DNO ASA (DNO ASA) Dividend Payout Ratio : 0.39 (As of Dec. 2023)

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What is DNO ASA Dividend Payout Ratio?

DNO ASA's dividend payout ratio for the months ended in Dec. 2023 was 0.39.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of DNO ASA is 1.37, which seems too high.

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

DTNOY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.1 Max: 1.33
Current: 1.32

During the past 13 years, the highest Dividend Payout Ratio of DNO ASA was 1.33. The lowest was 0.07. And the median was 0.10.

DTNOY's Dividend Payout Ratio is ranked worse than
90.51% of 453 companies
in the Oil & Gas industry
Industry Median: 0.44 vs DTNOY: 1.32

As of today (2024-04-28), the Dividend Yield % of DNO ASA is 10.17%.

During the past 13 years, the highest Trailing Annual Dividend Yield of DNO ASA was 14.51%. The lowest was 1.05%. And the median was 3.51%.

DNO ASA's Dividends per Share for the months ended in Dec. 2023 was $0.23.

During the past 12 months, DNO ASA's average Dividends Per Share Growth Rate was 35.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of DNO ASA was 21.50% per year. The lowest was -1.30% per year. And the median was 10.10% per year.

The growth rate is calculated with least square regression.

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

DNO ASA Dividend Payout Ratio Historical Data

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.

* Premium members only.

DNO ASA Dividend Payout Ratio Chart

DNO ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.23

0.08

0.10

1.33

DNO ASA 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															0.11	0.27	-	-	0.39

Competitive Comparison of DNO ASA's Dividend Payout Ratio

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's Dividend Payout Ratio Distribution in the 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.

DNO ASA Dividend Payout Ratio Calculation

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

DNO ASA'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 )
	=	0.935	/	0.705
	=	1.33

DNO ASA'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 )
	=	0.233	/	0.604
	=	0.39

DNO ASA (OTCPK:DTNOY) 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.

DNO ASA Dividend Payout Ratio Related Terms

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

DNO ASA (DNO ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » DNO ASA (OTCPK:DTNOY) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

DTNOF:USA DNOo:Sweden DNO:Norway DNOo:UK 0MHP:UK NK1A:Germany

Address

Dokkveien 1, P.O. Box 1345 Vika, Aker Brygge, Oslo, NOR, 0250

Website

https://www.dno.no

DNO ASA is an oil and gas exploration and production company. A group of licenses are held for fields in Kurdistan, Yemen, United Kingdom, and Norway. Producing assets in Kurdistan generate the majority of revenue for the company. Petroleum products from Kurdistan fields are either sold locally or externally, with external shipments constituting the majority. 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.

DNO ASA (DNO ASA) Headlines

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