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Archrock (Archrock) 3-Year Dividend Growth Rate : 1.70% (As of Dec. 2023)


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What is Archrock 3-Year Dividend Growth Rate?

Archrock's Dividends per Share for the three months ended in Dec. 2023 was $0.16.

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

AROC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -7.2   Med: 1.7   Max: 6.5
Current: 1.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Archrock was 6.50% per year. The lowest was -7.20% per year. And the median was 1.70% per year.

AROC's 3-Year Dividend Growth Rate is ranked worse than
76.9% of 303 companies
in the Oil & Gas industry
Industry Median: 14.5 vs AROC: 1.70

During the past 12 months, Archrock's average Dividends Per Share Growth Rate was 5.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.20% 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.

Archrock's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.71. As of today, Archrock's Dividend Yield % is 3.09%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Archrock Inc is 0.89, which seems too high.

Warning Sign:

Archrock Inc stock dividend yield is close to 5-year low.

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


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

For the Oil & Gas Equipment & Services subindustry, Archrock'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.


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

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

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



Archrock 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.


Archrock  (NYSE:AROC) 3-Year Dividend Growth Rate Explanation

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

Archrock'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 )
=0.155/ 0.219
=0.71

During the past 13 years, the highest Dividend Payout Ratio of Archrock was 3.82. The lowest was 0.60. And the median was 1.12.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Archrock Inc is 0.89, which seems too high.

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

Archrock Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1652024-02-052024-02-062024-02-13Cash DividendquarterlyUSD:USD 1.000000
USD 0.1552023-11-062023-11-072023-11-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.1552023-08-072023-08-082023-08-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1502023-05-082023-05-092023-05-16Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.625/20.20
=3.09 %

Current Share Price is $20.20.
Archrock's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.625.

During the past 13 years, the highest Dividend Yield of Archrock was 16.88%. The lowest was 0.55%. And the median was 5.26%.

Warning Sign:

Archrock Inc stock dividend yield is close to 5-year low.

* 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.


Archrock 3-Year Dividend Growth Rate Related Terms>


Archrock (Archrock) Business Description

Industry
Traded in Other Exchanges
Address
9807 Katy Freeway, Suite 100, Houston, TX, USA, 77024
Archrock Inc is an energy infrastructure company with focus on midstream natural gas compression and a commitment to helping customers produce, compress and transport natural gas. It has two business segments, Contract Operations, and Aftermarket Services. Under the umbrella of contract operations services, the company provides operations to meet customers' natural gas compression needs. Services include designing, owning, installing, operating, and maintaining equipment. Aftermarket Services business provides a full range of services to support the compression needs of customers that own compression equipment, including operations, maintenance, overhaul and reconfiguration services and sales of parts and components. It generates maximum revenue from the Contract Operations segment.
Executives
Donna A Henderson officer: VP, Chief Accounting Officer 1700 PACIFIC AVENUE, SUITE 2900, DALLAS TX 75201
Jdh Capital Holdings, L.p. 10 percent owner 1111 TRAVIS STREET, SUITE 2300, HOUSTON TX 77002
Eric W Thode officer: Vice President 9807 KATY FREEWAY, SUITE 100, HOUSTON TX 77024
Hildebrand Enterprises Co 10 percent owner 1111 TRAVIS STREET, SUITE 2300, HOUSTON TX 77002
Hildebrand Enterprises, Lp 10 percent owner 1111 TRAVIS STREET, SUITE 2300, HOUSTON TX 77002
Jdh Capital Co 10 percent owner C/O HILCORP ENERGY COMPANY, 1111 TRAVIS, HOUSTON TX 77002
Jeffery D Hildebrand 10 percent owner 1111 TRAVIS STREET, SUITE 2300, HOUSTON TX 77002
Melinda B Hildebrand 10 percent owner 1111 TRAVIS STREET, SUITE 2300, HOUSTON TX 77002
Leonard Wayne Mallett director P.O. BOX 2521, HOUSTON TX 77252-2521
Jason C Rebrook director C/O JDH CAPITAL COMPANY, 1111 TRAVIS STREET, HOUSTON TX 77002
Doug S Aron officer: Sr Vice President and CFO 10000 MEMORIAL DRIVE, SUITE 600, HOUSTON TX 77024-3411
Gordon T Hall director 3300 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032-3411
D Bradley Childers officer: Sr Vice President DC/O UNIVERSAL COPRESSION HOLDINGS INC, 4440 BRITTMOORE ROAD, HOUSTON TX 77041
Jason Ingersoll officer: Vice President 16666 NORTHCHASE DRIVE, HOUSTON TX 77060
Sean K Clawges officer: Vice President 9807 KATY FREEWAY, SUITE 100, HOUSTON TX 77024

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