Helmerich & Payne, Inc. (HP) Dividends
Dividend Yield and Dividend History Highlights
- HP's compound annual growth rate of its cash flow over the past 5.51 years is 0.58% -- which is higher than about 94.22% stocks we're looking at.
- HP has an EBITDA to net debt ratio of -99,559,000; for context, that's better than merely 0.61% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with HP that may be suitable potential portfolio mates: OSMT, JKHY, AAPL, EGP and GPRE.
HP Price Forecast Based on Dividend Discount Model
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The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. Regarding Helmerich & Payne Inc, the DDM model, as implemented by StockNews, implies a negative return of 6.66% relative to its current price. Digging deeper, the aspects of Helmerich & Payne Inc's dividend discount model that we found most interesting were:
- The Helmerich & Payne Inc's dividend growth rate is greater than only 12.47% of its fellow large-sized market cap stocks that issue dividends.
- Beta tells us how volatile a stock's price is relative to the broader equity index; for Helmerich & Payne Inc, its beta is lower than only 1.69% of dividend issuing stocks we observed.
HP Dividend Chart
HP Dividend History
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