Sitio Royalties Dividends and Buybacks
Dividend criteria checks 2/6
Sitio Royalties is a dividend paying company with a current yield of 8.02%. Next payment date is on 27th November, 2024 with an ex-dividend date of 19th November, 2024.
Key information
8.0%
Dividend yield
2.9%
Buyback Yield
| Total Shareholder Yield | 10.9% |
| Future Dividend Yield | 5.7% |
| Dividend Growth | -13.1% |
| Next dividend pay date | 27 Nov 24 |
| Ex dividend date | 19 Nov 24 |
| Dividend per share | US$1.900 |
| Payout ratio | -2,540% |
Recent dividend and buyback updates
Recent updates
Sitio Royalties' (NYSE:STR) Dividend Is Being Reduced To $0.28
Nov 12
Revenues Not Telling The Story For Sitio Royalties Corp. (NYSE:STR)
Oct 01For A Number Of Reasons, I Would Not Buy Sitio Royalties Corp.
Jul 17We Think Sitio Royalties (NYSE:STR) Is Taking Some Risk With Its Debt
Jul 03Sitio Royalties Corp.'s (NYSE:STR) Price In Tune With Revenues
May 01Sitio Royalties: DJ Basin Acquisition Boosts FCF, But May Delay An Increased Payout Ratio
Apr 27Upgrading Sitio Royalties To A Buy Following A 20% Decline In Share Price
Feb 09Sitio Royalties (NYSE:STR) Has A Somewhat Strained Balance Sheet
Feb 02Investors Interested In Sitio Royalties Corp.'s (NYSE:STR) Revenues
Dec 19Sitio Royalties: New Notes Reduce Interest Costs By Around $15 Million Per Year
Oct 23Sitio Royalties: Dividend Should Be Higher During Remainder Of 2023
Aug 16Sitio Royalties' (NYSE:STR) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 12Estimating The Fair Value Of Sitio Royalties Corp. (NYSE:STR)
Jun 08Sitio Royalties Completes Its Merger With Brigham Minerals
Jan 06Calculating The Intrinsic Value Of Sitio Royalties Corp. (NYSE:STR)
Jan 05Sitio Royalties Q3 2022 Earnings Preview
Nov 07Sitio Royalties: Reasons For Being Undervalued
Oct 10reports Q2 results
Aug 08Sitio Royalties Corp.: 10.79% Dividend Yield With Industrial Catalyst
Jul 26Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: STR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: STR has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Sitio Royalties Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (STR) | 8.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Oil and Gas) | 3.8% |
| Analyst forecast (STR) (up to 3 years) | 5.7% |
Notable Dividend: STR's dividend (8.02%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: STR's dividend (8.02%) is in the top 25% of dividend payers in the US market (4.34%)
Earnings Payout to Shareholders
Earnings Coverage: STR is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (96.8%), STR's dividend payments are not well covered by cash flows.