Adams Resources & Energy, Inc., through its subsidiaries, primarily engages in the marketing, transportation, terminalling, and storage in various crude oil and natural gas basins in the United States. The company operates through three segments: Crude Oil Marketing, Transportation and Storage; Tank truck Transportation of Liquid Chemicals, Pressurized Gases, Asphalt and Dry Bulk; and Pipeline Transportation, Terminalling and Storage of Crude Oil. It purchases crude oil and arranges sales and deliveries to refiners and other customers primarily onshore in Texas, Oklahoma, North Dakota, Michigan, Wyoming, and Louisiana; and owns and operates a fleet of 201 tractor-trailer rigs and maintains approximately 180 pipeline inventory locations or injection stations. The company also transports liquid chemicals, pressurized gases, asphalt, and dry bulk on a for hire basis in the continental United States, and into Canada and Mexico; and operates nineteen truck terminals in Houston, Corpus Christi, Nederland, Freeport, Baton Rouge, St. Rose, Boutte, Sterlington, Jacksonville, Tampa, Atlanta, Augusta, Alabama, North Carolina, Ohio, West Virginia, Arkansas, East St. Louis, Joliet, Louisiana, and the Corpus Christi. In addition, it operates crude oil and condensate pipeline system, which connects the Eagle Ford Basin to the Gulf Coast waterborne market that has a capacity of 450,000 barrels per day. Adams Resources & Energy, Inc. was founded in 1947 and is headquartered in Houston, Texas.
Adams Resources & Energy Dividend Announcement
• Adams Resources & Energy announced a quarterly dividend of $0.24 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-13
• Adams Resources & Energy annual dividend for 2024 was $0.72
• Adams Resources & Energy annual dividend for 2023 was $0.96
• Adams Resources & Energy's trailing twelve-month (TTM) dividend yield is 4.36%
• Adams Resources & Energy's payout ratio for the trailing twelve months (TTM) is -187.42%
• Adams Resources & Energy's dividend growth over the last five years (2018-2023) was 1.76% year
• Adams Resources & Energy's dividend growth over the last ten years (2013-2023) was 3.82% year
Adams Resources & Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | $0.24 | quarterly | 2024-09-27 |
2024-06-14 | $0.24 | quarterly | 2024-06-28 |
2024-03-07 | $0.24 | quarterly | 2024-03-22 |
2023-11-30 | $0.24 | quarterly | 2023-12-15 |
2023-09-07 | $0.24 | quarterly | 2023-09-22 |
2023-06-08 | $0.24 | quarterly | 2023-06-23 |
2023-03-09 | $0.24 | quarterly | 2023-03-24 |
2022-12-01 | $0.24 | quarterly | 2022-12-16 |
2022-09-08 | $0.24 | quarterly | 2022-09-23 |
2022-06-02 | $0.24 | quarterly | 2022-06-17 |
2022-03-03 | $0.24 | quarterly | 2022-03-18 |
2021-12-02 | $0.24 | quarterly | 2021-12-17 |
2021-09-02 | $0.24 | quarterly | 2021-09-17 |
2021-06-03 | $0.24 | quarterly | 2021-06-18 |
2021-03-04 | $0.24 | quarterly | 2021-03-19 |
2020-12-03 | $0.24 | quarterly | 2020-12-18 |
2020-09-03 | $0.24 | quarterly | 2020-09-18 |
2020-06-04 | $0.24 | quarterly | 2020-06-19 |
2020-03-05 | $0.24 | quarterly | 2020-03-20 |
2019-12-05 | $0.24 | quarterly | 2019-12-20 |
2019-09-05 | $0.24 | quarterly | 2019-09-20 |
2019-06-06 | $0.24 | quarterly | 2019-06-21 |
2019-03-07 | $0.22 | quarterly | 2019-03-22 |
2018-12-06 | $0.22 | quarterly | 2018-12-21 |
2018-09-06 | $0.22 | quarterly | 2018-09-21 |
2018-05-31 | $0.22 | quarterly | 2018-06-15 |
2018-03-08 | $0.22 | quarterly | 2018-03-23 |
2017-12-04 | $0.22 | quarterly | 2017-12-19 |
2017-09-01 | $0.22 | quarterly | 2017-09-20 |
2017-05-31 | $0.22 | quarterly | 2017-06-16 |
2017-03-08 | $0.22 | quarterly | 2017-03-24 |
2016-12-01 | $0.22 | quarterly | 2016-12-19 |
2016-09-01 | $0.22 | quarterly | 2016-09-19 |
2016-06-01 | $0.22 | quarterly | 2016-06-17 |
2016-03-09 | $0.22 | quarterly | 2016-03-23 |
2015-11-30 | $0.22 | quarterly | 2015-12-16 |
2015-09-01 | $0.22 | quarterly | 2015-09-17 |
2015-06-01 | $0.22 | quarterly | 2015-06-17 |
2015-03-09 | $0.22 | quarterly | 2015-03-23 |
2014-11-28 | $0.22 | quarterly | 2014-12-16 |
2014-08-29 | $0.22 | quarterly | 2014-09-17 |
2014-05-30 | $0.22 | quarterly | 2014-06-17 |
2014-03-14 | $0.22 | quarterly | 2014-03-28 |
2013-11-27 | $0.22 | quarterly | 2013-12-16 |
2013-08-29 | $0.22 | quarterly | 2013-09-17 |
2013-05-30 | $0.22 | quarterly | 2013-06-17 |
Adams Resources & Energy Dividend per year
Adams Resources & Energy Dividend growth
Adams Resources & Energy Dividend Yield
Adams Resources & Energy current trailing twelve-month (TTM) dividend yield is 4.36%. Interested in purchasing Adams Resources & Energy stock? Use our calculator to estimate your expected dividend yield:
Adams Resources & Energy Financial Ratios
Adams Resources & Energy Dividend FAQ
Other factors to consider when evaluating Adams Resources & Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Adams Resources & Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Adams Resources & Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Adams Resources & Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Adams Resources & Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Adams Resources & Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Adams Resources & Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Adams Resources & Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Adams Resources & Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Adams Resources & Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.