During the past 12 months, Gulf Coast Ultra Deep Royalty Trust's average Dividends Per Share Growth Rate was -42.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 58.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 9.30% per year.
During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Gulf Coast Ultra Deep Royalty Trust was 58.70% per year. The lowest was -30.70% per year. And the median was 20.50% 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 Gulf Coast Ultra Deep Royalty Trust's Forward Dividend Yield %
For the Oil & Gas E&P subindustry, Gulf Coast Ultra Deep Royalty Trust'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.
Gulf Coast Ultra Deep Royalty Trust's Forward Dividend Yield % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Gulf Coast Ultra Deep Royalty Trust's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Gulf Coast Ultra Deep Royalty Trust's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Gulf Coast Ultra Deep Royalty Trust Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.001
2023-04-27
2023-04-28
2023-05-12
Cash Dividend
quarterly
USD: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.
* 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.
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.
Gulf Coast Ultra Deep Royalty Trust Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Gulf Coast Ultra Deep Royalty Trust's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Gulf Coast Ultra Deep Royalty Trust (Gulf Coast Ultra Deep Royalty Trust) Business Description
Gulf Coast Ultra Deep Royalty Trust is a statutory trust. It holds overriding royalty interests in future production from each of McMoRan Oil & Gas LLC's Inboard Lower Tertiary/Cretaceous exploration prospects located in South Louisiana. The Royalty Trust holds short-term investments acquired with funds that it holds for the payment of its administrative and other expenses. The company's subject interests consist of approximately Inboard Lower Tertiary/Cretaceous. Its offshore subject interests consist of exploration prospects, including Barataria; Barbosa; Blackbeard East; Blackbeard West; Bonnet; Calico Jack; Captain Blood; Davy Jones; Davy Jones West; Drake; England; Hook and Hurricane, Lafitte, Morgan. The onshore subject interests consist of Highlander, Lineham Creek, and Tortuga.
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