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Comstock Resources (STU:CX91) 3-Year Dividend Growth Rate : 0.00% (As of Mar. 2024)


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What is Comstock Resources 3-Year Dividend Growth Rate?

Comstock Resources's Dividends per Share for the three months ended in Mar. 2024 was €0.00.

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

STU:CX91's 3-Year Dividend Growth Rate is not ranked *
in the Oil & Gas industry.
Industry Median: 14.5
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 12 months, Comstock Resources's average Dividends Per Share Growth Rate was 50.00% 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.

Comstock Resources's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Comstock Resources's Dividend Yield % is 3.50%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Comstock Resources Inc is 1.70, which seems too high.

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


Competitive Comparison of Comstock Resources's 3-Year Dividend Growth Rate

For the Oil & Gas E&P subindustry, Comstock Resources'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.


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

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

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



Comstock Resources 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.


Comstock Resources  (STU:CX91) 3-Year Dividend Growth Rate Explanation

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

Comstock Resources's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0/ -0.129
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Comstock Resources was 1.72. The lowest was 0.02. And the median was 0.54.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Comstock Resources Inc is 1.70, which seems too high.

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

Comstock Resources Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1250002023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:EUR 0.924000
USD 0.1250002023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:EUR 0.917000
USD 0.1250002023-05-312023-06-012023-06-15Cash DividendquarterlyUSD:EUR 0.920000

* 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.345125/9.904
=3.48 %

Current Share Price is €9.904.
Comstock Resources's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.345125.

During the past 13 years, the highest Dividend Yield of Comstock Resources was 19.84%. The lowest was 0.69%. And the median was 3.29%.

* 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.


Comstock Resources 3-Year Dividend Growth Rate Related Terms>


Comstock Resources (STU:CX91) Business Description

Industry
Traded in Other Exchanges
Address
5300 Town and Country Boulevard, Suite 500, Comstock Tower, Frisco, TX, USA, 75034
Comstock Resources Inc is an independent energy company operating in the Haynesville shale, a natural gas basin located in East Texas and North Louisiana with superior economics and geographical proximity to the Gulf Coast markets. It is engaged in the acquisition, development, production, and exploration of oil and natural gas. Its oil and gas operations are concentrated in Louisiana, Texas and North Dakota.

Comstock Resources (STU:CX91) Headlines

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