Gibson Energy (TSX:GEI) Dividend Payout Ratio : 1.64 (As of Mar. 2024)

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What is Gibson Energy Dividend Payout Ratio?

Gibson Energy's dividend payout ratio for the months ended in Mar. 2024 was 1.64.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Gibson Energy Inc is 1.47, which seems too high.

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

TSX:GEI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.99 Med: 1.42 Max: 12.82
Current: 1.47

During the past 13 years, the highest Dividend Payout Ratio of Gibson Energy was 12.82. The lowest was 0.99. And the median was 1.42.

TSX:GEI's Dividend Payout Ratio is ranked worse than
92.04% of 452 companies
in the Oil & Gas industry
Industry Median: 0.45 vs TSX:GEI: 1.47

As of today (2024-05-06), the Dividend Yield % of Gibson Energy is 7.13%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Gibson Energy was 9.93%. The lowest was 3.10%. And the median was 6.26%.

Gibson Energy's Dividends per Share for the months ended in Mar. 2024 was C$0.41.

During the past 12 months, Gibson Energy's average Dividends Per Share Growth Rate was 5.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Gibson Energy was 32.10% per year. The lowest was 1.00% per year. And the median was 3.90% per year.

The growth rate is calculated with least square regression.

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

Gibson Energy Dividend Payout Ratio Historical Data

The historical data trend for Gibson 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.

Gibson Energy Dividend Payout Ratio Chart

Gibson Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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1.08

1.66

1.44

0.99

1.08

Gibson Energy 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															0.64	1.15	2.31	1.22	1.64

Competitive Comparison of Gibson Energy's Dividend Payout Ratio

For the Oil & Gas Midstream subindustry, Gibson 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.

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

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

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

Gibson Energy Dividend Payout Ratio Calculation

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

Gibson 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 )
	=	1.56	/	1.444
	=	1.08

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

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.41	/	0.25
	=	1.64

Gibson Energy (TSX:GEI) 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.

Gibson Energy Dividend Payout Ratio Related Terms

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

Gibson Energy (TSX:GEI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gibson Energy Inc (TSX:GEI) » Definitions » Dividend Payout Ratio

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Traded in Other Exchanges

GBNXF:USA 8GB:Germany

Address

440 - 2nd Avenue S.W., Suite 1700, Calgary, AB, CAN, T2P 5E9

Website

https://www.gibsonenergy.com

Gibson Energy Inc. is an oil infrastructure company that collects, stores, and processes crude oil and refined products. Reportable segments include marketing, which deals with buying, selling, and optimizing products such as crude oil, natural gas liquid, road asphalt, and oil-based mud product; and infrastructure, which makes up a system of oil terminals, rail loading facilities, pipelines, and an oil processing facility. Gibson Energy Inc. services Canada and the United States, and the majority of revenue comes from the marketing segment.

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