Investors eagerly anticipate the dividend payout from Archrock AROC on August 15, 2023. With a payout of $0.15 per share and an annualized dividend yield of 5.57%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on August 07, 2023
Archrock Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-08-07 | 4 | $0.15 | 5.57% | 2023-07-27 | 2023-08-08 | 2023-08-15 |
| 2023-05-08 | 4 | $0.15 | 6.08% | 2023-04-28 | 2023-05-09 | 2023-05-16 |
| 2023-02-06 | 4 | $0.15 | 6.4% | 2023-01-26 | 2023-02-07 | 2023-02-14 |
| 2022-11-07 | 4 | $0.14 | 7.84% | 2022-10-27 | 2022-11-08 | 2022-11-15 |
| 2022-08-08 | 4 | $0.14 | 6.82% | 2022-07-28 | 2022-08-09 | 2022-08-16 |
| 2022-05-09 | 4 | $0.14 | 6.58% | 2022-04-28 | 2022-05-10 | 2022-05-17 |
| 2022-02-07 | 4 | $0.14 | 6.81% | 2022-01-27 | 2022-02-08 | 2022-02-15 |
| 2021-11-08 | 4 | $0.14 | 6.99% | 2021-10-28 | 2021-11-09 | 2021-11-16 |
| 2021-08-06 | 4 | $0.14 | 6.86% | 2021-07-28 | 2021-08-09 | 2021-08-16 |
| 2021-05-07 | 4 | $0.14 | 6.18% | 2021-04-28 | 2021-05-10 | 2021-05-17 |
| 2021-02-05 | 4 | $0.14 | 6.16% | 2021-01-27 | 2021-02-08 | 2021-02-16 |
| 2020-11-10 | 4 | $0.14 | 9.78% | 2020-11-02 | 2020-11-12 | 2020-11-18 |
Archrock's dividend yield falls in the middle range when compared to its industry peers, with USA Compression Partners USAC having the highest annualized dividend yield at 10.43%.
Analyzing Archrock Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $0.55 to $0.58, indicating the company's dedication to enhancing shareholder value through increased dividends.
YoY Earnings Growth For Archrock
The earnings chart displays a decline in Archrock's earnings per share, decreasing from $0.50 in 2019 to $0.26 in 2022. This downward trend in earnings raises concerns for income-seeking investors, as it suggests a potential impact on future cash dividend payouts. It is important to closely evaluate the factors contributing to this decrease to assess the company's financial health and dividend sustainability.
Recap
This article provides an in-depth analysis of Archrock's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.15 per share, resulting in an annualized dividend yield of 5.57%.
Archrock's dividend yield falls in the middle range when compared to its industry peers, with USA Compression Partners having the highest annualized dividend yield at 10.43%.
The increase in dividend per share from 2019 to 2022 combined with a decrease in earnings per share for Archrock suggests a strategic decision to prioritize shareholder returns over earnings growth.
Investors are encouraged to closely track the company's performance in the upcoming quarters to stay informed of any updates in financials or dividend disbursements.
[Click here](https://www.benzinga.com/stock//dividends) to find details on Archrock's previous dividends.
To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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