Africa Oil (TSX:AOI) Dividend Payout Ratio

: 0.00 (As of Dec. 2023)

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Africa Oil's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

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

TSX:AOI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.19 Med: 0.21 Max: 0.22
Current: 0.19

During the past 13 years, the highest Dividend Payout Ratio of Africa Oil was 0.22. The lowest was 0.19. And the median was 0.21.

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

As of today (2024-04-19), the Dividend Yield % of Africa Oil is 2.74%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Africa Oil was 3.23%. The lowest was 0.00%. And the median was 0.00%.

Africa Oil's Dividends per Share for the months ended in Dec. 2023 was C$0.00.

During the past 12 months, Africa Oil's average Dividends Per Share Growth Rate was -1.50% per year.

The growth rate is calculated with least square regression.

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

Africa Oil Dividend Payout Ratio Historical Data

The historical data trend for Africa Oil'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.

Africa Oil Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.22

0.19

Africa Oil 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																-	0.50	-	0.25	-

Competitive Comparison

For the Oil & Gas E&P subindustry, Africa Oil'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.

Africa Oil Dividend Payout Ratio Distribution

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

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

Africa Oil Dividend Payout Ratio Calculation

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

Africa Oil'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 )
	=	0.067	/	0.347
	=	0.19

Africa Oil'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	/	-0.255
	=	N/A

Africa Oil (TSX:AOI) 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.

Africa Oil Dividend Payout Ratio Related Terms

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

Africa Oil (TSX:AOI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Africa Oil Corp (TSX:AOI) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

AOIFF:USA AOI:Sweden 0QVL:UK AFZ:Germany

Address

885 West Georgia Street, Suite 2000, Vancouver, BC, CAN, V6C 3E8

Website

https://www.africaoilcorp.com

Africa Oil Corp is an international oil and gas exploration company. It is an exploration stage enterprise that participates in oil and gas projects located in emerging markets, in sub-Saharan Africa. The company operates in the business segment of international oil and gas exploration, and geographically, it operates in Kenya and Ethiopia.

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