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Unit (UNTC) Forward Dividend Yield % : 13.09% (As of Apr. 29, 2024)


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What is Unit Forward Dividend Yield %?

As of today (2024-04-29), the Forward Annual Dividend Yield of Unit is 13.09%.

As of today (2024-04-29), the Trailing Annual Dividend Yield of Unit is 22.86%.

UNTC's Forward Dividend Yield % is ranked better than
91.57% of 498 companies
in the Oil & Gas industry
Industry Median: 4.225 vs UNTC: 13.09

Unit's Dividends per Share for the three months ended in Dec. 2023 was $2.50.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Unit's Forward Dividend Yield %

For the Oil & Gas Integrated subindustry, Unit'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.


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

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

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



Unit Forward Dividend Yield % Calculation

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

Unit Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.2502024-03-152024-03-182024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 2.5002023-12-152023-12-182023-12-27Cash DividendquarterlyUSD:USD 1.000000
USD 2.5002023-09-142023-09-152023-09-26Cash DividendquarterlyUSD:USD 1.000000
USD 2.5002023-06-152023-06-162023-06-26Cash 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.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=5/38.23
=13.08 %

Current Share Price is $38.23.
Unit's Dividends per Share for the forward twelve months is calculated as $1.25 * 4 = $5.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=8.75/38.23
=22.89 %

Current Share Price is $38.23.
Unit's Dividends per Share for the trailing twelve months (TTM) ended in Today is $8.75.

* 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.


Unit  (OTCPK:UNTC) 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.


Unit Forward Dividend Yield % Related Terms

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Unit (UNTC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
8200 South Unit Drive, Tulsa, OK, USA, 74132
Unit Corp is an oil and natural gas contract drilling company. The company is also in exploration and production and mid-stream areas. There are three segments which include Oil and Natural gas, Contract Drilling and Mid-stream. The oil and natural gas segment is engaged in the development, acquisition, and production of oil, NGLs, and natural gas properties. The contract drilling segment is engaged in the land contract drilling of oil and natural gas wells and the mid-stream segment is engaged in the buying, selling, gathering, processing, and treating of natural gas. Majority of revenue is generated from Oil and Natural Gas.
Executives
Micheal L Hicks officer: President, Superior Pipeline 8200 S. UNIT DRIVE, TULSA OK 74132
Peyton G Bailey Iv director 8200 S. UNIT DRIVE, TULSA OK 74132
George L Austin officer: Sr. VP and CFO C/O CYPRESS ENERGY PARTNERS, L.P., 5727 S LEWIS AVENUE, SUITE 500, TULSA OK 74105
David P Dunham officer: Sr VP Business Development 8200 S. UNIT DRIVE, TULSA OK 74132
Frank Q Young officer: Executive Vice President, UPC 8200 S. UNIT DRIVE, TULSA OK 74132
Carla S Mashinski director 8200 S. UNIT DRIVE, TULSA OK 74132
Larry C Payne director 8200 S. UNIT DRIVE, TULSA OK 74132
Don A Hayes officer: Controller 8200 S. UNIT DRIVE, TULSA OK 74132
Steven B Hildebrand director 8200 S. UNIT DRIVE, TULSA OK 74132
Brad Guidry officer: Senior Vice President, UPC 8200 S. UNIT DRIVE, TULSA OK 74132
John Cromling officer: Executive Vice President, UDC 8200 S. UNIT DRIVE, TULSA OK 74132
Robert Parks officer: Manager, Superior Pipeline 8200 S. UNIT DRIVE, TULSA OK 74132
Sullivan Robert J Jr director 8200 S. UNIT DRIVE, TULSA OK 74132
Gary R Christopher director 8200 S. UNIT DRIVE, TULSA OK 74132
George Kaiser Family Foundation 10 percent owner 7030 SOUTH YALE AVENUE, SUITE 600, TULSA OK 74136

Unit (UNTC) Headlines