By the end of today, August 22, 2023, APA APA is set to deliver a dividend payout of $0.25 per share, equating to an annualized dividend yield of 2.99%. The company's dividend payout went ex-dividend on July 20, 2023, so only the investors that owned the stock prior to the ex-dividend date will receive this payout.
APA Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-07-20 | 4 | $0.25 | 2.99% | 2023-05-23 | 2023-07-21 | 2023-08-22 |
| 2023-04-20 | 4 | $0.25 | 2.36% | 2023-02-03 | 2023-04-21 | 2023-05-22 |
| 2023-01-20 | 4 | $0.25 | 2.28% | 2022-12-13 | 2023-01-23 | 2023-02-22 |
| 2022-10-20 | 4 | $0.25 | 2.56% | 2022-09-14 | 2022-10-21 | 2022-11-22 |
| 2022-07-21 | 4 | $0.12 | 1.31% | 2022-05-12 | 2022-07-22 | 2022-08-22 |
| 2022-04-21 | 4 | $0.12 | 1.45% | 2022-02-04 | 2022-04-22 | 2022-05-23 |
| 2022-01-20 | 4 | $0.12 | 1.83% | 2021-11-03 | 2022-01-21 | 2022-02-22 |
| 2021-10-21 | 4 | $0.06 | 1.24% | 2021-09-20 | 2021-10-22 | 2021-11-22 |
| 2021-07-21 | 4 | $0.03 | 0.49% | 2021-05-27 | 2021-07-22 | 2021-08-23 |
| 2021-04-21 | 4 | $0.03 | 0.61% | 2021-02-05 | 2021-04-22 | 2021-05-21 |
| 2021-01-21 | 4 | $0.03 | 0.66% | 2020-12-07 | 2021-01-22 | 2021-02-22 |
| 2020-10-21 | 4 | $0.03 | 0.84% | 2020-09-16 | 2020-10-22 | 2020-11-23 |
When comparing APA's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Woodside Energy Group WDS having the highest annualized dividend yield at 10.19%.
Analyzing APA Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
From 2019 to 2022, there was a decline in the company's dividend per share, dropping from $1.00 in 2019 to $0.75 in 2022. This negative trend suggests a reduction in the company's dividend distribution, which requires careful investigation to identify the underlying causes.
YoY Earnings Growth For APA
From 2019 to 2022, APA experienced a growth in earnings per share, with an increase from $0.23 to $7.55. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
Recap
In this article, we explore the recent dividend payout of APA and its significance for shareholders. The company has decided to distribute a dividend of $0.25 per share today, which equates to an annualized dividend yield of 2.99%.
When comparing APA's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Woodside Energy Group having the highest annualized dividend yield at 10.19%.
The declining dividend per share and rising earnings per share of APA from 2019 to 2022 indicate a deliberate decision to prioritize reinvestment of profits into the company's operations over dividend payments.
Investors should closely follow the company's performance in the coming quarters to stay up-to-date on any shifts in financials or dividend disbursements.
\To stay up-to-date with the companies that are announcing their dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Ex-Date | ticker | name | Dividend | Yield | Announced | Record | Payable |
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