Sustaining Growth Momentum: GeoPark Continues to Excel and Reports Rising Profits
By the close of today, September 07, 2023, GeoPark (NYSE:GPRK) will issue a dividend payout of $0.13 per share, resulting in an annualized dividend yield of 5.43%. This payout is exclusively for shareholders who held the stock before the ex-dividend date on August 23, 2023.
GeoPark Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-08-23 | 4 | $0.13 | 5.43% | 2023-08-09 | 2023-08-24 | 2023-09-07 |
| 2023-05-17 | 4 | $0.13 | 4.98% | 2023-05-03 | 2023-05-18 | 2023-05-31 |
| 2023-03-21 | 4 | $0.13 | 3.95% | 2023-03-08 | 2023-03-22 | 2023-03-31 |
| 2022-11-22 | 4 | $0.13 | 3.34% | 2022-11-09 | 2022-11-23 | 2022-12-07 |
| 2022-08-24 | 4 | $0.13 | 4.52% | 2022-08-10 | 2022-08-25 | 2022-09-08 |
| 2022-05-25 | 4 | $0.08 | 2.23% | 2022-05-11 | 2022-05-26 | 2022-06-10 |
| 2022-03-23 | 4 | $0.08 | 2.21% | 2022-03-09 | 2022-03-24 | 2022-03-31 |
| 2021-11-22 | 4 | $0.04 | 1.13% | 2021-11-10 | 2021-11-23 | 2021-12-07 |
| 2021-08-16 | 4 | $0.04 | 1.36% | 2021-08-04 | 2021-08-17 | 2021-08-31 |
| 2021-05-14 | 4 | $0.02 | 0.53% | 2021-05-05 | 2021-05-17 | 2021-05-28 |
| 2021-03-30 | 4 | $0.02 | 0.47% | 2021-03-11 | 2021-03-31 | 2021-04-13 |
| 2020-11-19 | 4 | $0.02 | 1.2% | 2020-11-04 | 2020-11-20 | 2020-12-09 |
When comparing GeoPark's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer San Juan Basin Royalty (NYSE:SJT) having the highest annualized dividend yield at 26.03%.
Analyzing GeoPark 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
The company demonstrated a positive dividend growth pattern from 2020 to 2022, with the dividend per share rising from $0.09 to $0.42. This signifies the company's commitment to consistently increasing shareholder dividends.
YoY Earnings Growth For GeoPark
Investors can observe a growth in earnings for GeoPark from 2020 to 2022, as earnings per share increased from $1.44 to $3.48. This upward trajectory in earnings indicates potential for future cash dividend payout increases, which can be advantageous for income-seeking investors.
Recap
In this article, we explore the recent dividend payout of GeoPark and its significance for shareholders. The company has decided to distribute a dividend of $0.13 per share today, which equates to an annualized dividend yield of 5.43%.
When comparing GeoPark's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer San Juan Basin Royalty having the highest annualized dividend yield at 26.03%.
Given that GeoPark has experienced an increase in dividend per share from 2020 to 2022 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.
To stay informed about changes in financials or dividend disbursements, investors should pay close attention to the company's performance in the upcoming quarters.
[Track real-time stock fluctuations for GeoPark on Benzinga.](https://www.benzinga.com/quote/GeoPark (NYSE: GPRK))
This article was generated by Benzinga's automated content engine and reviewed by an editor.