Borr Drilling Dividends and Buybacks
Dividend criteria checks 1/6
Borr Drilling is a dividend paying company with a current yield of 2.24% that is well covered by earnings.
Key information
2.2%
Dividend yield
-5.6%
Buyback Yield
| Total Shareholder Yield | -3.4% |
| Future Dividend Yield | 7.0% |
| Dividend Growth | 42.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NOK 0.080 |
| Payout ratio | 15% |
Recent dividend and buyback updates
Recent updates
Borr Drilling Limited's (OB:BORR) Shares May Have Run Too Fast Too Soon
Sep 27
Borr Drilling Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Aug 19The Return Trends At Borr Drilling (OB:BORR) Look Promising
Jul 14Borr Drilling (OB:BORR) Is Looking To Continue Growing Its Returns On Capital
Mar 18Borr Drilling Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Feb 26There's Been No Shortage Of Growth Recently For Borr Drilling's (OB:BORR) Returns On Capital
Sep 10Borr Drilling Limited's (OB:BORR) P/S Is On The Mark
Jul 14Returns Are Gaining Momentum At Borr Drilling (OB:BORR)
Jun 07These 4 Measures Indicate That Borr Drilling (OB:BORR) Is Using Debt Extensively
May 13Is Borr Drilling Limited (OB:BORR) Trading At A 31% Discount?
Feb 01Is Borr Drilling (OB:BORR) Using Debt In A Risky Way?
Jan 13Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether BORR's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if BORR's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Borr Drilling Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BORR) | 2.2% |
| Market Bottom 25% (NO) | 3.3% |
| Market Top 25% (NO) | 7.6% |
| Industry Average (Energy Services) | 5.6% |
| Analyst forecast (BORR) (up to 3 years) | 7.0% |
Notable Dividend: BORR's dividend (2.24%) isn’t notable compared to the bottom 25% of dividend payers in the Norwegian market (3.33%).
High Dividend: BORR's dividend (2.24%) is low compared to the top 25% of dividend payers in the Norwegian market (7.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.9%), BORR's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: BORR is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 06:35 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Borr Drilling Limited is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gregory Lewis | BTIG |
| Haithum Nokta | Clarksons Platou Securities |
| Steffen Evjen | Danske Bank |