Independent Petroleum Group KSCP (KUW:IPG) Dividend Payout Ratio : 3.33 (As of Mar. 2024)

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What is Independent Petroleum Group KSCP Dividend Payout Ratio?

Independent Petroleum Group KSCP's dividend payout ratio for the months ended in Mar. 2024 was 3.33.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Independent Petroleum Group KSCP is 4.29, which seems too high.

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

KUW:IPG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.31 Med: 1.98 Max: 30
Current: 4.29

During the past 13 years, the highest Dividend Payout Ratio of Independent Petroleum Group KSCP was 30.00. The lowest was 0.31. And the median was 1.98.

KUW:IPG's Dividend Payout Ratio is ranked worse than
97.57% of 453 companies
in the Oil & Gas industry
Industry Median: 0.45 vs KUW:IPG: 4.29

As of today (2024-06-20), the Dividend Yield % of Independent Petroleum Group KSCP is 6.25%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Independent Petroleum Group KSCP was 61.86%. The lowest was 5.58%. And the median was 7.07%.

Independent Petroleum Group KSCP's Dividends per Share for the months ended in Mar. 2024 was KWD0.03.

During the past 5 years, the average Dividends Per Share Growth Rate was 6.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Independent Petroleum Group KSCP was 115.40% per year. The lowest was -6.10% per year. And the median was 7.70% per year.

The growth rate is calculated with least square regression.

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

Independent Petroleum Group KSCP Dividend Payout Ratio Historical Data

The historical data trend for Independent Petroleum Group KSCP'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.

Independent Petroleum Group KSCP Dividend Payout Ratio Chart

Independent Petroleum Group KSCP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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30.00

2.14

18.75

0.31

3.75

Independent Petroleum Group KSCP Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															3.75	-	-	-	3.33

Competitive Comparison of Independent Petroleum Group KSCP's Dividend Payout Ratio

For the Oil & Gas Integrated subindustry, Independent Petroleum Group KSCP'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.

Independent Petroleum Group KSCP's Dividend Payout Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Independent Petroleum Group KSCP's Dividend Payout Ratio falls into.

Independent Petroleum Group KSCP Dividend Payout Ratio Calculation

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

Independent Petroleum Group KSCP'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 )
	=	0.03	/	0.008
	=	3.75

Independent Petroleum Group KSCP's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	Earnings per Share (Diluted) (Q: Mar. 2024 )
	=	0.03	/	0.009
	=	3.33

Independent Petroleum Group KSCP (KUW:IPG) 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.

Independent Petroleum Group KSCP Dividend Payout Ratio Related Terms

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

Independent Petroleum Group KSCP (KUW:IPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Independent Petroleum Group KSCP (KUW:IPG) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

Block 1A, Street 7, 4th Ring Road, P.O. Box 24027, Building, No. 18, Jabriya, Safat, KWT, 13101

Website

https://ipg.com.kw

Independent Petroleum Group KSCP is engaged in the trading and marketing of crude oil, petroleum products. The trading of crude oil and petroleum products is also related to storage and distribution operations. LPG, petrochemicals, and fertilizers. In addition to this core activity, it has interests in terminalling, pipelines, and shipping. The company is involved in trading of the following petroleum products - Motor gasoline, Jet fuels, Crude oils, Gas, Asphalt, and Naphtha. The group operates in Africa, the Middle East, Europe, Asia and the Far East where Africa and the Middle East region generates maximum revenue.