If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Al Maha Petroleum Products Marketing Co SAOG is 0.93, which seems too high.
During the past 12 months, Al Maha Petroleum Products Marketing CoOG's average Dividends Per Share Growth Rate was 112.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 6.70% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Al Maha Petroleum Products Marketing CoOG was 6.70% per year. The lowest was -17.00% per year. And the median was -11.20% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Al Maha Petroleum Products Marketing CoOG Dividend Yield % Historical Data
* 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.
Al Maha Petroleum Products Marketing CoOG Dividend Yield % Chart
Al Maha Petroleum Products Marketing CoOG Annual Data
Competitive Comparison of Al Maha Petroleum Products Marketing CoOG's Dividend Yield %
For the Oil & Gas Refining & Marketing subindustry, Al Maha Petroleum Products Marketing CoOG'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.
Al Maha Petroleum Products Marketing CoOG's Dividend Yield % Distribution in the Oil & Gas Industry
* The bar in red indicates where Al Maha Petroleum Products Marketing CoOG's Dividend Yield % falls into.
Al Maha Petroleum Products Marketing CoOG Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Al Maha Petroleum Products Marketing CoOG Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
OMR 0.090000
2024-03-27
2024-03-26
0000-00-00
Cash Dividend
annually
OMR:OMR 1.000000
* 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.
* 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.
Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) 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.
Al Maha Petroleum Products Marketing CoOG Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Al Maha Petroleum Products Marketing CoOG's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) Business Description
Al Maha Petroleum Products Marketing Co SAOG markets and distributes petroleum products. It supplies fuel and petroleum-based products to retail, industrial, and aviation markets and offers environment-friendly oil and lubricants through its service stations. The company maintains a network of service stations throughout Oman. Its product portfolio covers Gasoline, Diesel, Aviation fuel, Kerosene, and Lubricants. The company operates its business through the segments of Retail sales, Commercial sales, and Other sales. The retail sales segment derives key revenue for the company which includes sales made through company-operated stations, dealer-operated stations, and third-party-operated stations.
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