Murphy Oil's latest quarterly cash dividend of $0.275 per share was issued to shareholders on record before Aug 11, 2023. The dividend distribution stands at $1.08 per share annually, which comes to a dividend yield of 2.38%.
MUR has a dividend yield of 2.38% which is above its peers average but below the Energy sector and the industry average. In comparison with its Energy sector average of 4.01%, Murphy Oil's dividend yield is 41% lower. The current dividend yield is lower than the historical average of 3.4% of the last 5 years.
Murphy Oil has been paying dividends for the last 29 years. Our records show that MUR has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 54% since twelve months ago. And with the price of the stock up by 41% from a year ago, the dividend yield has an increase of 9%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 |
MUR has a payout ratio of 16.4% which is lower than the Energy sector, the industry and its peers average. In comparison with the Energy sector average of 38.1%, Murphy Oil's payout ratio is 57% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CVX Chevron Corp | 3.48% | $5.95 | 37.5% |
| XOM Exxon Mobil Corp | 3.03% | $3.64 | 29.1% |
| VLO Valero Energy Corp | 2.81% | $4.04 | 13.9% |
| DVN Devon Energy Corp | 2.48% | $1.21 | 16.5% |
| MUR Murphy Oil Corp | 2.32% | $1.08 | 16.4% |
| COP Conocophillips | 1.8% | $2.22 | 21.3% |
| HES Hess Corp | 1.07% | $1.69 | 35.1% |
Yes, Murphy Oil has been paying dividends for the last 29 years.
At this point we don't have a record of MUR's next dividend date, but based on the current dividend schedule we project that it will likely be in November 2023.
Murphy Oil's last dividend ex-date was on Aug 11, 2023. The dividend amount was $0.275 per share.
MUR's annualized dividend per share is $1.08.
Currently Murphy Oil's dividend yield is 2.38%.
Murphy Oil pays four dividends per year.
The dividend payout ratio of Murphy Oil is 16.4%.
Murphy Oil's dividend yield is lower than the Energy sector average.