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Borr Drilling (OSL:BORR) Forward Dividend Yield % : 1.75% (As of Apr. 30, 2024)


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What is Borr Drilling Forward Dividend Yield %?

As of today (2024-04-30), the Forward Annual Dividend Yield of Borr Drilling is 1.75%.

As of today (2024-04-30), the Trailing Annual Dividend Yield of Borr Drilling is 1.75%.

OSL:BORR's Forward Dividend Yield % is ranked worse than
82.53% of 498 companies
in the Oil & Gas industry
Industry Median: 4.24 vs OSL:BORR: 1.75

Borr Drilling's Dividends per Share for the three months ended in Dec. 2023 was kr0.54.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Borr Drilling's Forward Dividend Yield %

For the Oil & Gas Drilling subindustry, Borr 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.


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

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

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



Borr Drilling Forward Dividend Yield % Calculation

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

Borr Drilling Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0500002024-03-012024-03-042024-03-21Cash DividendquarterlyUSD:NOK 10.871436
NOK 0.5240002024-01-022024-01-032024-01-25Cash DividendquarterlyNOK:NOK 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.

Borr Drilling's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.1742872/59.05
=3.68 %

Current Share Price is kr59.05.
Borr Drilling's Dividends per Share for the forward twelve months is calculated as kr0.5435718 * 4 = kr2.1742872.

Borr Drilling's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.0675718/59.05
=1.81 %

Current Share Price is kr59.05.
Borr Drilling's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr1.0675718.

* 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.


Borr Drilling  (OSL:BORR) 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.


Borr Drilling Forward Dividend Yield % Related Terms

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Borr Drilling (OSL:BORR) Business Description

Industry
Traded in Other Exchanges
Address
9 Par-la-Ville Road, S.E. Pearman Building, 2nd Floor, Hamilton, BMU, HM11
Borr Drilling Ltd is a drilling contractor that owns and operates jack-up rigs of modern and high-specification designs providing drilling services to the oil and gas exploration and production industry. The company operates a fleet of 16 jack-up drilling rigs. Geographically the activities are carried out through Norway.