Ecopetrol S.A. operates as an integrated energy company. The company operates through four segments: Exploration and Production; Transport and Logistics; Refining, Petrochemical and Biofuels; and Electric Power Transmission and Toll Roads Concessions. It engages in the exploration and production of oil and gas; transportation of crude oil, motor fuels, fuel oil, and other refined products, including diesel, jet, and biofuels; processing and refining crude oil; distribution of natural gas and LPG; sale of refined and petrochemical products; supplying of electric power transmission services; design, development, construction, operation, and maintenance of road and energy infrastructure projects; and supplying of information technology and telecommunications services. As of December 31, 2021, the company had approximately 9,127 kilometers of crude oil and multi-purpose pipelines. It also produces and commercializes polypropylene resins and compounds, and masterbatches; and offers industrial service sales to customers and specialized management services. It has operations in Colombia, the United States, Asia, Central America and the Caribbean, Europe, South America, and internationally. The company was formerly known as Empresa Colombiana de Petróleos and changed its name to Ecopetrol S.A. in June 2003. Ecopetrol S.A. was incorporated in 1948 and is based in Bogotá, Colombia.
Ecopetrol Dividend Announcement
• Ecopetrol announced a quarterly dividend of $0.75 per ordinary share which will be made payable on 2024-07-03. Ex dividend date: 2024-06-25
• Ecopetrol annual dividend for 2024 was $1.55
• Ecopetrol annual dividend for 2023 was $2.48
• Ecopetrol's trailing twelve-month (TTM) dividend yield is 31.24%
• Ecopetrol's payout ratio for the trailing twelve months (TTM) is 95.63%
• Ecopetrol's dividend growth over the last five years (2018-2023) was 31.27% year
Ecopetrol Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-25 | $0.75 | quarterly | 2024-07-03 |
2024-04-04 | $0.80 | quarterly | 2024-04-10 |
2023-12-19 | $0.83 | quarterly | 2023-12-29 |
2023-09-26 | $0.83 | quarterly | 2023-10-05 |
2023-04-25 | $0.83 | quarterly | 2023-05-04 |
2022-06-28 | $0.80 | quarterly | 2022-07-08 |
2022-04-19 | $1.38 | quarterly | 2022-04-28 |
2021-04-20 | $0.09 | quarterly | 2021-04-30 |
2020-04-21 | $0.89 | quarterly | 2020-05-01 |
2019-12-26 | $0.54 | quarterly | 2020-01-02 |
2019-04-23 | $1.44 | quarterly | 2019-05-03 |
2018-04-17 | $0.64 | quarterly | 2018-04-27 |
2017-04-25 | $0.16 | quarterly | 2017-05-08 |
2015-06-17 | $1.03 | quarterly | 2015-06-30 |
2014-04-22 | $2.65 | quarterly | 2014-05-06 |
2013-04-09 | $3.21 | quarterly | 2013-04-26 |
2012-04-19 | $3.41 | quarterly | 2012-05-03 |
Ecopetrol Dividend per year
Ecopetrol Dividend growth
Ecopetrol Dividend Yield
Ecopetrol current trailing twelve-month (TTM) dividend yield is 31.24%. Interested in purchasing Ecopetrol stock? Use our calculator to estimate your expected dividend yield:
Ecopetrol Financial Ratios
Ecopetrol Dividend FAQ
Other factors to consider when evaluating Ecopetrol 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: Ecopetrol'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, Ecopetrol 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, Ecopetrol 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 Ecopetrol 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: Ecopetrol 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, Ecopetrol distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ecopetrol 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 Ecopetrol'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 Ecopetrol'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.