Helmerich & Payne Dividends and Buybacks
Dividend criteria checks 3/6
Helmerich & Payne is a dividend paying company with a current yield of 4.19% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 18th November, 2024.
Key information
4.2%
Dividend yield
1.8%
Buyback Yield
| Total Shareholder Yield | 6.0% |
| Future Dividend Yield | 2.8% |
| Dividend Growth | 0.6% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 18 Nov 24 |
| Dividend per share | US$1.510 |
| Payout ratio | 29% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0J4G's dividend payments have been volatile in the past 10 years.
Growing Dividend: 0J4G's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Helmerich & Payne Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0J4G) | 4.2% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (Energy Services) | 4.5% |
| Analyst forecast (0J4G) (up to 3 years) | 2.8% |
Notable Dividend: 0J4G's dividend (4.19%) is higher than the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: 0J4G's dividend (4.19%) is low compared to the top 25% of dividend payers in the UK market (5.87%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.1%), 0J4G's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (78.7%), 0J4G's dividend payments are covered by cash flows.