As of today (2024-04-19), the Trailing Annual Dividend Yield of Sitio Royalties is 8.19%.
The historical rank and industry rank for Sitio Royalties's Dividend Yield % or its related term are showing as below:
STR'
s Dividend Yield % Range Over the Past 10 Years
Min: 2.25 Med: 6 Max: 9.7
Current: 8.19
During the past 4 years, the highest Dividend Yield of Sitio Royalties was 9.70%. The lowest was 2.25%. And the median was 6.00%.
STR's Dividend Yield % is ranked better than 81.54% of 493
companies
in the Oil & Gas industry
Industry Median: 4.05
vs STR: 8.19
Sitio Royalties's Dividend Payout Ratio for the
three
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.
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.
Sitio Royalties's Dividends per Share for the
three
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 Yield % Historical Data
The historical data trend for Sitio Royalties's Dividend Yield % 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 Yield %
-
-
-
8.46
Sitio Royalties Quarterly Data
Dec20
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Dividend Yield %
-
2.65
4.19
6.20
8.46
Competitive Comparison
For the Oil & Gas E&P subindustry, Sitio Royalties's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % Distribution
For the Oil & Gas industry and Energy sector, Sitio Royalties's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Sitio Royalties's Dividend Yield % falls into.
Sitio Royalties Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Sitio Royalties Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.510
2024-03-14
2024-03-15
2024-03-28
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.490
2023-11-20
2023-11-21
2023-11-30
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.400
2023-08-17
2023-08-18
2023-08-31
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.500
2023-05-18
2023-05-19
2023-05-31
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Sitio Royalties's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
1.9
/
23.25
=
8.17 %
Current Share Price is $23.25.
Sitio Royalties's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.9.
Sitio Royalties's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
2.04
/
23.25
=
8.77 %
Current Share Price is $23.25.
Sitio Royalties's Dividends per Share for the forward twelve months is calculated as $0.51 * 4 = $2.04.
* 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.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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.
Thank you for viewing the detailed overview of Sitio Royalties's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Sitio Royalties (Sitio Royalties) Business Description
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.
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