South BowSOBO 15 Dividend Payout Ratio is 1.35 as of Mar. 2026, which is 101% above its 10-year median of 0.67. GuruFocus rates SOBO with a GF Score™ of 15/100. The stock has 13 warning signs investors should review. Among 433 Oil & Gas companies, South Bow ranks worse than 88.68% 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. South Bow's Dividend Payout Ratio for the
months ended in Mar. 2026 was 1.35.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of South Bow Corp is 1.41, which seems too high.
The historical rank and industry rank for South Bow's Dividend Payout Ratio or its related term are showing as below:
SOBO'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.33 Med: 0.67 Max: 1.41
Current: 1.41
During the past 3 years, the highest Dividend Payout Ratio of South Bow was 1.41. The lowest was 0.33. And the median was 0.67.
SOBO's Dividend Payout Ratio is ranked worse than 88.68% of 433
companies
in the Oil & Gas industry
Industry Median: 0.5
vs SOBO: 1.41
During the past 12 months, South Bow's average Dividends Per Share Growth Rate was 92.40% 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.
South Bow (NYSE:SOBO) 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.
South Bow Dividend Payout Ratio Related Terms
South Bow Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for South Bow'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.
SOBO vs WMB, EPD, KMI: Dividend Payout Ratio Comparison
For the Oil & Gas Midstream subindustry, South Bow'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.
South Bow Dividend Payout Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, South Bow's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where South Bow'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.
South Bow'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.
South Bow (SOBO) has a Dividend Payout Ratio of 1.35 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on South Bow and its competitors. This is 101% above median its historical median of 0.67. Over the past decade, South Bow's Dividend Payout Ratio has ranged from 0.33 to 1.41. According to the industry distribution chart, South Bow ranks #384 out of 433 companies in the Oil & Gas industry, placing it in the top 88.7%.
Is South Bow's Dividend Payout Ratio too high?
South Bow's current Dividend Payout Ratio of 1.35 is 101% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 1.41. The Oil & Gas industry median Dividend Payout Ratio is 0.50. South Bow's value of 1.35 is 170% above this industry median. Based on the distribution chart, South Bow ranks #384 out of 433 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, South Bow has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does South Bow's Dividend Payout Ratio compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, South Bow ranks #384 out of 433 companies for Dividend Payout Ratio. This places South Bow in the lower half of its industry. The industry median Dividend Payout Ratio is 0.50. South Bow's value of 1.35 is 170% above this benchmark. Historically, South Bow's own Dividend Payout Ratio has ranged from 0.33 to 1.41 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 0.50, South Bow 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 433 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. South Bow's current Dividend Payout Ratio of 1.35 is 170% 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 South Bow 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. South Bow's current Dividend Payout Ratio is 1.35, which is 101% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Bow stock overvalued right now?
South Bow (SOBO) has a current Dividend Payout Ratio of 1.35. The current Dividend Payout Ratio is 1.35, which is 101% above median its 10-year median of 0.67 and 170% above the Oil & Gas industry median of 0.50. South Bow's overall GF Score™ is 15/100 with 13 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 South Bow (SOBO), the current Dividend Payout Ratio is 1.35 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.
South Bow Corp is a energy infrastructure company. The company is engaged in constructing pipelines system safely transports liquids like crude oil, across Canadian provinces, U.S. states, and Gulf coasts. It has three reportable segments: Keystone Pipeline System, Marketing, and Intra-Alberta & Other. It derives maximum revenue from Keystone Pipeline System segment. The company's projects and pipelines include: Blackrod connection project; Grand Rapids Pipeline System; Marketlink Pipeline System; Keystone Pipeline System; Port Neches Link; and White Spruce Pipeline System.
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