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Ecopetrol (MEX:EC) 3-Year Dividend Growth Rate : 39.30% (As of Sep. 2024)


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What is Ecopetrol 3-Year Dividend Growth Rate?

Ecopetrol's Dividends per Share for the three months ended in Sep. 2024 was MXN0.00.

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

MEX:EC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -53.4   Med: 8   Max: 98.5
Current: 39.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ecopetrol was 98.50% per year. The lowest was -53.40% per year. And the median was 8.00% per year.

MEX:EC's 3-Year Dividend Growth Rate is ranked better than
74.09% of 301 companies
in the Oil & Gas industry
Industry Median: 15.4 vs MEX:EC: 39.30

During the past 12 months, Ecopetrol's average Dividends Per Share Growth Rate was 35.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 39.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 22.90% 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.

Ecopetrol's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.00. As of today, Ecopetrol's Dividend Yield % is 24.50%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ecopetrol SA is 1.18, which seems too high.

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


Competitive Comparison of Ecopetrol's 3-Year Dividend Growth Rate

For the Oil & Gas Integrated subindustry, Ecopetrol'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.


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

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

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



Ecopetrol 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.


Ecopetrol  (MEX:EC) 3-Year Dividend Growth Rate Explanation

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

Ecopetrol'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/ 8.369
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Ecopetrol was 8.24. The lowest was 0.04. And the median was 0.49.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ecopetrol SA is 1.18, which seems too high.

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

Ecopetrol Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.6679482024-06-252024-06-252024-07-03Cash DividendquarterlyUSD:MXN 18.194600
USD 0.7318102024-04-042024-04-052024-04-10Cash DividendquarterlyUSD:MXN 16.800800
USD 0.8254002023-12-192023-12-202023-12-29Cash DividendquarterlyUSD:MXN 17.192700

* 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=38.6388947088/156.00
=24.77 %

Current Share Price is MXN156.00.
Ecopetrol's Dividends per Share for the trailing twelve months (TTM) ended in Today is MXN38.6388947088.

During the past 13 years, the highest Dividend Yield of Ecopetrol was 31.97%. The lowest was 0.47%. And the median was 8.05%.

* 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.


Ecopetrol 3-Year Dividend Growth Rate Related Terms>


Ecopetrol Business Description

Industry
Address
Carrera 13 No. 36 - 24, Main Building, Bogota, COL
Ecopetrol SA is engaged in commercial and industrial activities related to the exploration, exploitation, refining, transportation, storage, distribution, and marketing of hydrocarbons, their derivatives, and products, as well as the electric power transmission services, design, development, construction, operation, and maintenance of road and energy infrastructure projects and the provision of information technology and telecommunications services. The operations of the company are performed through four business segments: Exploration and Production, Transport and Logistics, Refining and Petrochemical, and Electric Power Transmission and Toll Roads Concessions. The majority of the company's revenue is generated from the Refining and Petrochemical segment.