GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Coterra Energy Inc (NYSE:CTRA) » Definitions » 3-Year Dividend Growth Rate

CTRA (Coterra Energy) 3-Year Dividend Growth Rate : 43.00% (As of Sep. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Coterra Energy 3-Year Dividend Growth Rate?

Coterra Energy's Dividends per Share for the three months ended in Sep. 2024 was $0.21.

The historical rank and industry rank for Coterra Energy's 3-Year Dividend Growth Rate or its related term are showing as below:

CTRA' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -8.6   Med: 22.9   Max: 92.3
Current: 43

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Coterra Energy was 92.30% per year. The lowest was -8.60% per year. And the median was 22.90% per year.

CTRA's 3-Year Dividend Growth Rate is ranked better than
76.16% of 302 companies
in the Oil & Gas industry
Industry Median: 15.3 vs CTRA: 43.00

During the past 12 months, Coterra Energy's average Dividends Per Share Growth Rate was -49.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 43.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 49.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 43.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Coterra Energy's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.62. As of today, Coterra Energy's Dividend Yield % is 3.35%.

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


Competitive Comparison of Coterra Energy's 3-Year Dividend Growth Rate

For the Oil & Gas E&P subindustry, Coterra Energy's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Coterra Energy's 3-Year Dividend Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Coterra Energy's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Coterra Energy's 3-Year Dividend Growth Rate falls into.



Coterra Energy 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Coterra Energy  (NYSE:CTRA) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Coterra Energy's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.21/ 0.337
=0.62

During the past 13 years, the highest Dividend Payout Ratio of Coterra Energy was 0.80. The lowest was 0.06. And the median was 0.24.

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

Coterra Energy Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2100002024-11-142024-11-142024-11-27Cash DividendquarterlyUSD:USD 1.000000
USD 0.2100002024-08-152024-08-152024-08-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2100002024-05-152024-05-162024-05-30Cash DividendquarterlyUSD:USD 1.000000
USD 0.2100002024-03-132024-03-142024-03-28Cash 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.

Coterra Energy's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.84/25.35
=3.31 %

Current Share Price is $25.35.
Coterra Energy's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.84.

During the past 13 years, the highest Dividend Yield of Coterra Energy was 10.74%. The lowest was 0.23%. And the median was 1.86%.

* 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.


Coterra Energy 3-Year Dividend Growth Rate Related Terms>


Coterra Energy Business Description

Industry
Traded in Other Exchanges
Address
840 Gessner Road, Suite 1400, Three Memorial City Plaza, Houston, TX, USA, 77024
Coterra Energy Inc is an independent oil and gas company engaged in the development, exploration, and production of oil, natural gas, and NGLs. The company's operations are primarily concentrated in three core operating areas; the Permian Basin in west Texas and southeast New Mexico, the Marcellus Shale in northeast Pennsylvania, and the Anadarko Basin in the Mid-Continent region in Oklahoma.
Executives
Kevin William Smith officer: VP & Chief Technology Officer 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Adam M Vela officer: VP & General Counsel 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Todd M Roemer officer: Controller 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Michael D. Deshazer officer: VP - Business Units THREE MEMORIAL CITY PLAZA, 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Thomas E Jorden director, officer: CEO and President C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Dan O Dinges director PO BOX 4544, PO BOX 4544, HOUSTON TX 77210-4544
Andrea Alexander officer: SVP & Chief HR Officer C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Young, Iii Shannon E. officer: EVP & Chief Financial Officer COBALT CENTER, 920 MEMORIAL CITY WAY, SUITE 100, HOUSTON TX 77024
Scott C Schroeder officer: Executive Vice President & CFO CABOT OIL & GAS CORPORATION, PO BOX 4544, HOUSTON TX 77210-4544
Hans Helmerich director C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Blake A Sirgo officer: SVP - Operations 1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
Stephen P Bell officer: Ex VP C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Steven W Lindeman officer: Sr. Vice Pres, South Reg & Eng 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Francis Brian Barron officer: Sr VP - General Counsel 1099 18TH STREET, SUITE 2300, DENVER CO 80202
Gary J. Hlavinka officer: Vice President, (MBU) 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024