By the end of today, August 22, 2023, APA (NASDAQ: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
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| 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 (NYSE: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.
