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Aker BP ASA (Aker BP ASA) 3-Year Dividend Growth Rate : 31.10% (As of Mar. 2024)


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What is Aker BP ASA 3-Year Dividend Growth Rate?

Aker BP ASA's Dividends per Share for the three months ended in Mar. 2024 was $0.60.

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

AKRBF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.9   Med: 18.7   Max: 127.1
Current: 31.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Aker BP ASA was 127.10% per year. The lowest was 1.90% per year. And the median was 18.70% per year.

AKRBF's 3-Year Dividend Growth Rate is ranked better than
66.89% of 302 companies
in the Oil & Gas industry
Industry Median: 14.5 vs AKRBF: 31.10

During the past 12 months, Aker BP ASA's average Dividends Per Share Growth Rate was 18.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 31.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.80% 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.

Aker BP ASA's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.55. As of today, Aker BP ASA's Dividend Yield % is 9.14%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Aker BP ASA is 0.98, which seems too high.

Good Sign:

Aker BP ASA stock dividend yield is close to 3-year high.

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


Competitive Comparison of Aker BP ASA's 3-Year Dividend Growth Rate

For the Oil & Gas E&P subindustry, Aker BP ASA'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.


Aker BP ASA's 3-Year Dividend Growth Rate Distribution in the Oil & Gas Industry

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

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



Aker BP ASA 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.


Aker BP ASA  (OTCPK:AKRBF) 3-Year Dividend Growth Rate Explanation

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

Aker BP ASA'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 )
=0.598/ 1.097
=0.55

During the past 13 years, the highest Dividend Payout Ratio of Aker BP ASA was 4.54. The lowest was 0.46. And the median was 1.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Aker BP ASA is 0.98, which seems too high.

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

Aker BP ASA Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
NOK 6.3352024-02-132024-02-142024-02-21Cash DividendquarterlyNOK:USD 0.095213
NOK 6.1882023-11-012023-11-022023-11-09Cash DividendquarterlyNOK:USD 0.092836
NOK 5.6582023-07-182023-07-192023-07-26Cash DividendquarterlyNOK:USD 0.098899
NOK 5.8352023-05-032023-05-042023-05-11Cash DividendquarterlyNOK:USD 0.089538

* 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.

Aker BP ASA's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.259668295/24.89
=9.08 %

Current Share Price is $24.89.
Aker BP ASA's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.259668295.

During the past 13 years, the highest Dividend Yield of Aker BP ASA was 17.98%. The lowest was 0.98%. And the median was 4.40%.

Good Sign:

Aker BP ASA stock dividend yield is close to 3-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.


Aker BP ASA 3-Year Dividend Growth Rate Related Terms>


Aker BP ASA (Aker BP ASA) Business Description

Industry
Address
Oksenoyveien 10, Fornebuporten, Building B, Lysaker, NOR, 1366
Aker BP ASA operates oil and gas production, development, and exploration projects on the Norwegian Continental Shelf (NCS). Its projects include Alvheim field, Ivar Aasen, Skarv, and Valhall. Revenue is derived from a short list of clients and primarily consists of liquid sales. The Alvheim field, which developed with an FPSO, contributes the most volume for the company. Fields in close proximity to Alvheim are tied to Alvheim's FPSO. From the tiebacks, oil is transported from the field with shuttle tankers, and associated gas is exported to Scotland through a gas evacuation system.

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