Odfjell Drilling (ODL.OL) Dividends

Price: $58.9
Market Cap: $14.12B
Avg Volume: 334.85K
Country: GB
Industry: Oil & Gas Drilling
Sector: Energy
Beta: 1.48
52W Range: $47.2-65.9
Website: Odfjell Drilling

Dividend Overview

Odfjell Drilling (ODL.OL) pays a dividend to its shareholders. Here are the key details:

Dividend Basics
  • Annual Dividend per Share: $5.58
  • Ex-Dividend Date: February 28, 2025
  • Total Dividends Paid (Last Year): $57.20M
Dividend Metrics
  • Dividend Yield: 5.34%
  • Payout Ratio: 88.41%
  • Dividend Growth (YoY): -101.41%
Dividend Yield

5.34%

Dividend Payout Ratio

88.41%

Dividend Paid & Capex Coverage Ratio

1.52x

Odfjell Drilling pays an annual dividend of $5.58 per share. This means that for each share you own, you'll receive $5.58 in dividends over the course of a year, typically paid in quarterly installments.

The most recent ex-dividend date was February 28, 2025. Ex-dividend dates are typically announced in advance of each dividend payment. If you purchase the stock before the ex-dividend date, you'll be eligible for the upcoming dividend payment.

In the last fiscal year, Odfjell Drilling paid a total of $57.20M in dividends to its shareholders. This substantial amount underscores the company's commitment to returning value to its investors.

Currently, Odfjell Drilling's dividend yield stands at 5.34%. To put this in perspective, if you invest $100 in Odfjell Drilling's stock at the current price, you can expect to receive approximately $5.34 in annual dividend income.

The company's dividend payout ratio is 88.41%. This means that Odfjell Drilling is distributing 88.41% of its earnings to shareholders as dividends, while retaining the rest for reinvestment, debt reduction, or other corporate purposes.

Compared to the previous year, Odfjell Drilling's dividend has decreased by -101.41%. This decrease may differ from the growth in dividends per share if the number of outstanding shares has changed.

Historical Dividend Yield5.34%5.34%4.27%4.27%3.20%3.20%2.14%2.14%1.07%1.07%0.00%0.00%20162016201720172018201820192019202020202021202120222022202320232024202420252025
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Historical Dividend Payout Ratio88.41%88.41%70.73%70.73%53.04%53.04%35.36%35.36%17.68%17.68%0.00%0.00%20162016201720172018201820192019202020202021202120222022202320232024202420252025
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Dividend History and Growth

Odfjell Drilling (ODL.OL) dividend payments have grown -101.41% over the past year

Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.

Dividends Paid Growth300.00%300.00%0.00%0.00%-300.00%-300.00%-600.00%-600.00%-900.00%-900.00%-1200.00%-1200.00%20162016201720172018201820192019202020202021202120222022202320232024202420252025
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Odfjell Drilling Dividend History

Historical Dividend$1.7480$1.7480$1.1653$1.1653$0.5827$0.5827$0.0000$0.00002015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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Historical Adjusted Dividend$1.7480$1.7480$1.1653$1.1653$0.5827$0.5827$0.0000$0.00002015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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Dividend Adjusted Dividend Date Record Date Payment Date Declaration Date
$1.3961 $1.3961 February 28, 2025 March 03, 2025 March 13, 2025
$0.06 $0.06 November 15, 2024 November 18, 2024 November 27, 2024
$0.6299 $0.6299 August 30, 2024 September 02, 2024 September 19, 2024
$0.6366 $0.6366 May 24, 2024 May 27, 2024 June 13, 2024
$0.6369 $0.6369 March 01, 2024 March 04, 2024 March 14, 2024
$0.06 $0.06 November 10, 2023 November 13, 2023 November 22, 2023
$0.06 $0.06 September 01, 2023 September 04, 2023 September 13, 2023
$0.05 $0.05 March 18, 2014 March 20, 2014 April 08, 2014 February 28, 2014

Frequently Asked Questions

Odfjell Drilling currently pays an annual dividend of $5.58 per share. This means that for each share you own, you'll receive $5.58 in dividends over the course of a year, typically paid in quarterly installments of $ per share.

Odfjell Drilling's current dividend yield is 5.34%. This means that if you invest $100 in Odfjell Drilling's stock at the current price, you can expect to receive approximately $5.34 in annual dividend income. The dividend yield is calculated by dividing the annual dividend by the current stock price.

The most recent ex-dividend date for Odfjell Drilling was February 28, 2025. Ex-dividend dates are typically announced in advance of each dividend payment. If you purchase the stock before the ex-dividend date, you'll be eligible for the upcoming dividend payment. It's advisable to check Odfjell Drilling's investor relations page or financial news sources for the next ex-dividend date announcement.

Odfjell Drilling's dividend payout ratio is currently 88.41%. This means that the company is distributing 88.41% of its earnings to shareholders as dividends, while retaining the rest for reinvestment, debt reduction, or other corporate purposes. A lower payout ratio suggests that the company has more room to increase dividends in the future or to withstand temporary declines in earnings without cutting the dividend.

In the last fiscal year, Odfjell Drilling paid a total of $57.20M in dividends to its shareholders. To put this in perspective, the company's annual revenue was $-, and its net income was $-. This means that Odfjell Drilling distributed - of its revenue and - of its net income as dividends, demonstrating a balance between returning value to shareholders and reinvesting in the business.

Compared to the previous year, Odfjell Drilling's dividend has decreased by -101.41%. This decrease rate provides insight into the company's dividend policy and financial health over the past year. A decrease in dividends can occur for various reasons, including changes in the company's financial situation or strategic priorities.