NewMed Energy LP (NewMed Energy LP) Dividend Payout Ratio : 0.50 (As of Dec. 2023)

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What is NewMed Energy LP Dividend Payout Ratio?

NewMed Energy LP's dividend payout ratio for the months ended in Dec. 2023 was 0.50.

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

DKDRF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.48 Max: 2.14
Current: 0.49

During the past 13 years, the highest Dividend Payout Ratio of NewMed Energy LP was 2.14. The lowest was 0.12. And the median was 0.48.

DKDRF's Dividend Payout Ratio is ranked worse than
55.19% of 453 companies
in the Oil & Gas industry
Industry Median: 0.45 vs DKDRF: 0.49

As of today (2024-04-30), the Dividend Yield % of NewMed Energy LP is 6.96%.

During the past 13 years, the highest Trailing Annual Dividend Yield of NewMed Energy LP was 26.27%. The lowest was 0.94%. And the median was 5.97%.

NewMed Energy LP's Dividends per Share for the months ended in Dec. 2023 was $0.04.

During the past 12 months, NewMed Energy LP's average Dividends Per Share Growth Rate was -11.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 120.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 41.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of NewMed Energy LP was 120.40% per year. The lowest was -63.20% per year. And the median was 22.30% per year.

The growth rate is calculated with least square regression.

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

NewMed Energy LP Dividend Payout Ratio Historical Data

The historical data trend for NewMed Energy LP'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.

NewMed Energy LP Dividend Payout Ratio Chart

NewMed Energy LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.34

0.12

2.14

0.49

0.48

NewMed Energy LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.35	0.50	0.54	0.43	0.50

Competitive Comparison of NewMed Energy LP's Dividend Payout Ratio

For the Oil & Gas E&P subindustry, NewMed Energy LP'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.

NewMed Energy LP's Dividend Payout Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where NewMed Energy LP's Dividend Payout Ratio falls into.

NewMed Energy LP Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

NewMed Energy LP'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 )
	=	0.179	/	0.37
	=	0.48

NewMed Energy LP'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 )
	=	0.043	/	0.086
	=	0.50

NewMed Energy LP (OTCPK:DKDRF) Dividend Payout Ratio Explanation

In dividends investing, 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.

NewMed Energy LP Dividend Payout Ratio Related Terms

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

NewMed Energy LP (NewMed Energy LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » NewMed Energy LP (OTCPK:DKDRF) » Definitions » Dividend Payout Ratio

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Traded in Other Exchanges

NWMD:Israel

Address

19 Abba Even Boulevard, Hertzliya Pituach, Hertzliya, ISR, 4672537

Website

https://www.newmedenergy.com

NewMed Energy LP is engaged in the exploration, development, and production of oil, condensate, and natural gas. It mainly markets fuel products across Israel and holds interests in several significant gas findings in the Mediterranean Sea region, which include, the Tamar finding, Leviathan finding, and Aphrodite finding in Cyprus.

NewMed Energy LP (NewMed Energy LP) Headlines

From GuruFocus

NewMed Energy LP's Dividend Analysis

By GuruFocus Research • 11-27-2023