Objective (ASX:OCL) Dividend Payout Ratio : 0.80 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Objective Dividend Payout Ratio?

Objective's dividend payout ratio for the months ended in Dec. 2023 was 0.80.

The historical rank and industry rank for Objective's Dividend Payout Ratio or its related term are showing as below:

ASX:OCL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.42 Med: 0.5 Max: 0.71
Current: 0.49

During the past 13 years, the highest Dividend Payout Ratio of Objective was 0.71. The lowest was 0.42. And the median was 0.50.

ASX:OCL's Dividend Payout Ratio is ranked worse than
65.74% of 829 companies
in the Software industry
Industry Median: 0.36 vs ASX:OCL: 0.49

As of today (2024-05-17), the Dividend Yield % of Objective is 1.06%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Objective was 5.81%. The lowest was 0.33%. And the median was 1.38%.

Objective's Dividends per Share for the months ended in Dec. 2023 was A$0.14.

During the past 12 months, Objective's average Dividends Per Share Growth Rate was 22.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 30.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 22.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Objective was 115.40% per year. The lowest was -19.70% per year. And the median was 14.10% per year.

The growth rate is calculated with least square regression.

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

Objective Dividend Payout Ratio Historical Data

The historical data trend for Objective's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Objective Dividend Payout Ratio Chart

Objective Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.52

0.43

0.42

0.44

0.50

Objective Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															1.00	-	0.99	-	0.80

Competitive Comparison of Objective's Dividend Payout Ratio

For the Software - Application subindustry, Objective's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Objective's Dividend Payout Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Objective's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Objective's Dividend Payout Ratio falls into.

Objective Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Objective's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	0.11	/	0.219
	=	0.50

Objective's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.135	/	0.169
	=	0.80

Objective (ASX:OCL) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Objective Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Objective's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Objective (ASX:OCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Objective Corp Ltd (ASX:OCL) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

177 Pacific Highway, Level 30, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.objective.com.au

Objective Corporation is a founder-led technology company providing software and services for compliance with government regulations. Objective's primary business is its content management software for the Australian public sector, which ensures government information can be gathered, located, accessed, supplemented, authored, collaborated on, signed off on, and shared in a compliant manner. Objective also offers products which encompass industry-specific applications of enterprise content management software, such as for assessing building development applications, compiling new regulations and providing ministerial briefs.

Objective (ASX:OCL) Headlines

No Headlines