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MUR Murphy Oil dividend history, payout ratio & dates

Murphy Oil's latest quarterly cash dividend of $0.3 per share was issued to shareholders on record before Feb 16, 2024. The dividend distribution stands at $1.13 per share annually, which comes to a dividend yield of 2.44%. The latest MUR dividend of $0.3 is an increase from the previous $0.275 payout, representing a growth of 9%.

Key dates

  • MUR last dividend date: Feb 16, 2024
  • MUR next dividend date: May 17, 2024
MUR dividend stats
DPS
$1.13
Dividend yield
2.45%
Payout ratio
26.4%
vs. Energy sector
Dividend yield
3.71%
Payout ratio
44.6%

Dividend yield

What is Murphy Oil current dividend yield

MUR has a dividend yield of 2.44% which is below the Energy sector, the industry and its peers average. In comparison with its Energy sector average of 3.71%, Murphy Oil's dividend yield is 34% lower. The current dividend yield is lower than the historical average of 3.4% of the last 5 years.

Dividend history

What is MUR dividend payout history and dates

Murphy Oil has been paying dividends for the last 30 years. Our records show that MUR has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 18% since twelve months ago. However with the price of the stock up by 24% from a year ago, the dividend yield has a decrease of 4.5%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Feb 16, 2024 Mar 4, 2024 Jan 25, 2024 $0.3 normal
Nov 10, 2023 Dec 1, 2023 Oct 4, 2023 $0.275 normal
Aug 11, 2023 Sep 1, 2023 Aug 2, 2023 $0.275 normal
May 12, 2023 Jun 1, 2023 Apr 5, 2023 $0.275 normal
Feb 10, 2023 Mar 1, 2023 Jan 26, 2023 $0.275 normal
Nov 10, 2022 Dec 1, 2022 Oct 5, 2022 $0.25 normal
Aug 12, 2022 Sep 1, 2022 Aug 3, 2022 $0.25 normal
May 13, 2022 Jun 1, 2022 Apr 6, 2022 $0.175 normal
Feb 11, 2022 Mar 1, 2022 Jan 27, 2022 $0.15 normal
Nov 12, 2021 Dec 1, 2021 Oct 6, 2021 $0.125 normal
Aug 13, 2021 Sep 1, 2021 Aug 4, 2021 $0.125 normal
May 14, 2021 Jun 1, 2021 Apr 7, 2021 $0.125 normal
Feb 12, 2021 Mar 1, 2021 Feb 3, 2021 $0.125 normal
Nov 13, 2020 Dec 1, 2020 Oct 7, 2020 $0.125 normal
Aug 14, 2020 Sep 1, 2020 Aug 5, 2020 $0.125 normal
May 15, 2020 Jun 1, 2020 $0.125 normal
Feb 14, 2020 Mar 2, 2020 Feb 5, 2020 $0.25 normal
Nov 15, 2019 Dec 2, 2019 Oct 2, 2019 $0.25 normal
Aug 16, 2019 Sep 3, 2019 Aug 7, 2019 $0.25 normal
May 17, 2019 Jun 3, 2019 Apr 3, 2019 $0.25 normal
Feb 15, 2019 Mar 1, 2019 Feb 6, 2019 $0.25 normal
Nov 8, 2018 Dec 3, 2018 Oct 3, 2018 $0.25 normal
Aug 10, 2018 Sep 4, 2018 Aug 1, 2018 $0.25 normal
May 11, 2018 Jun 1, 2018 Apr 4, 2018 $0.25 normal
Feb 16, 2018 Mar 5, 2018 Feb 7, 2018 $0.25 normal
Nov 10, 2017 Dec 1, 2017 Oct 4, 2017 $0.25 normal
Aug 10, 2017 Sep 1, 2017 Aug 2, 2017 $0.25 normal
May 11, 2017 Jun 1, 2017 Apr 5, 2017 $0.25 normal
Feb 9, 2017 Mar 1, 2017 Feb 1, 2017 $0.25 normal
Nov 9, 2016 Dec 1, 2016 Oct 5, 2016 $0.25 normal
Aug 11, 2016 Sep 1, 2016 Aug 3, 2016 $0.25 normal
May 12, 2016 Jun 1, 2016 Apr 6, 2016 $0.35 normal
Feb 11, 2016 Mar 1, 2016 Feb 3, 2016 $0.35 normal

Murphy Oil dividend payout ratio

What is Murphy Oil dividend payout ratio compared to the sector

Payout ratio

MUR has a payout ratio of 26.4% which is lower than the Energy sector, the industry and its peers average. In comparison with the Energy sector average of 44.6%, Murphy Oil's payout ratio is 41% lower.

Total amount of dividends paid per financial year (from cash flow)

MUR dividend vs peer dividends

How does MUR dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
CVX Chevron Corp 3.77% $6.16 54%
XOM Exxon Mobil Corp 3.08% $3.72 41.8%
DVN Devon Energy Corp 2.89% $1.5 25.6%
VLO Valero Energy Corp 2.49% $4.13 16.6%
MUR Murphy Oil Corp 2.45% $1.13 26.4%
COP Conocophillips 1.76% $2.27 25%
HES Hess Corp 1.11% $1.75 38.7%

Frequently asked questions

Does Murphy Oil pay a dividend?

Yes, Murphy Oil has been paying dividends for the last 30 years.

When is Murphy Oil's next dividend?

MUR's next dividend is scheduled on May 17, 2024 (ex-date).

When was MUR's last dividend?

Murphy Oil's last dividend ex-date was on Feb 16, 2024. The dividend amount was $0.3 per share.

How much dividend does Murphy Oil pay (per share)?

MUR's annualized dividend per share is $1.13.

What is Murphy Oil's dividend yield?

Currently Murphy Oil's dividend yield is 2.44%.

How often does Murphy Oil pay dividends?

Murphy Oil pays four dividends per year.

What is Murphy Oil's dividend payout ratio?

The dividend payout ratio of Murphy Oil is 26.4%.

Does Murphy Oil pay a good dividend?

Murphy Oil's dividend yield is lower than the Energy sector average.