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CHX (ChampionX) Dividend Payout Ratio : 0.22 (As of Sep. 2024)


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What is ChampionX Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. ChampionX's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.22.

The historical rank and industry rank for ChampionX's Dividend Payout Ratio or its related term are showing as below:

CHX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.24   Max: 0.3
Current: 0.21


During the past 9 years, the highest Dividend Payout Ratio of ChampionX was 0.30. The lowest was 0.19. And the median was 0.24.

CHX's Dividend Payout Ratio is ranked better than
85.59% of 444 companies
in the Oil & Gas industry
Industry Median: 0.52 vs CHX: 0.21

As of today (2024-12-12), the Dividend Yield % of ChampionX is 1.26%.

During the past 9 years, the highest Trailing Annual Dividend Yield of ChampionX was 1.32%. The lowest was 0.30%. And the median was 1.03%.

ChampionX's Dividends per Share for the months ended in Sep. 2024 was $0.10.

During the past 12 months, ChampionX's average Dividends Per Share Growth Rate was 12.10% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


ChampionX Dividend Payout Ratio Historical Data

The historical data trend for ChampionX's Dividend Payout Ratio 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.

ChampionX Dividend Payout Ratio Chart

ChampionX Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only - - - 0.30 0.19

ChampionX Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Payout Ratio 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.19 0.19 0.26 0.22

Competitive Comparison of ChampionX's Dividend Payout Ratio

For the Oil & Gas Equipment & Services subindustry, ChampionX's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.


ChampionX's Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ChampionX's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where ChampionX's Dividend Payout Ratio falls into.



ChampionX Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

ChampionX's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.34/ 1.79
=0.19

ChampionX's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.095/ 0.44
=0.22

* 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.


ChampionX (NAS:CHX) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


ChampionX Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of ChampionX's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


ChampionX Business Description

Industry
Traded in Other Exchanges
N/A
Address
2445 Technology Forest Boulevard, Building 4, 12th Floor, Suite 1200, The Woodlands, TX, USA, 77381
ChampionX provides chemical solutions and equipment for onshore and offshore oil and gas production. Its engineering expertise spans the well lifecycle, but the firm maintains a particular focus on the production phase. Key offerings include artificial lift services and drilling technologies, specializing in polycrystalline diamond cutter inserts. ChampionX was formed after Apergy acquired its chemical technologies business from Ecolab in 2020.
Executives
Deric D. Bryant officer: See remarks 1 ECOLAB PLACE, ST. PAUL MN 55102
William Jr. O'dell officer: See remarks 2445 TECHNOLOGY FOREST BOULEVARD, BUILDING 4, 12TH FLOOR, THE WOODLANDS TX 77381
Sivasankaran Somasundaram director, officer: President & CEO C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Elaine M Pickle director ONE ENERGY PLAZA, DETROIT MI 48226
Fierro A Carlos director 910 LOUISIANA STREET, HOUSTON TX 77002
Paul E Mahoney officer: See Remarks C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Antoine Marcos officer: VP, Corp Controller, CAO 2445 TECHNOLOGY FOREST BOULEVARD, BUILDING 4, 12TH FLOOR, THE WOODLANDS TX 77381
Stephen M. Todd director C/O DOVER CORPORATION, 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 606515
Julia Wright officer: Senior VP, GC & Secretary C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Heidi S Alderman director C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Stuart D Porter director 200 CLARENDON ST, 25TH FLOOR, BOSTON MA 02116
Jordan Zweig officer: SVP & Chief HR Officer 2445 TECHNOLOGY FOREST BOULEVARD, BUILDING 4, 12TH FLOOR, THE WOODLANDS TX 77381
Syed Raza officer: SVP & Chief Digital Officer C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Amy Thompson Broussard officer: Senior VP & Chief HR Officer C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Shankar Annamalai officer: Senior VP Operations C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381