Borr Drilling Dividends and Buybacks
Dividend criteria checks 2/6
Borr Drilling is a dividend paying company with a current yield of 2.25% 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 | 41.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.080 |
| Payout ratio | 15% |
Recent dividend and buyback updates
Recent updates
Borr Drilling: 3 Reasons To Look Beyond The Current Selloff
Nov 25Borr Drilling: Back Into Value Territory After The Sell-Off
Nov 05Borr Drilling: Upgrading On A Strong Outlook And Commitment To Capital Returns - Buy
Aug 19Borr Drilling: Generous Dividend Increase Is A Strong Sign Of Confidence - Hold
Jun 09Borr 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 09Stability 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% (US) | 1.5% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Energy Services) | 2.4% |
| Analyst forecast (BORR) (up to 3 years) | 7.0% |
Notable Dividend: BORR's dividend (2.25%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: BORR's dividend (2.25%) is low compared to the top 25% of dividend payers in the US market (4.48%).
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 | 2025/01/02 13:39 |
| End of Day Share Price | 2025/01/02 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 |
| |
| 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 |