APA: The Catalyst for Consistent Growth and Investor Rewards
Portfolio Pulse from Benzinga Insights
APA (NASDAQ:APA) is set to deliver a dividend payout of $0.25 per share, equating to an annualized dividend yield of 2.99%. The company's dividend payout went ex-dividend on July 20, 2023. The company's dividend per share has declined from $1.00 in 2019 to $0.75 in 2022, while its earnings per share have increased from $0.23 to $7.55 over the same period. APA's dividend yield is in the middle of its industry peers, with Woodside Energy Group (NYSE:WDS) having the highest annualized dividend yield at 10.19%.
August 22, 2023 | 3:05 pm
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NEUTRAL IMPACT
APA's dividend payout and increasing earnings per share indicate a potential for enhanced cash dividend payout, beneficial for income-seeking investors.
Despite a decline in dividend per share from 2019 to 2022, APA's earnings per share have increased over the same period, indicating the company's potential to enhance their cash dividend payout. This can be beneficial for income-seeking investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Woodside Energy Group has the highest annualized dividend yield at 10.19% among APA's industry peers.
Woodside Energy Group's high annualized dividend yield compared to APA and other industry peers could make it an attractive option for income-seeking investors.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50