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Tethys Oil AB (STU:TZB0) Forward Dividend Yield % : 15.21% (As of May. 24, 2024)


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What is Tethys Oil AB Forward Dividend Yield %?

As of today (2024-05-24), the Forward Annual Dividend Yield of Tethys Oil AB is 15.21%.

As of today (2024-05-24), the Trailing Annual Dividend Yield of Tethys Oil AB is 15.21%.

STU:TZB0's Forward Dividend Yield % is ranked better than
92.86% of 490 companies
in the Oil & Gas industry
Industry Median: 4.345 vs STU:TZB0: 15.21

Tethys Oil AB's Dividends per Share for the three months ended in Mar. 2024 was €0.00.

During the past 12 months, Tethys Oil AB's average Dividends Per Share Growth Rate was 140.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 39.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 26.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tethys Oil AB was 39.90% per year. The lowest was -0.30% per year. And the median was 21.80% 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 Tethys Oil AB's Forward Dividend Yield %

For the Oil & Gas E&P subindustry, Tethys Oil AB'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.


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

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

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



Tethys Oil AB Forward Dividend Yield % Calculation

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

Tethys Oil AB Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
SEK 2.0000002023-11-102023-11-132023-11-16Cash Dividendsemi-annuallySEK:EUR 0.088518
SEK 3.0000002023-06-122023-06-130000-00-00Cash DividendannuallySEK:EUR 0.085604

* 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.

Tethys Oil AB's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.354072/2.84
=12.47 %

Current Share Price is €2.84.
Tethys Oil AB's Dividends per Share for the forward twelve months is calculated as €0.177036 * 2 = €0.354072.

Tethys Oil AB's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.433848/2.84
=15.28 %

Current Share Price is €2.84.
Tethys Oil AB's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.433848.

* 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.


Tethys Oil AB  (STU:TZB0) 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.


Tethys Oil AB Forward Dividend Yield % Related Terms

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Tethys Oil AB (STU:TZB0) Business Description

Industry
Traded in Other Exchanges
Address
Hovslagargatan 5B, 1 tr, Stockholm, SWE, SE-111 48
Tethys Oil AB is a Sweden-based energy company. The company is focused on oil and gas exploration and production onshore areas with known discoveries. Its core area of focus is the Sultanate of Oman, where the company holds license interests in three onshore blocks Blocks 3 and 4, Block 49, Block 56, and Block 58. . Tethys Oil has licenses in three countries namely Oman, Lithuania, and France. The majority of its revenue is generated through its operations in Oman.

Tethys Oil AB (STU:TZB0) Headlines

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