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Var Energi ASA (Var Energi ASA) Dividends per Share : $0.86 (TTM As of Mar. 2024)


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What is Var Energi ASA Dividends per Share?

Var Energi ASA's dividends per share for the three months ended in Mar. 2024 was $0.21. Its dividends per share for the trailing twelve months (TTM) ended in Mar. 2024 was $0.86. Its Dividend Payout Ratio for the three months ended in Mar. 2024 was 4.20. As of today, Var Energi ASA's Dividend Yield % is 13.75%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Var Energi ASA is 1.19, which seems too high.

Warning Sign:

Var Energi ASA stock dividend yield is close to 1-year low.

During the past 12 months, Var Energi ASA's average Dividends Per Share Growth Rate was 6.30% 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.


Var Energi ASA Dividends per Share Historical Data

The historical data trend for Var Energi ASA'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.

Var Energi ASA Dividends per Share Chart

Var Energi ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividends per Share
Get a 7-Day Free Trial - - - 0.24 0.88

Var Energi ASA Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.22 0.21 0.22 0.21

Competitive Comparison of Var Energi ASA's Dividends per Share

For the Oil & Gas E&P subindustry, Var Energi ASA'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.


Var Energi ASA's Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Var Energi ASA's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Var Energi ASA's Dividend Yield % falls into.



Var Energi ASA Dividends per Share Calculation

Dividends paid to per common share.


Var Energi ASA  (OTCPK:VARRY) Dividends per Share Explanation

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

Var Energi 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 )
=0.214/ 0.051
=4.20

During the past 6 years, the highest Dividend Payout Ratio of Var Energi ASA was 1.18. The lowest was 0.53. And the median was 0.81.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Var Energi ASA is 1.19, which seems too high.

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

Var Energi ASA Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2183152024-05-032024-05-062024-05-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.2141372024-02-232024-02-262024-03-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.2203112023-11-032023-11-062023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.2079872023-08-042023-08-072023-08-28Cash 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.


Var Energi ASA's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.86075/6.26
=13.75 %

Current Share Price is $6.26.
Var Energi ASA's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.86075.

During the past 6 years, the highest Dividend Yield of Var Energi ASA was 17.28%. The lowest was 1.81%. And the median was 13.26%.

Warning Sign:

Var Energi ASA stock dividend yield is close to 1-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.


Var Energi ASA Dividends per Share Related Terms

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Var Energi ASA (Var Energi ASA) Business Description

Traded in Other Exchanges
Address
Vestre Svanholmen 1, Sandnes, NOR, 4313
Var Energi ASA independent upstream oil and gas company on the Norwegian continental shelf. It operates within the geographical area of Norway and the business is entirely related to the exploration for and production of petroleum in Norway. Revenues are mainly related to the sale of oil, gas, and NGL.

Var Energi ASA (Var Energi ASA) Headlines

From GuruFocus

Var Energi ASA's Dividend Analysis

By GuruFocus Research 11-02-2023