PHX Phx Minerals dividend history, payout ratio & dates
Phx Minerals's latest cash dividend of $0.04 per share was issued to shareholders on record before Aug 23, 2024. The dividend distribution stands at $0.13 per share annually, which comes to a dividend yield of 3.59%. The latest PHX dividend of $0.04 is an increase from the previous $0.03 payout, representing a growth of 33%.
Key dates
- PHX last dividend date: Aug 23, 2024
PHX dividend stats
vs. Energy sector
Dividend yield
PHX has a dividend yield of 3.59% which is below the Energy sector, the industry and its peers average. If we compare it with its Energy sector average of 4.48%, Phx Minerals's dividend yield is 20% lower. The current dividend yield is more than the historical average of 2.5% of the last 5 years.
Dividend history
Phx Minerals has been paying dividends for the last 28 years. Our records show that PHX has distributed four dividends in the past year. The annualized dividend per share has an increase of 48% since twelve months ago. And with the price of the stock up by 2% from a year ago, the dividend yield has an increase of 45%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 23, 2024 | $0.04 | 3.83% |
| May 31, 2024 | $0.03 | 3.46% |
| Mar 15, 2024 | $0.03 | 3.44% |
| Nov 21, 2023 | $0.03 | 2.9% |
| Aug 23, 2023 | $0.023 | 2.72% |
| May 19, 2023 | $0.023 | 2.91% |
| Feb 16, 2023 | $0.023 | 2.7% |
| Nov 22, 2022 | $0.02 | 2.05% |
| Aug 24, 2022 | $0.02 | 1.74% |
| May 18, 2022 | $0.02 | 1.7% |
| Feb 16, 2022 | $0.015 | 1.87% |
| Nov 22, 2021 | $0.01 | 1.52% |
| Aug 25, 2021 | $0.01 | 1.5% |
| May 19, 2021 | $0.01 | 1.34% |
| Feb 18, 2021 | $0.01 | 1.25% |
| Nov 20, 2020 | $0.01 | 4.17% |
| Aug 26, 2020 | $0.01 | 4.61% |
| May 20, 2020 | $0.01 | 2.92% |
| Feb 19, 2020 | $0.04 | 2.46% |
| Nov 19, 2019 | $0.04 | 1.21% |
| Aug 21, 2019 | $0.04 | 1.45% |
| Jun 3, 2019 | $0.04 | 1.2% |
| Feb 15, 2019 | $0.04 | 1% |
| Nov 20, 2018 | $0.04 | 0.99% |
| Aug 22, 2018 | $0.04 | 0.84% |
| Jun 4, 2018 | $0.04 | 0.79% |
| Feb 16, 2018 | $0.04 | 0.85% |
| Nov 21, 2017 | $0.04 | 0.77% |
| Aug 18, 2017 | $0.04 | 0.82% |
| May 26, 2017 | $0.04 | 0.83% |
| Feb 16, 2017 | $0.04 | 0.78% |
| Nov 21, 2016 | $0.04 | 0.68% |
| Aug 17, 2016 | $0.04 | 0.89% |
| May 26, 2016 | $0.04 | 0.99% |
| Feb 17, 2016 | $0.04 | 1.07% |
| Nov 19, 2015 | $0.04 | 0.87% |
| Aug 18, 2015 | $0.04 | 0.86% |
| May 22, 2015 | $0.04 | 0.75% |
| Feb 17, 2015 | $0.04 | 0.64% |
Phx Minerals dividend payout ratio
Payout ratio
PHX has a payout ratio of 86.7% which is higher than the Energy sector, the industry and its peers average. In comparison with the Energy sector average of 49.3%, Phx Minerals's payout ratio is 76% higher.
Total amount of dividends paid per financial year (from cash flow)
PHX dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| DMLP Dorchester Minerals Lp | 10.07% | $3.34 | 125.9% |
| PBT Permian Basin Royalty Trust | 6.67% | $0.78 | 114.4% |
| APA Apache Corp | 4.08% | $1 | 10.9% |
| PHX Phx Minerals Inc | 3.59% | $0.13 | 86.7% |
| DVN Devon Energy Corp | 3.06% | $1.21 | 21.8% |
| EXE Expand Energy Corp. | 2.93% | $2.44 | 72.8% |
Frequently asked questions
Does Phx Minerals pay a dividend?
Yes, Phx Minerals has paid four dividends in the last twelve months. PHX has been paying dividends since 1996.
When was PHX's last dividend?
Phx Minerals's last dividend ex-date was on Aug 23, 2024. The dividend amount was $0.04 per share.
How much dividend does Phx Minerals pay (per share)?
PHX has paid dividend of $0.13 per share in the last year.
What is Phx Minerals's dividend yield?
Currently Phx Minerals's dividend yield is 3.59%.
How often does Phx Minerals pay dividends?
Phx Minerals pays four dividends per year.
What is Phx Minerals's dividend payout ratio?
The dividend payout ratio of Phx Minerals is 86.7%.
Does Phx Minerals pay a good dividend?
Phx Minerals's dividend yield is less than the Energy sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.