GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » South Bow Corp (TSX:SOBO) » Definitions » Dividend Payout Ratio

South Bow (TSX:SOBO) Dividend Payout Ratio : 1.90 (As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is South Bow 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. South Bow's Dividend Payout Ratio for the months ended in Dec. 2024 was 1.90.

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 0.85, 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:

TSX:SOBO' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.33   Max: 0.85
Current: 0.85

During the past 2 years, the highest Dividend Payout Ratio of South Bow was 0.85. The lowest was 0.33. And the median was 0.33.

TSX:SOBO's Dividend Payout Ratio is ranked worse than
68.74% of 451 companies
in the Oil & Gas industry
Industry Median: 0.55 vs TSX:SOBO: 0.85

As of today (2025-04-07), the Dividend Yield % of South Bow is 4.22%.

During the past 2 years, the highest Trailing Annual Dividend Yield of South Bow was 4.22%. The lowest was 1.85%. And the median was 2.04%.

South Bow's Dividends per Share for the months ended in Dec. 2024 was C$0.71.

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 Dividend Payout Ratio Historical Data

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.

* Premium members only.

South Bow Dividend Payout Ratio Chart

South Bow Annual Data
Trend Dec23 Dec24
Dividend Payout Ratio
- 0.33

South Bow Quarterly Data
Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Dividend Payout Ratio Get a 7-Day Free Trial - - - - 1.90

Competitive Comparison of South Bow's Dividend Payout Ratio

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's Dividend Payout Ratio Distribution in the 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.


;
;

South Bow Dividend Payout Ratio Calculation

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. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2024 )/ EPS without NRI (A: Dec. 2024 )
=0.712/ 2.166
=0.33

South Bow's Dividend Payout Ratio for the quarter that ended in Dec. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2024 )/ EPS without NRI (Q: Dec. 2024 )
=0.712/ 0.375
=1.90

* 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 (TSX: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

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

South Bow Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » South Bow Corp (TSX:SOBO) » Definitions » Dividend Payout Ratio
Comparable Companies
TSX:KEY TSX:ALA TSX:GEI TSX:TPZ TSX:TWM TSXV:SRR TSX:PPL TSX:ENB EPD WMB ET KMI OKE MPLX LNG TSX:TRP TRGP CQP VG WES
Traded in Other Exchanges
SOBO:USA
Address
707, 5 Street SW, Suite 900, Calgary, AB, CAN, T2P 1V8
Website
https://www.southbow.com
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.
Executives
P. Van R. Dafoe Senior Officer
Richard Prior Senior Officer
Harold N. Kvisle Director
Blaine M. Trout Senior Officer
Lori Michelle Muratta Senior Officer
Renate Poole Senior Officer
Bevin Mark Wirzba Senior Officer
Shannon Georgina Ryhorchuk Senior Officer
Melville George Lewis Director
Marc Palazzo Senior Officer