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Kinetik Holdings (Kinetik Holdings) Forward Dividend Yield % : 7.65% (As of Apr. 26, 2024)


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What is Kinetik Holdings Forward Dividend Yield %?

As of today (2024-04-26), the Forward Annual Dividend Yield of Kinetik Holdings is 7.65%.

As of today (2024-04-26), the Trailing Annual Dividend Yield of Kinetik Holdings is 7.65%.

KNTK's Forward Dividend Yield % is ranked better than
77.53% of 494 companies
in the Oil & Gas industry
Industry Median: 4.225 vs KNTK: 7.65

Kinetik Holdings's Dividends per Share for the three months ended in Dec. 2023 was $0.75.

During the past 12 months, Kinetik Holdings's average Dividends Per Share Growth Rate was 33.30% 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 Kinetik Holdings's Forward Dividend Yield %

For the Oil & Gas Midstream subindustry, Kinetik Holdings'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.


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

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

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



Kinetik Holdings Forward Dividend Yield % Calculation

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

Kinetik Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.7502024-04-262024-04-292024-05-09Cash DividendquarterlyUSD:USD 1.000000
USD 0.7502024-02-212024-02-222024-03-07Cash DividendquarterlyUSD:USD 1.000000
USD 0.7502023-11-102023-11-132023-11-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.7502023-08-032023-08-042023-08-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.7502023-05-042023-05-052023-05-17Cash 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.

Kinetik Holdings's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=3/39.20
=7.65 %

Current Share Price is $39.20.
Kinetik Holdings's Dividends per Share for the forward twelve months is calculated as $0.75 * 4 = $3.

Kinetik Holdings's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=3.75/39.20
=9.57 %

Current Share Price is $39.20.
Kinetik Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.75.

* 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.


Kinetik Holdings  (NYSE:KNTK) 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.


Kinetik Holdings Forward Dividend Yield % Related Terms

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Kinetik Holdings (Kinetik Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2700 Post Oak Boulevard, Suite 300, Houston, TX, USA, 77056-4400
Kinetik is a midstream operator that provides gathering and processing services to gas and oil producers as well as pipeline transportation. It operates exclusively in Texas, serving the Permian Basin and connecting fields with market hubs and other large pipelines. In addition to directly operating pipelines, Kinetik also holds ownership stakes in several pipelines that transport molecules to the Gulf Coast enabling it to obtain exposure to export markets and international demand.
Executives
Kevin S Mccarthy director C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
Jamie Welch director, officer: See Remarks 3738 OAK LAWN AVE., DALLAS TX 75219
Apache Corp 10 percent owner 2000 POST OAK BLVD, STE 100, HOUSTON TX 77056-4400
Trevor Howard officer: See Remark 2700 POST OAK BLVD., SUITE 300, HOUSTON TX 77056
Todd Carpenter officer: See Remarks 2001 BRYAN STREET, SUITE 3700, DALLAS TX 75201
Matthew Wall officer: Executive Vice President, COO 2700 POST OAK BLVD, SUITE 300, HOUSTON TX 77056
Steven Stellato officer: See Remarks 645 HAMILTON STREET, SUITE 500, ALLENTOWN PA 18101
Anne Psencik officer: Chief Strategy Officer 2700 POST OAK BLVD, SUITE 300, HOUSTON TX 77056
Jesse Krynak director 2700 POST OAK BLVD., SUITE 300, HOUSTON TX 77056
Deborah L Byers director C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Ronald Schweizer director 2700 POST OAK BLVD, SUITE 300, HOUSTON TX 77056
Bcp Vii/bep Ii Holdings Manager L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bcp Raptor Aggregator L.p. 10 percent owner 345 PARK AVENUE, 43RD FLOOR, NEW YORK NY 10154
I Squared Capital, Llc 10 percent owner 600 BRICKELL AVENUE, PENTHOUSE, MIAMI FL 33131-3067
John-paul Munfa director C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154