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


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What is Canacol Energy 3-Year Dividend Growth Rate?

Canacol Energy's Dividends per Share for the three months ended in Dec. 2023 was $0.20.

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

CNNEF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.7   Med: 30.9   Max: 60.1
Current: 1.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Canacol Energy was 60.10% per year. The lowest was 1.70% per year. And the median was 30.90% per year.

CNNEF'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 CNNEF: 1.70

During the past 12 months, Canacol Energy's average Dividends Per Share Growth Rate was -3.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.70% 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.

Canacol Energy's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.22. As of today, Canacol Energy's Dividend Yield % is 21.36%.

Good Sign:

Canacol 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 Canacol Energy's 3-Year Dividend Growth Rate

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


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

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

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



Canacol 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.


Canacol Energy  (OTCPK:CNNEF) 3-Year Dividend Growth Rate Explanation

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

Canacol 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 )
=0.196/ 0.903
=0.22

During the past 13 years, the highest Dividend Payout Ratio of Canacol Energy was 70.64. The lowest was 0.16. And the median was 0.25.

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

Canacol Energy Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.2602023-12-282023-12-292024-01-15Cash DividendquarterlyCAD:USD 0.754720
CAD 0.2602023-09-282023-09-292023-10-16Cash DividendquarterlyCAD:USD 0.735808
CAD 0.2602023-06-292023-06-302023-07-17Cash DividendquarterlyCAD:USD 0.755744

* 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.58403072/3.63
=16.09 %

Current Share Price is $3.63.
Canacol Energy's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.58403072.

During the past 13 years, the highest Dividend Yield of Canacol Energy was 23.50%. The lowest was 1.11%. And the median was 6.56%.

Good Sign:

Canacol 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.


Canacol Energy 3-Year Dividend Growth Rate Related Terms>


Canacol Energy (Canacol Energy) Business Description

Industry
Traded in Other Exchanges
Address
215 - 9 Avenue SW, Suite 2000, Calgary, AB, CAN, T2P 1K3
Canacol Energy Ltd is a natural gas and oil exploration and production company. The company operates in the Lower and Middle Magdalena Basins of Colombia.