Phx Minerals's latest quarterly cash dividend of $0.03 per share was issued to shareholders on record before Mar 15, 2024. The dividend distribution stands at $0.11 per share annually, which comes to a dividend yield of 3.17%.
PHX has a dividend yield of 3.17% which is below the Energy sector, the industry and its peers average. If we compare it with its Energy sector average of 3.79%, Phx Minerals's dividend yield is 16% lower. The current dividend yield is more than the historical average of 2.3% of the last 5 years.
Phx Minerals has been paying dividends for the last 28 years. Our records show that PHX has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 27% since twelve months ago. And with the price of the stock up by 21% from a year ago, the dividend yield has an increase of 4.6%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 15, 2024 | Mar 29, 2024 | Mar 12, 2024 | $0.03 | normal |
| Nov 21, 2023 | Dec 7, 2023 | Nov 8, 2023 | $0.03 | normal |
| Aug 23, 2023 | Sep 8, 2023 | Aug 8, 2023 | $0.023 | normal |
| May 19, 2023 | Jun 6, 2023 | May 9, 2023 | $0.023 | normal |
| Feb 16, 2023 | Mar 3, 2023 | Dec 13, 2022 | $0.023 | normal |
| Nov 22, 2022 | Dec 7, 2022 | Oct 18, 2022 | $0.02 | normal |
| Aug 24, 2022 | Sep 9, 2022 | Aug 8, 2022 | $0.02 | normal |
| May 18, 2022 | Jun 3, 2022 | May 9, 2022 | $0.02 | normal |
| Feb 16, 2022 | Mar 3, 2022 | Dec 13, 2021 | $0.015 | normal |
| Nov 22, 2021 | Dec 7, 2021 | Oct 21, 2021 | $0.01 | normal |
| Aug 25, 2021 | Sep 10, 2021 | Aug 5, 2021 | $0.01 | normal |
| May 19, 2021 | Jun 4, 2021 | Mar 8, 2021 | $0.01 | normal |
| Feb 18, 2021 | Mar 5, 2021 | Dec 10, 2020 | $0.01 | normal |
| Nov 20, 2020 | Dec 7, 2020 | Oct 27, 2020 | $0.01 | normal |
| Aug 26, 2020 | Sep 11, 2020 | Aug 13, 2020 | $0.01 | normal |
| May 20, 2020 | Jun 5, 2020 | May 7, 2020 | $0.01 | normal |
| Feb 19, 2020 | Mar 6, 2020 | Dec 13, 2019 | $0.04 | normal |
| Nov 19, 2019 | Dec 6, 2019 | Oct 30, 2019 | $0.04 | normal |
| Aug 21, 2019 | Sep 6, 2019 | Jul 17, 2019 | $0.04 | normal |
| Jun 3, 2019 | Jun 18, 2019 | May 15, 2019 | $0.04 | normal |
| Feb 15, 2019 | Mar 7, 2019 | Dec 11, 2018 | $0.04 | normal |
| Nov 20, 2018 | Dec 6, 2018 | Oct 24, 2018 | $0.04 | normal |
| Aug 22, 2018 | Sep 6, 2018 | Jul 18, 2018 | $0.04 | normal |
| Jun 4, 2018 | Jun 19, 2018 | May 24, 2018 | $0.04 | normal |
| Feb 16, 2018 | Mar 8, 2018 | Dec 12, 2017 | $0.04 | normal |
| Nov 21, 2017 | Dec 7, 2017 | Oct 25, 2017 | $0.04 | normal |
| Aug 18, 2017 | Sep 7, 2017 | Jul 19, 2017 | $0.04 | normal |
| May 26, 2017 | Jun 13, 2017 | May 19, 2017 | $0.04 | normal |
| Feb 16, 2017 | Mar 8, 2017 | Dec 9, 2016 | $0.04 | normal |
| Nov 21, 2016 | Dec 7, 2016 | Oct 26, 2016 | $0.04 | normal |
| Aug 17, 2016 | Sep 2, 2016 | Jul 20, 2016 | $0.04 | normal |
PHX has a payout ratio of 26.9% which is lower than the Energy sector, the industry and its peers average. In comparison with the Energy sector average of 44.7%, Phx Minerals's payout ratio is 40% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PBT Permian Basin Royalty Trust | 5.32% | $0.62 | 102.7% |
| PHX Phx Minerals Inc | 3.17% | $0.11 | 26.9% |
| DVN Devon Energy Corp | 2.92% | $1.5 | 25.6% |
Yes, Phx Minerals has paid four dividends in the last twelve months. PHX has been paying dividends since 1996.
At this point we don't have a record of PHX's next dividend date, but based on the current dividend schedule we project that it will likely be in June 2024.
Phx Minerals's last dividend ex-date was on Mar 15, 2024. The dividend amount was $0.03 per share.
PHX has paid dividend of $0.11 per share in the last year.
Currently Phx Minerals's dividend yield is 3.17%.
Phx Minerals pays four dividends per year.
The dividend payout ratio of Phx Minerals is 26.9%.
Phx Minerals's dividend yield is less than the Energy sector average.