Archrock, Inc., together with its subsidiaries, operates as an energy infrastructure company in the United States. It operates in two segments, Contract Operations and Aftermarket Services. The company engages in the designing, sourcing, owning, installing, operating, servicing, repairing, and maintaining its owned fleet of natural gas compression equipment to provide natural gas compression services to customers in the oil and natural gas industry. It also offers various aftermarket services, such as sale of parts and components; and provision of operation, maintenance, overhaul, and reconfiguration services to customers who own compression equipment. The company was formerly known as Exterran Holdings, Inc. and changed its name to Archrock, Inc. in November 2015. Archrock, Inc. was founded in 1990 and is headquartered in Houston, Texas.
Archrock Dividend Announcement
• Archrock announced a quarterly dividend of $0.17 per ordinary share which will be made payable on 2024-11-13. Ex dividend date: 2024-11-06
• Archrock annual dividend for 2024 was $0.67
• Archrock annual dividend for 2023 was $0.61
• Archrock's trailing twelve-month (TTM) dividend yield is 2.65%
• Archrock's payout ratio for the trailing twelve months (TTM) is 71.40%
• Archrock's dividend growth over the last five years (2018-2023) was 3.89% year
Archrock Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-06 | $0.17 | quarterly | 2024-11-13 |
2024-08-06 | $0.17 | quarterly | 2024-08-13 |
2024-05-06 | $0.17 | quarterly | 2024-05-14 |
2024-02-05 | $0.17 | quarterly | 2024-02-13 |
2023-11-06 | $0.15 | quarterly | 2023-11-14 |
2023-08-07 | $0.15 | quarterly | 2023-08-15 |
2023-05-08 | $0.15 | quarterly | 2023-05-16 |
2023-02-06 | $0.15 | quarterly | 2023-02-14 |
2022-11-07 | $0.14 | quarterly | 2022-11-15 |
2022-08-08 | $0.14 | quarterly | 2022-08-16 |
2022-05-09 | $0.14 | quarterly | 2022-05-17 |
2022-02-07 | $0.14 | quarterly | 2022-02-15 |
2021-11-08 | $0.14 | quarterly | 2021-11-16 |
2021-08-06 | $0.14 | quarterly | 2021-08-16 |
2021-05-07 | $0.14 | quarterly | 2021-05-17 |
2021-02-05 | $0.14 | quarterly | 2021-02-16 |
2020-11-10 | $0.14 | quarterly | 2020-11-18 |
2020-08-07 | $0.14 | quarterly | 2020-08-14 |
2020-05-08 | $0.14 | quarterly | 2020-05-18 |
2020-02-06 | $0.14 | quarterly | 2020-02-14 |
2019-11-06 | $0.14 | quarterly | 2019-11-14 |
2019-08-06 | $0.14 | quarterly | 2019-08-14 |
2019-05-07 | $0.13 | quarterly | 2019-05-15 |
2019-02-07 | $0.13 | quarterly | 2019-02-14 |
2018-11-06 | $0.13 | quarterly | 2018-11-14 |
2018-08-06 | $0.13 | quarterly | 2018-08-14 |
2018-05-07 | $0.12 | quarterly | 2018-05-15 |
2018-02-07 | $0.12 | quarterly | 2018-02-14 |
2017-11-07 | $0.12 | quarterly | 2017-11-15 |
2017-08-04 | $0.12 | quarterly | 2017-08-15 |
2017-05-05 | $0.12 | quarterly | 2017-05-16 |
2017-02-06 | $0.12 | quarterly | 2017-02-15 |
2016-11-08 | $0.12 | quarterly | 2016-11-17 |
2016-08-05 | $0.10 | quarterly | 2016-08-16 |
2016-05-10 | $0.10 | quarterly | 2016-05-18 |
2016-02-05 | $0.19 | quarterly | 2016-02-16 |
2015-10-22 | $0.15 | quarterly | 2015-10-30 |
2015-08-06 | $0.15 | quarterly | 2015-08-17 |
2015-05-07 | $0.15 | quarterly | 2015-05-18 |
2015-02-05 | $0.15 | quarterly | 2015-02-17 |
2014-11-06 | $0.15 | quarterly | 2014-11-17 |
2014-08-07 | $0.15 | quarterly | 2014-08-18 |
2014-05-07 | $0.15 | quarterly | 2014-05-16 |
2014-03-12 | $0.15 | quarterly | 2014-03-28 |
Archrock Dividend per year
Archrock Dividend growth
Archrock Dividend Yield
Archrock current trailing twelve-month (TTM) dividend yield is 2.65%. Interested in purchasing Archrock stock? Use our calculator to estimate your expected dividend yield:
Archrock Financial Ratios
Archrock Dividend FAQ
Other factors to consider when evaluating Archrock 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: Archrock'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, Archrock 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, Archrock 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 Archrock 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: Archrock 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, Archrock distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Archrock 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 Archrock'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 Archrock'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.