 million barrels of oil and condensate, gas 2P reserves and contingent gas resources of c. 2.7 TCF. The Bargou Exploration Permit contains prospective resources, while Block 9, Sanduqli and Mazar-i-Sharif blocks and Block 19 are at an early stage of exploration. The Company is subject to the international laws and regulations that it operates in.

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