DNO ASADTNOF 79 Dividend Payout Ratio is 1.00 as of Mar. 2026, which is 488% above its 10-year median of 0.17. GuruFocus rates DTNOF with a GF Score™ of 79/100 and a GF Value™ of $3.21 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 434 Oil & Gas companies, DNO ASA ranks worse than 230414.52% on this metric.
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. DNO ASA's Dividend Payout Ratio for the
months ended in Mar. 2026 was 1.00.
The historical rank and industry rank for DNO ASA's Dividend Payout Ratio or its related term are showing as below:
During the past 13 years, the highest Dividend Payout Ratio of DNO ASA was 1.36. The lowest was 0.07. And the median was 0.17.
DTNOF's Dividend Payout Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 0.5 * Ranked among companies with meaningful Dividend Payout Ratio only.
During the past 12 months, DNO ASA's average Dividends Per Share Growth Rate was 24.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 22.60% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of DNO ASA was 78.10% per year. The lowest was -1.30% per year. And the median was 22.05% 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.
DNO ASA (OTCPK:DTNOF) 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.
DNO ASA Dividend Payout Ratio Related Terms
DNO ASA Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for DNO ASA'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.
DTNOF vs COP, EOG, FANG: Dividend Payout Ratio Comparison
For the Oil & Gas E&P subindustry, DNO ASA'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.
DNO ASA Dividend Payout Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, DNO ASA's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where DNO ASA's Dividend Payout Ratio falls into.
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.
DNO ASA's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
DNO ASA (DTNOF) has a Dividend Payout Ratio of 1.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on DNO ASA and its competitors. This is 488% above median its historical median of 0.17. Over the past decade, DNO ASA's Dividend Payout Ratio has ranged from 0.07 to 1.36. According to the industry distribution chart, DNO ASA ranks #999999 out of 434 companies in the Oil & Gas industry.
Is DNO ASA's Dividend Payout Ratio too high?
DNO ASA's current Dividend Payout Ratio of 1.00 is 488% above median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 1.36. The Oil & Gas industry median Dividend Payout Ratio is 0.50. DNO ASA's value of 1.00 is 100% above this industry median. Based on the distribution chart, DNO ASA ranks #999999 out of 434 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, DNO ASA has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DNO ASA's Dividend Payout Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, DNO ASA ranks #999999 out of 434 companies for Dividend Payout Ratio. This places DNO ASA in the lower half of its industry. The industry median Dividend Payout Ratio is 0.50. DNO ASA's value of 1.00 is 100% above this benchmark. Historically, DNO ASA's own Dividend Payout Ratio has ranged from 0.07 to 1.36 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 0.50, DNO ASA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Oil & Gas company?
The median Dividend Payout Ratio among Oil & Gas companies is 0.50, based on 434 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DNO ASA's current Dividend Payout Ratio of 1.00 is 100% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on DNO ASA and its competitors. For the Oil & Gas industry, the median Dividend Payout Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DNO ASA's current Dividend Payout Ratio is 1.00, which is 488% above median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DNO ASA stock overvalued right now?
Based on GuruFocus' analysis, DNO ASA (DTNOF) is currently considered Possible Value Trap. The stock's GF Value™ is $3.21, compared to a current price of $1.61 — trading 49.8% below its estimated fair value. The current Dividend Payout Ratio is 1.00, which is 488% above median its 10-year median of 0.17 and 100% above the Oil & Gas industry median of 0.50. DNO ASA's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For DNO ASA (DTNOF), the current Dividend Payout Ratio is 1.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is DNO ASA (DTNOF) Overvalued in 2026?
Based on GuruFocus' analysis, DNO ASA stock appears to be undervalued.
The current stock price of $1.61 is trading 49.8% below its estimated GF Value™ of $3.21.
GuruFocus considers DNO ASA to be Possible Value Trap.
Key valuation signals for DTNOF:
Dividend Payout Ratio: 1.00 (488% above median its 10-year median of 0.17)
GF Value™: $3.21 vs. price of $1.61 (49.8% below fair value)
Industry Position: 100% above the Oil & Gas median (#999999 of 434)
No single metric tells the full story. See the DTNOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DNO ASA is an oil and gas exploration and production company. Its producing assets are located across the North Sea, which generates the majority of the revenue, Kurdistan, and West Africa. The company holds working interests in both onshore and offshore fields and operates as either the sole operator or partner in many of its facilities. The company generates a majority of its revenue from the sale of oil and the rest from tariff income, the sale of gas, and natural gas liquids.
79GF Score
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