ECA Marcellus Trust I (ECA Marcellus Trust I) Dividend Payout Ratio

: 0.20 (As of Dec. 2023)

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ECA Marcellus Trust I's dividend payout ratio for the months ended in Dec. 2023 was 0.20.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of ECA Marcellus Trust I is 2.19, which seems too high.

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

ECTM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.53 Med: 1.09 Max: 2.19
Current: 2.19

During the past 13 years, the highest Dividend Payout Ratio of ECA Marcellus Trust I was 2.19. The lowest was 0.53. And the median was 1.09.

ECTM's Dividend Payout Ratio is ranked worse than
94.68% of 451 companies
in the Oil & Gas industry
Industry Median: 0.44 vs ECTM: 2.19

As of today (2024-04-23), the Dividend Yield % of ECA Marcellus Trust I is 18.78%.

During the past 13 years, the highest Trailing Annual Dividend Yield of ECA Marcellus Trust I was 91.32%. The lowest was 1.67%. And the median was 19.35%.

ECA Marcellus Trust I's Dividends per Share for the months ended in Dec. 2023 was $0.01.

During the past 12 months, ECA Marcellus Trust I's average Dividends Per Share Growth Rate was -70.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 108.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -18.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of ECA Marcellus Trust I was 108.80% per year. The lowest was -61.50% per year. And the median was -18.70% per year.

The growth rate is calculated with least square regression.

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

ECA Marcellus Trust I Dividend Payout Ratio Historical Data

The historical data trend for ECA Marcellus Trust I'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.

ECA Marcellus Trust I Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

1.67

2.11

0.53

1.02

2.19

ECA Marcellus Trust I Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																1.45	2.88	-	-	0.20

Competitive Comparison

For the Oil & Gas Integrated subindustry, ECA Marcellus Trust I'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.

ECA Marcellus Trust I Dividend Payout Ratio Distribution

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

* The bar in red indicates where ECA Marcellus Trust I's Dividend Payout Ratio falls into.

ECA Marcellus Trust I Dividend Payout Ratio Calculation

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

ECA Marcellus Trust I's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.173	/	0.079
	=	2.19

ECA Marcellus Trust I'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 )
	=	0.006	/	0.03
	=	0.20

ECA Marcellus Trust I (OTCPK:ECTM) 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.

ECA Marcellus Trust I Dividend Payout Ratio Related Terms

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

ECA Marcellus Trust I (ECA Marcellus Trust I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ECA Marcellus Trust I (OTCPK:ECTM) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

601 Travis Street, 16th Floor, Houston, TX, USA, 77002

Website

https://ect.q4web.com

ECA Marcellus Trust I is a statutory trust which owns royalty interests in natural gas properties. The underlying properties of the company include working interests owned by Energy Corporation of America and the Private Investors in the Marcellus Shale formation in Greene County, Pennsylvania arising under leases and farm-out agreements related to properties.

Executives

Energy Corp Of America

10 percent owner

4643 SOUTH ULSTER STREET, SUITE 1100, DENVER CO 80237

ECA Marcellus Trust I (ECA Marcellus Trust I) Headlines

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