Borr Drilling Dividend
Dividend criteria checks 1/6
Borr Drilling is a dividend paying company with a current yield of 0.91% that is well covered by earnings.
Key information
0.9%
Dividend yield
55%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$0.087 |
| Dividend yield forecast in 3Y | 4.9% |
Recent dividend updates
Recent updates
Borr Drilling: Downgrading On Potential Saudi Aramco Jackup Market Impact
Mar 30Borr Drilling: Fundamentals Remain Strong
Mar 15Borr Drilling: Record Profits Ahead As Rig Fleet Is Sold Out
Feb 08Borr Drilling: Still Undervalued, But The Easy Money Has Already Been Made
Jan 05Borr Drilling: Jackup Market Expected To Remain Strong - Buy
Dec 16Borr Drilling: The Rating Agencies Are Turning Positive Too
Nov 15Borr Drilling - Refinancing Terms Disappoint But Weakness Seems Overdone
Nov 07Borr Drilling: The Jack-Ups Orderbook Is At 20-Year Lows
Sep 11Borr Drilling: Q2 Results And Outlook Disappoint - Buy On Weakness
Aug 18Borr Drilling: Accelerated Refinancing Could Provide A Near-Term Catalyst - Buy
Jun 05Borr Drilling: Impressive Results And Outlook - Buy
Jan 25Borr Drilling rises after bagging contracts for jack-up drilling rigs
Dec 30Borr Drilling GAAP EPS of -$0.30, revenue of $107.9M; updated FY22 guidance
Nov 17Borr Drilling: Strong Progress Expected In 2023 And 2024
Oct 14Borr Drilling GAAP EPS of -$1.09, revenue of $105.3M
Aug 09Borr Drilling: Debt Refinancing Woes Likely To Result In Substantial Dilution For Equityholders
Jul 14Borr Drilling: Modern Jackup Demand Projected To Outstrip Supply Soon - Buy
Jun 01Borr Drilling - Recent Outperformance Unlikely To Persist
Apr 06Borr Drilling: A Look At Q4 2021 Results
Feb 17Borr's Outlook Gets More Constructive After Debt Deal
Dec 28Borr Drilling: A Look At Q2 2021 Results
Sep 02Borr Drilling: Dilution Remains A Problem
Jul 13Borr Drilling: Stock Remains In Hibernation Mode
Jun 15Stability 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) | 0.9% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Energy Services) | 2.2% |
| Analyst forecast in 3 Years (BORR) | 4.9% |
Notable Dividend: BORR's dividend (0.91%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: BORR's dividend (0.91%) is low compared to the top 25% of dividend payers in the US market (4.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.3%), BORR's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: BORR is paying a dividend but the company has no free cash flows.