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 2.48%. The latest MUR dividend of $0.3 is an increase from the previous $0.275 payout, representing a growth of 9%.
MUR has a dividend yield of 2.48% which is below the Energy sector, the industry and its peers average. In comparison with its Energy sector average of 3.81%, Murphy Oil's dividend yield is 35% 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 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. And with the price of the stock up by 16% from a year ago, the dividend yield has an increase of 1.6%.
| 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 |
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 45.1%, Murphy Oil's payout ratio is 41% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CVX Chevron Corp | 3.94% | $6.16 | 54% |
| XOM Exxon Mobil Corp | 3.14% | $3.72 | 41.8% |
| DVN Devon Energy Corp | 2.9% | $1.5 | 25.6% |
| MUR Murphy Oil Corp | 2.48% | $1.13 | 26.4% |
| VLO Valero Energy Corp | 2.47% | $4.13 | 16.6% |
| COP Conocophillips | 1.77% | $2.27 | 25% |
| HES Hess Corp | 1.16% | $1.75 | 38.7% |
Yes, Murphy Oil has been paying dividends for the last 30 years.
MUR's next dividend is scheduled on May 17, 2024 (ex-date).
Murphy Oil's last dividend ex-date was on Feb 16, 2024. The dividend amount was $0.3 per share.
MUR's annualized dividend per share is $1.13.
Currently Murphy Oil's dividend yield is 2.48%.
Murphy Oil pays four dividends per year.
The dividend payout ratio of Murphy Oil is 26.4%.
Murphy Oil's dividend yield is lower than the Energy sector average.