Okea ASA (OSTO:OKEA) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Okea ASA Dividend Payout Ratio?

Okea ASA's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

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

OSTO:OKEA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.3 Med: 0.32 Max: 0.44
Current: 0.44

During the past 9 years, the highest Dividend Payout Ratio of Okea ASA was 0.44. The lowest was 0.30. And the median was 0.32.

OSTO:OKEA's Dividend Payout Ratio is ranked better than
51.66% of 453 companies
in the Oil & Gas industry
Industry Median: 0.45 vs OSTO:OKEA: 0.44

As of today (2024-05-22), the Dividend Yield % of Okea ASA is 12.02%.

During the past 9 years, the highest Trailing Annual Dividend Yield of Okea ASA was 17.94%. The lowest was 1.66%. And the median was 10.64%.

Okea ASA's Dividends per Share for the months ended in Mar. 2024 was kr0.00.

During the past 12 months, Okea ASA's average Dividends Per Share Growth Rate was -23.10% per year.

The growth rate is calculated with least square regression.

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

Okea ASA Dividend Payout Ratio Historical Data

The historical data trend for Okea ASA'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.

Okea ASA Dividend Payout Ratio Chart

Okea ASA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.30

0.34

Okea ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.34	0.37	0.22	0.70	-

Competitive Comparison of Okea ASA's Dividend Payout Ratio

For the Oil & Gas E&P subindustry, Okea ASA'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.

Okea ASA's Dividend Payout Ratio Distribution in the Oil & Gas Industry

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

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

Okea ASA Dividend Payout Ratio Calculation

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

Okea ASA'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 )
	=	4	/	11.712
	=	0.34

Okea ASA'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 )
	=	0	/	-1.923
	=	N/A

Okea ASA (OSTO:OKEA) 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.

Okea ASA Dividend Payout Ratio Related Terms

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

Okea ASA (OSTO:OKEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Okea ASA (OSTO:OKEA) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

OKEA:Norway OKEAo:UK 3SX:Germany

Address

Kongens Gate 8, Trondheim, NOR, 7011

Website

https://www.okea.no

Okea ASA is an independent oil producer. The company's only reportable segment is the development and production of oil and gas on the Norwegian Continental Shelf. Its operation includes Draugen Field, Gjoa Field, Ivar Aasen, Grevling and Yme.

Okea ASA (OSTO:OKEA) Headlines

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