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HZNFF (Horizon Oil) Dividend Yield % : 16.78% (As of Dec. 15, 2024)


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What is Horizon Oil Dividend Yield %?

As of today (2024-12-15), the Trailing Annual Dividend Yield of Horizon Oil is 16.78%.

Warning Sign:

Horizon Oil Ltd stock dividend yield is close to 3-year low.

The historical rank and industry rank for Horizon Oil's Dividend Yield % or its related term are showing as below:

HZNFF' s Dividend Yield % Range Over the Past 10 Years
Min: 15.45   Med: 23.85   Max: 30.71
Current: 16.78

During the past 13 years, the highest Dividend Yield of Horizon Oil was 30.71%. The lowest was 15.45%. And the median was 23.85%.

HZNFF's Dividend Yield % is ranked better than
95.4% of 500 companies
in the Oil & Gas industry
Industry Median: 4.44 vs HZNFF: 16.78

Horizon Oil's Dividend Payout Ratio for the six months ended in Jun. 2024 was 2.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Horizon Oil Ltd is 1.42, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Horizon Oil was 1.48. The lowest was 1.08. And the median was 1.42.

As of today (2024-12-15), the Forward Dividend Yield % of Horizon Oil is 16.92%.

Horizon Oil's Dividends per Share for the six months ended in Jun. 2024 was $0.01.

During the past 12 months, Horizon Oil's average Dividends Per Share Growth Rate was -20.90% 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.


Horizon Oil Dividend Yield % Historical Data

The historical data trend for Horizon Oil's Dividend Yield % 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.

Horizon Oil Dividend Yield % Chart

Horizon Oil Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 24.59 31.30 21.29

Horizon Oil Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.59 22.91 31.30 21.74 21.29

Competitive Comparison of Horizon Oil's Dividend Yield %

For the Oil & Gas E&P subindustry, Horizon Oil's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Horizon Oil's Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Horizon Oil's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Horizon Oil's Dividend Yield % falls into.



Horizon Oil Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Horizon Oil Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.0150002024-10-162024-10-172024-10-25Cash Dividendsemi-annuallyAUD:USD 0.677048
AUD 0.0150002024-04-182024-04-192024-04-26Cash Dividendsemi-annuallyAUD:USD 0.650618

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Horizon Oil's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.01991499/0.11763
=16.93 %

Current Share Price is $0.11763.
Horizon Oil's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.01991499.

Horizon Oil's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.02031144/0.11763
=17.27 %

Current Share Price is $0.11763.
Horizon Oil's Dividends per Share for the forward twelve months is calculated as $0.01015572 * 2 = $0.02031144.

* 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.


Horizon Oil  (OTCPK:HZNFF) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Horizon Oil Dividend Yield % Related Terms

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


Horizon Oil Business Description

Traded in Other Exchanges
Address
360 Kent Street, Level 4, Sydney, NSW, AUS, 2000
Horizon Oil Ltd is engaged in exploration, development, production and sale of crude oil. The company operates in three segments: China development, New Zealand development and Australia development. It generates key revenue from China development segment which is involved in developing and producing crude oil from the Block 22/12-WZ6-12, WZ12-8W and WZ12-8E oil field developments and in the exploration and evaluation of hydrocarbons within Block 22/12.

Horizon Oil Headlines