Sitio Royalties (Sitio Royalties) Dividend Payout Ratio

: 0.44 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

Sitio Royalties's dividend payout ratio for the months ended in Dec. 2023 was 0.44.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Sitio Royalties Corp is 1.10, which seems too high.

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

STR' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 1.06 Med: 1.06 Max: 1.1
Current: 1.1

During the past 4 years, the highest Dividend Payout Ratio of Sitio Royalties was 1.10. The lowest was 1.06. And the median was 1.06.

STR's Dividend Payout Ratio is ranked worse than
85.11% of 450 companies
in the Oil & Gas industry
Industry Median: 0.44 vs STR: 1.10

As of today (2024-04-19), the Dividend Yield % of Sitio Royalties is 7.96%.

During the past 4 years, the highest Trailing Annual Dividend Yield of Sitio Royalties was 9.70%. The lowest was 2.25%. And the median was 6.00%.

Sitio Royalties's Dividends per Share for the months ended in Dec. 2023 was $0.49.

The growth rate is calculated with least square regression.

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

Sitio Royalties Dividend Payout Ratio Historical Data

The historical data trend for Sitio Royalties'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.

Sitio Royalties Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

1.06

Sitio Royalties Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio								-	2.75	1.81	2.14	0.44

Competitive Comparison

For the Oil & Gas E&P subindustry, Sitio Royalties'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.

Sitio Royalties Dividend Payout Ratio Distribution

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

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

Sitio Royalties Dividend Payout Ratio Calculation

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

Sitio Royalties'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 )
	=	1.99	/	1.884
	=	1.06

Sitio Royalties'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 )
	=	0.49	/	1.124
	=	0.44

Sitio Royalties (NYSE:STR) 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.

Sitio Royalties Dividend Payout Ratio Related Terms

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

Sitio Royalties (Sitio Royalties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sitio Royalties Corp (NYSE:STR) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

SB9:Germany

Address

1401 Lawrence Street, Suite 1750, Denver, CO, USA, 80202

Website

https://www.sitio.com

Sitio Royalties Corp is a pure-play mineral and royalty company. The group focuses on investing in mineral and royalty interests in the Permian and other productive U.S. oil basins.

Executives

Christopher L. Conoscenti	director, officer: Chief Executive Officer	1144 15TH STREET, SUITE 2650, DENVER CO 80202
Oaktree Holdings, Ltd.	director, 10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Management Lp	director, 10 percent owner	333 S GRAND AVE 28TH FL, LOS ANGELES CA 90071
Ocm Fie, Llc	director, 10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Bx Royal Aggregator Lp	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bcp Vi/bep Holdings Manager L.l.c.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Steven R Jones	director	1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Claire Harvey	director	510 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10022
Bcp Vii/bep Ii Holdings Manager L.l.c.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Morris R Clark	director	CIVITAS RESOURCES, INC., 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Bam Partners Trust	director, 10 percent owner	181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Alice E Gould	director	C/O COREPOINT LODGING INC., 909 HIDDEN RIDGE, SUITE 600, IRVING TX 75038
Michael J Downs	officer: Chief Operating Officer	1845 WALNUT STREET, SUITE 1111, PHILADELPHIA PA 19103
Stephen J. Pilatzke	officer: Chief Accounting Officer	1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Bryan Gunderson	director, officer: CEO and President	510 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10022