Sitio Royalties's most recent quarterly dividend payment of $0.49 per share was made to shareholders on record before Nov 20, 2023. The payout stands at $1.99 per share annually, which works out to a dividend yield of 9.03%. The latest STR stock dividend of $0.49 is an increase from the previous $0.4 distribution, representing a growth of 23%.
Sitio Royalties's dividend yield of 9.03% is above the Energy sector, the industry and its peers average. If we compare it with its Energy sector average of 3.76%, Sitio Royalties's dividend yield is 140% higher. Historically STR's dividend yield has averaged at 9.4% in the last 5 years, which is similar to the current yield.
Sitio Royalties has been paying dividends for the last five years. According to our data STR has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 13% for the last year. And since the stock price has gone down by 30% from a year ago, the dividend yield has increased by 62%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 20, 2023 | Nov 30, 2023 | Nov 8, 2023 | $0.49 | normal |
| Aug 17, 2023 | Aug 31, 2023 | Aug 8, 2023 | $0.4 | normal |
| May 18, 2023 | May 31, 2023 | May 9, 2023 | $0.5 | normal |
| Mar 16, 2023 | Mar 31, 2023 | Mar 8, 2023 | $0.6 | normal |
| Nov 18, 2022 | Nov 30, 2022 | Nov 8, 2022 | $0.72 | normal |
| Aug 17, 2022 | Aug 31, 2022 | Aug 8, 2022 | $0.71 | normal |
| May 17, 2022 | May 31, 2022 | May 4, 2022 | $0.18 | normal |
| Feb 25, 2022 | Mar 9, 2022 | Feb 17, 2022 | $0.145 | normal |
| Nov 22, 2021 | Dec 8, 2021 | Nov 3, 2021 | $0.155 | normal |
| Aug 24, 2021 | Sep 8, 2021 | Aug 4, 2021 | $0.15 | normal |
| May 24, 2021 | Jun 8, 2021 | May 5, 2021 | $0.1 | normal |
| Feb 24, 2021 | Mar 8, 2021 | Feb 11, 2021 | $0.075 | normal |
| Nov 23, 2020 | Dec 8, 2020 | Nov 4, 2020 | $0.065 | normal |
| Aug 24, 2020 | Sep 8, 2020 | Aug 5, 2020 | $0.03 | normal |
| May 21, 2020 | Jun 8, 2020 | May 7, 2020 | $0.025 | normal |
| Feb 24, 2020 | Mar 9, 2020 | Feb 13, 2020 | $0.135 | normal |
| Nov 19, 2019 | Dec 3, 2019 | Nov 7, 2019 | $0.135 | normal |
| Aug 23, 2019 | Sep 6, 2019 | Aug 5, 2019 | $0.15 | normal |
| May 16, 2019 | May 29, 2019 | May 6, 2019 | $0.175 | normal |
| Feb 20, 2019 | Feb 28, 2019 | Feb 6, 2019 | $0.2 | normal |
| Nov 7, 2018 | Nov 15, 2018 | Oct 23, 2018 | $0.095 | normal |
Sitio Royalties's payout ratio of 1,105.6% is above the Energy sector, the industry and its peers average. In comparison with its Energy sector average of 42.5%, Sitio Royalties's payout ratio is 2,501% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| STR Sitio Royalties Corporation | 8.99% | $1.99 | 1,105.6% |
| KMI Kinder Morgan Inc | 6.34% | $1.13 | 103.2% |
| NWN Northwest Natural Holding Co | 5.21% | $1.94 | 69.9% |
| WMB Williams Companies Inc | 4.74% | $1.77 | 79.3% |
| SWX Southwest Gas Holdings Inc | 4.11% | $2.48 | N/A |
| NFG National Fuel Gas Co | 3.77% | $1.94 | 37.3% |
| NJR New Jersey Resources Corp | 3.7% | $1.59 | 58.2% |
| ATO Atmos Energy Corp | 2.66% | $3.03 | 49.6% |
| MDU Mdu Resources Group Inc | 2.05% | $0.4 | 22.2% |
Yes, Sitio Royalties has paid four dividends in the last 12 months. STR has been paying dividends since 2018.
Currently STR's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in February 2024.
Sitio Royalties's last dividend ex-date was on Nov 20, 2023. The dividend amount was $0.49 per share.
On an annual basis STR pays $1.99 per share.
Currently Sitio Royalties's dividend yield is 9.03%.
Sitio Royalties pays dividends quarterly.
Sitio Royalties's dividend payout ratio is 1,105.6%.
Sitio Royalties's dividend yield is more than the Energy sector average.