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Akita Drilling (Akita Drilling) 3-Year Dividend Growth Rate : 0.00% (As of Dec. 2023)


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What is Akita Drilling 3-Year Dividend Growth Rate?

Akita Drilling's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

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

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Akita Drilling was 40.90% per year. The lowest was -20.60% per year. And the median was 6.70% per year.

AKTAF'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.

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.

Akita Drilling's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Akita Drilling's Dividend Yield % is 0.00%.

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


Competitive Comparison of Akita Drilling's 3-Year Dividend Growth Rate

For the Oil & Gas Drilling subindustry, Akita Drilling'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.


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

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

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



Akita Drilling 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.


Akita Drilling  (OTCPK:AKTAF) 3-Year Dividend Growth Rate Explanation

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

Akita Drilling's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0/ -0.012
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Akita Drilling was 1.15. The lowest was 0.30. And the median was 0.72.

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

During the past 13 years, the highest Dividend Yield of Akita Drilling was 41.46%. The lowest was 1.86%. And the median was 4.37%.

* 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.


Akita Drilling 3-Year Dividend Growth Rate Related Terms>


Akita Drilling (Akita Drilling) Business Description

Industry
Traded in Other Exchanges
Address
333-7th Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 2Z1
Akita Drilling Ltd is a Canadian oil and gas drilling contractor. The company is engaged in providing contract drilling services, primarily to the oil and gas industry, in Canada and the United States. The company owns and operates over 35 drilling rigs. It is also involved in the drilling related to potash mining and the development of storage caverns.

Akita Drilling (Akita Drilling) Headlines