Baytex Energy (TSX:BTE) Dividend Payout Ratio : 0.13 (As of Sep. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Baytex Energy 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. Baytex Energy's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.13.

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

TSX:BTE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09 Med: 2.16 Max: 4.22
Current: 0.31

During the past 13 years, the highest Dividend Payout Ratio of Baytex Energy was 4.22. The lowest was 0.09. And the median was 2.16.

TSX:BTE's Dividend Payout Ratio is ranked better than
74% of 450 companies
in the Oil & Gas industry
Industry Median: 0.52 vs TSX:BTE: 0.31

As of today (2024-12-13), the Dividend Yield % of Baytex Energy is 2.50%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Baytex Energy was 45.02%. The lowest was 0.37%. And the median was 3.25%.

Baytex Energy's Dividends per Share for the months ended in Sep. 2024 was C$0.02.

During the past 12 months, Baytex Energy's average Dividends Per Share Growth Rate was 300.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Baytex Energy was 53.30% per year. The lowest was -32.80% per year. And the median was 4.60% 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.

Baytex Energy Dividend Payout Ratio Historical Data

The historical data trend for Baytex Energy'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.

Baytex Energy Dividend Payout Ratio Chart

Baytex Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.09

Baytex Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.11	-	0.48	0.16	0.13

Competitive Comparison of Baytex Energy's Dividend Payout Ratio

For the Oil & Gas E&P subindustry, Baytex Energy'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.

Baytex Energy's Dividend Payout Ratio Distribution in the Oil & Gas Industry

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

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

Baytex Energy Dividend Payout Ratio Calculation

Baytex Energy'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 )
	=	0.045	/	0.511
	=	0.09

Baytex Energy's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.023	/	0.18
	=	0.13

Baytex Energy (TSX:BTE) 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.

Baytex Energy Dividend Payout Ratio Related Terms

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

Baytex Energy Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

BTE:USA B5X:Germany B5X:Germany

Address

2800, 520 - 3rd Avenue SW, Centennial Place, East Tower, Calgary, AB, CAN, T2P 0R3

Website

https://www.baytexenergy.com

Baytex Energy Corp is an oil and gas company. Geographically, the group operates in Canada and the United States. The company derives a majority of revenue from Canada. Its Canada segment includes the exploration, development, and production of crude oil and natural gas in Western Canada.

Executives

Stephen David Lile Reynish	Director
James Robert Maclean	Senior Officer
Nicole Marie Frechette	Senior Officer
Eric Thomas Greager	Senior Officer
Mark Bly	Director
Tiffany Thom Cepak	Director
Angela S. Lekatsas	Director
Brian Gordon Ector	Senior Officer
Chad Lundberg	Senior Officer
Kendall Douglas Arthur	Senior Officer
Chadwick Kalmakoff	Senior Officer
Edward David Lafehr	Senior Officer
Jennifer Maki	Director
Trudy Marie Curran	Director
Jason Jowill Jaskela	Senior Officer