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Cool Co (OSL:CLCO) 3-Year Dividend Growth Rate : 0.00% (As of Mar. 2024)


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What is Cool Co 3-Year Dividend Growth Rate?

Cool Co's Dividends per Share for the three months ended in Mar. 2024 was kr4.35.

The historical rank and industry rank for Cool Co's 3-Year Dividend Growth Rate or its related term are showing as below:

OSL:CLCO's 3-Year Dividend Growth Rate is not ranked *
in the Oil & Gas industry.
Industry Median: 14.5
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 12 months, Cool Co's average Dividends Per Share Growth Rate was 315.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Cool Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.87. As of today, Cool Co's Dividend Yield % is 13.10%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Cool Co Ltd is 0.74, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Cool Co's 3-Year Dividend Growth Rate

For the Oil & Gas Midstream subindustry, Cool Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cool Co's 3-Year Dividend Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cool Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Cool Co's 3-Year Dividend Growth Rate falls into.



Cool Co 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Cool Co  (OSL:CLCO) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Cool Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=4.351/ 5.002
=0.87

During the past 3 years, the highest Dividend Payout Ratio of Cool Co was 0.74. The lowest was 0.52. And the median was 0.52.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Cool Co Ltd is 0.74, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Cool Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4100002024-05-302024-05-312024-06-13Cash DividendquarterlyUSD:NOK 10.496190
USD 0.4100002024-03-082024-03-112024-03-21Cash DividendquarterlyUSD:NOK 10.794997
USD 0.4100002023-12-062023-12-072023-12-20Cash DividendquarterlyUSD:NOK 10.174391
USD 0.4100002023-09-082023-09-112023-09-18Cash DividendquarterlyUSD:NOK 10.677600

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Cool Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=17.27870298/131.00
=13.19 %

Current Share Price is kr131.00.
Cool Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr17.27870298.

During the past 3 years, the highest Dividend Yield of Cool Co was 15.78%. The lowest was 2.87%. And the median was 8.93%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cool Co 3-Year Dividend Growth Rate Related Terms>


Cool Co (OSL:CLCO) Business Description

Industry
Traded in Other Exchanges
Address
9 Par-La-Ville Road, 2nd Floor, S.E. Pearman Building, Hamilton, BMU, HM 11
Cool Co Ltd is a LNG shipping company. The company operates and manages the fuel-efficient LNGCs providing critical supply chain support to the international energy industry and flexible LNG transportation solutions, providing a lesser-emitting form of energy to help enable decarbonization efforts. Geographical presence of the company is in Singapore, Europe, Asia, Dutch, Japan and other International LNG trader.

Cool Co (OSL:CLCO) Headlines

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