Ecopetrol (Ecopetrol) Dividend Payout Ratio

: 1.61 (As of Sep. 2023)

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Ecopetrol's dividend payout ratio for the months ended in Sep. 2023 was 1.61.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ecopetrol SA is 1.33, which seems too high.

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

EC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.49 Max: 8.24
Current: 1.47

During the past 13 years, the highest Dividend Payout Ratio of Ecopetrol was 8.24. The lowest was 0.04. And the median was 0.49.

EC's Dividend Payout Ratio is ranked worse than
90.67% of 450 companies
in the Oil & Gas industry
Industry Median: 0.44 vs EC: 1.47

As of today (2024-04-18), the Dividend Yield % of Ecopetrol is 30.44%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Ecopetrol was 30.52%. The lowest was 0.47%. And the median was 7.09%.

Ecopetrol's Dividends per Share for the months ended in Sep. 2023 was $0.98.

During the past 12 months, Ecopetrol's average Dividends Per Share Growth Rate was -33.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 21.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ecopetrol was 98.50% per year. The lowest was -53.40% per year. And the median was 4.95% per year.

The growth rate is calculated with least square regression.

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

Ecopetrol Dividend Payout Ratio Historical Data

The historical data trend for Ecopetrol'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.

Ecopetrol Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.46

8.24

0.05

0.38

1.15

Ecopetrol Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Dividend Payout Ratio																-	-	-	1.61	1.31

Competitive Comparison

For the Oil & Gas Integrated subindustry, Ecopetrol'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.

Ecopetrol Dividend Payout Ratio Distribution

For the Oil & Gas industry and Energy sector, Ecopetrol's Dividend Payout Ratio distribution charts can be found below:

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

Ecopetrol Dividend Payout Ratio Calculation

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

Ecopetrol's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2022 )	/	EPS without NRI (A: Dec. 2022 )
	=	1.263	/	3.295
	=	0.38

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

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2023 )	/	EPS without NRI (Q: Sep. 2023 )
	=	0.984	/	0.61
	=	1.61

Ecopetrol (NYSE:EC) 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.

Ecopetrol Dividend Payout Ratio Related Terms

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

Ecopetrol (Ecopetrol) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ecopetrol SA (NYSE:EC) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

ECHA:Germany ECHA:Germany ECOPETROL:Columbia E1CO34:Brazil

Address

Carrera 13 No. 36 - 24, Main Building, Bogota, COL

Website

https://www.ecopetrol.com.co

Ecopetrol SA is a vertically integrated oil company with operations in Latin America and the United States Gulf Coast. Based out of Colombia, the company explores, develops, and conducts production activities in various countries. Ecopetrol works as the primary operator or partner in a joint venture, in a host of assets held onshore and offshore. Along with production, the company refines and markets crude oils and byproducts produced from its fields. Crude products are moved by Ecopetrol through a series of pipelines throughout Colombia, along with a network of third-party production centers and facilities.