If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Oil Refineries Ltd is 1.35, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Oil Refineries was 1.35. The lowest was 0.27. And the median was 0.36.
During the past 12 months, Oil Refineries's average Dividends Per Share Growth Rate was -42.50% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Oil Refineries was 34.70% per year. The lowest was -4.60% per year. And the median was 15.05% 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.
Oil Refineries Dividend Yield % Historical Data
The historical data trend for Oil Refineries'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.
Competitive Comparison of Oil Refineries's Dividend Yield %
For the Oil & Gas Refining & Marketing subindustry, Oil Refineries'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.
Oil Refineries's Dividend Yield % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Oil Refineries's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Oil Refineries's Dividend Yield % falls into.
Oil Refineries Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Oil Refineries Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.009600
2024-09-04
2024-09-04
2024-09-19
Cash Dividend
semi-annually
USD:ILS 3.690054
USD 0.045920
2024-03-21
2024-03-21
2024-04-01
Cash Dividend
semi-annually
USD:ILS 3.690054
* 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.
Oil Refineries's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.20487179808
/
0.911
=
22.49 %
Current Share Price is ₪0.911. Oil Refineries's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₪0.20487179808.
Oil Refineries's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.0708490368
/
0.911
=
7.78 %
Current Share Price is ₪0.911. Oil Refineries's Dividends per Share for the forward twelve months is calculated as ₪0.0354245184 * 2 = ₪0.0708490368.
* 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.
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.
Thank you for viewing the detailed overview of Oil Refineries's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Oil Refineries Ltd (ORL), also known as Bazan Group, engages in the production of fuel products. It also manufactures raw materials for the petrochemical industry and materials for the plastic industry, including oils, wax, and accompanying products. The company also provides power and water (mainly electricity and steam) services to a number of industries located near the refinery in Israel. The variety of products refined by ORL is used in industrial operations, transportation, private consumption, agriculture, and infrastructures. ORL plays a key role in Israel's refinery complex, with a major portion of refined products going to local consumption. Although the majority of operations are consumed by refining, ORL is also active in polymer and aromatic production through subsidiaries.
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