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Granite Ridge Resources (Granite Ridge Resources) Dividends per Share : $0.44 (TTM As of Dec. 2023)


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What is Granite Ridge Resources Dividends per Share?

Granite Ridge Resources's dividends per share for the three months ended in Dec. 2023 was $0.11. Its dividends per share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.44. Its Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.63. As of today, Granite Ridge Resources's Dividend Yield % is 6.56%.

During the past 12 months, Granite Ridge Resources's average Dividends Per Share Growth Rate was 450.00% 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.

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


Granite Ridge Resources Dividends per Share Historical Data

The historical data trend for Granite Ridge Resources's Dividends per Share can be seen below:

* 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.

* Premium members only.

Granite Ridge Resources Dividends per Share Chart

Granite Ridge Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Dividends per Share
- - - 0.08 0.44

Granite Ridge Resources Quarterly Data
Dec19 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.11 0.11 0.11 0.11

Competitive Comparison of Granite Ridge Resources's Dividends per Share

For the Oil & Gas E&P subindustry, Granite Ridge Resources's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Granite Ridge Resources's Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Granite Ridge Resources's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Granite Ridge Resources's Dividend Yield % falls into.



Granite Ridge Resources Dividends per Share Calculation

Dividends paid to per common share.


Granite Ridge Resources  (NYSE:GRNT) Dividends per Share Explanation

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

Granite Ridge Resources'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 )
=0.11/ 0.175
=0.63

During the past 5 years, the highest Dividend Payout Ratio of Granite Ridge Resources was 0.68. The lowest was 0.04. And the median was 0.36.

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

Granite Ridge Resources Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1102024-02-292024-03-012024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1102023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1102023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1102023-05-312023-06-012023-06-15Cash 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.


Granite Ridge Resources's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.44/6.69
=6.58 %

Current Share Price is $6.69.
Granite Ridge Resources's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.44.

During the past 5 years, the highest Dividend Yield of Granite Ridge Resources was 8.32%. The lowest was 0.88%. And the median was 4.52%.

* 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.


Granite Ridge Resources Dividends per Share Related Terms

Thank you for viewing the detailed overview of Granite Ridge Resources's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Granite Ridge Resources (Granite Ridge Resources) Business Description

Traded in Other Exchanges
Address
5217 McKinney Avenue, Suite 400, Dallas, TX, USA, 75205
Granite Ridge Resources Inc is a scaled, non-operated oil and gas exploration and production company. It invests in a diversified portfolio of production and top-tier acreage across the Permian and other prolific US basins in partnership with proven operators.
Executives
Matthew Reade Miller director 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Griffin Perry director 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Thaddeus Darden director 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
John Mccartney director US ROBOTICS INC, 8100 MCCORMICK BLVD, SKOKIE IL 60076
Tyler Farquharson officer: Chief Financial Officer 12377 MERIT DRIVE, SUITE 1700, LB 82, DALLAS TX 75251
Kirk Lazarine director 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Grep Gp Iii, Llc 10 percent owner 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Luke C Brandenberg officer: President and CEO 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Michele J Everard director 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Zoran Durkovic officer: Chief Accounting Officer 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Grep Gp Ii, Llc 10 percent owner 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Amanda N. Coussens director C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Grey Rock Energy Fund Ii-b, Lp 10 percent owner 2911 TURTLE CREEK BLVD, SUITE 1150, DALLAS TX 75219
Grey Rock Energy Partners Gp Ii, L.p. 10 percent owner 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Grep Holdco Iii-b Holdings, Llc 10 percent owner 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205