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Stock impact report

Helmerich & Payne (NYSE:HP) Has Announced A Dividend Of $0.25 [Yahoo! Finance]

Helmerich & Payne, Inc. (HP) 
Last helmerich & payne, inc. earnings: 4/30 04:43 pm Check Earnings Report
US:NYSE Investor Relations: hpinc.com
Company Research Source: Yahoo! Finance
This makes the dividend yield 3.1%, which will augment investor returns quite nicely. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Impressive dividend yields are good, but this doesn't matter much if the payments can't be sustained. Despite not being profitable, Helmerich & Payne is paying out most of its free cash flow as a dividend. Generally it is unsustainable for a company to be paying a dividend while unprofitable, and with limited reinvestment into the business growth may be slow. According to analysts, EPS should be several times higher next year. If the dividend continues along recent trends, we estimate the payout ratio will be 8.0%, so there isn't too much pressure on the dividend. See our latest analysis for Helmerich & Payne While the company has been paying a dividend for a long time, it has cut the dividend at least once in the last 10 years. Since 2016, the dividend has gone from $2.75 to Show less Read more
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