GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Noble Corp PLC (NYSE:NE) » Definitions » Dividend Payout Ratio

Noble (NE) Dividend Payout Ratio

: 0.46 (As of Dec. 2023)
View and export this data going back to 2022. Start your Free Trial

Noble's dividend payout ratio for the months ended in Dec. 2023 was 0.46.

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

NE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.19   Max: 0.19
Current: 0.19


During the past 4 years, the highest Dividend Payout Ratio of Noble was 0.19. The lowest was 0.19. And the median was 0.19.

NE's Dividend Payout Ratio is ranked better than
82% of 450 companies
in the Oil & Gas industry
Industry Median: 0.44 vs NE: 0.19

As of today (2024-04-18), the Dividend Yield % of Noble is 2.45%.

During the past 4 years, the highest Trailing Annual Dividend Yield of Noble was 2.45%. The lowest was 0.60%. And the median was 1.44%.

Noble's Dividends per Share for the months ended in Dec. 2023 was $0.40.

The growth rate is calculated with least square regression.

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


Noble Dividend Payout Ratio Historical Data

The historical data trend for Noble'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.

Noble Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
- - - 0.19

Noble Quarterly Data
Dec20 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.26 0.46

Competitive Comparison

For the Oil & Gas Drilling subindustry, Noble'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.


Noble Dividend Payout Ratio Distribution

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

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



Noble Dividend Payout Ratio Calculation

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

Noble'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 )
=0.7/ 3.722
=0.19

Noble'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 )
=0.4/ 0.875
=0.46

* 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.


Noble (NYSE:NE) 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.


Noble Dividend Payout Ratio Related Terms

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


Noble (NE) Business Description

Industry
Traded in Other Exchanges
Address
13135 Dairy Ashford, Suite 800, Sugar Land, TX, USA, 77478
Noble Corp PLC is an offshore drilling contractor for the oil and gas industry that provides contract drilling services to the international oil and gas industry with its fleet of mobile offshore drilling units. The company focuses on a high-specification fleet of floating and jackup rigs and the deployment of its drilling rigs in oil and gas basins around the world.
Executives
Noble Corp Plc officer: VP & Chief Accounting Officer 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Caroline Alting officer: See Remarks C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Joey M Kawaja officer: See Remarks 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Blake Denton officer: See Remarks 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Robert W. Eifler director, officer: See Remarks 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Richard B. Barker officer: See Remarks 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Jennie Howard officer: SVP, Gen. Counsel & Corp. Sec. 13135 DAIRY ASHFORD ROAD, SUGAR LAND TX 77478
Pacific Investment Management Co Llc 10 percent owner 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Mikkel Ipsen officer: See Remarks C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Kristin Holth director C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Claus Hemmingsen director C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Alastair Maxwell director C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Apmh Invest A/s 10 percent owner ESPLANADEN 50, COPENHAGEN G7 1263
Laura D. Campbell officer: See Remarks 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Charles M Sledge director 1611 SCENIC MOUNTAIN COURT, KINGWOOD TX 77345