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FOMI (Formation Minerals) Dividend Payout Ratio : 0.00 (As of Jul. 2024)


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What is Formation Minerals 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. Formation Minerals's Dividend Payout Ratio for the months ended in Jul. 2024 was 0.00.

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


FOMI's Dividend Payout Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 0.52
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-12-14), the Dividend Yield % of Formation Minerals is 0.00%.

Formation Minerals's Dividends per Share for the months ended in Jul. 2024 was $0.00.

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.

Formation Minerals Dividend Payout Ratio Historical Data

The historical data trend for Formation Minerals'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.

Formation Minerals Dividend Payout Ratio Chart

Formation Minerals Annual Data
Trend Apr21 Apr22 Apr23 Apr24
Dividend Payout Ratio
- - - -

Formation Minerals Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 - - - - -

Competitive Comparison of Formation Minerals's Dividend Payout Ratio

For the Oil & Gas E&P subindustry, Formation Minerals'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.

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

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

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


Formation Minerals 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.

Formation Minerals's Dividend Payout Ratio for the fiscal year that ended in Apr. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Apr. 2024 )/ EPS without NRI (A: Apr. 2024 )
=0/ -0.021
=N/A

Formation Minerals's Dividend Payout Ratio for the quarter that ended in Jul. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jul. 2024 )/ Earnings per Share (Diluted) (Q: Jul. 2024 )
=0/ 0.003
=0.00

* 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.

Formation Minerals (OTCPK:FOMI) 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.

Formation Minerals Dividend Payout Ratio Related Terms

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

Formation Minerals Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Formation Minerals Inc (OTCPK:FOMI) » Definitions » Dividend Payout Ratio
Comparable Companies
Traded in Other Exchanges
N/A
Address
P.O. Box 67, Jacksboro, TX, USA, 76458
Website
https://www.formationminerals.com
Formation Minerals Inc is engaged in the acquisition and management of high-growth oil and gas minerals and royalties in the U.S. basins. The company is focused on providing returns through asset growth generated by acquisitions and organic growth of properties. Its portfolio includes the DJ Basin of Colorado and Wyoming, the Haynesville Shale of Louisiana, the Delaware and Permian Basin of Texas, the Marcellus and Utica shales in West Virginia, and the Anadarko Basin in Oklahoma.
Executives
Erik Savenstrand director 505 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
John Damien Trainor director, 10 percent owner, officer: Chief Executive Officer 505 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022