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Beach Energy (ASX:BPT) 3-Year Dividend Growth Rate : 14.50% (As of Dec. 2023)


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What is Beach Energy 3-Year Dividend Growth Rate?

Beach Energy's Dividends per Share for the six months ended in Dec. 2023 was A$0.02.

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

ASX:BPT' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -39   Med: 19.3   Max: 58.7
Current: 14.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Beach Energy was 58.70% per year. The lowest was -39.00% per year. And the median was 19.30% per year.

ASX:BPT's 3-Year Dividend Growth Rate is ranked worse than
50.17% of 303 companies
in the Oil & Gas industry
Industry Median: 14.5 vs ASX:BPT: 14.50

During the past 12 months, Beach Energy's average Dividends Per Share Growth Rate was 100.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.60% 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.

Beach Energy's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.29. As of today, Beach Energy's Dividend Yield % is 2.52%.

Good Sign:

Beach Energy Ltd stock dividend yield is close to 5-year high.

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


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

For the Oil & Gas E&P subindustry, Beach 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.


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

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

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



Beach 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.


Beach Energy  (ASX:BPT) 3-Year Dividend Growth Rate Explanation

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

Beach Energy'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 )
=0.02/ 0.07
=0.29

During the past 13 years, the highest Dividend Payout Ratio of Beach Energy was 0.39. The lowest was 0.08. And the median was 0.12.

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

Beach Energy Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.0202024-02-282024-02-292024-03-28Cash Dividendsemi-annuallyAUD:AUD 1.000000
AUD 0.0202023-09-042023-09-052023-10-03Cash Dividendsemi-annuallyAUD:AUD 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.04/1.59
=2.52 %

Current Share Price is A$1.59.
Beach Energy's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.04.

During the past 13 years, the highest Dividend Yield of Beach Energy was 8.24%. The lowest was 0.57%. And the median was 1.36%.

Good Sign:

Beach Energy Ltd stock dividend yield is close to 5-year high.

* 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.


Beach Energy 3-Year Dividend Growth Rate Related Terms>


Beach Energy (ASX:BPT) Business Description

Industry
Traded in Other Exchanges
Address
80 Flinders Street, Level 8, Adelaide, SA, AUS, 5000
Beach produces oil, gas, and gas liquids from numerous joint ventures in the onshore Cooper and Eromanga basins. Beach merged with Cooper Basin joint-venture partner Drillsearch Energy Limited in March 2016, which increased equity production to about 10 million barrels of oil equivalent. This more than doubled to over 20 million barrels of oil equivalent following the successful purchase of Lattice from Origin Energy in 2018. The average field life is 10 years based on forecast production and 255 mmboe of proven and probable reserves. We credit life of around 15 years, assuming substantial conversion of 2C contingent resources into reserve category with drilling. Shale gas resources are blue-sky.