Kodiak Gas Services, Inc. operates contract compression infrastructure for customers in the oil and gas industry in the United States. It operates in two segments, Compression Operations and Other Services. The Compression Operations segment operates company-owned and customer-owned compression infrastructure to enable the production, gathering, and transportation of natural gas and oil. The Other Services segment provides a range of contract services, including station construction, maintenance and overhaul, and other ancillary time and material-based offerings. The company was formerly known as Frontier TopCo, Inc. Kodiak Gas Services, Inc. was founded in 2010 and is based in Montgomery, Texas. Kodiak Gas Services, Inc. operates as a subsidiary of Frontier Topco Partnership, L.P.
Kodiak Gas Services Dividend Announcement
• Kodiak Gas Services announced a quarterly dividend of $0.41 per ordinary share which will be made payable on 2024-11-08. Ex dividend date: 2024-11-01
• Kodiak Gas Services annual dividend for 2024 was $1.58
• Kodiak Gas Services annual dividend for 2023 was $0.38
• Kodiak Gas Services's trailing twelve-month (TTM) dividend yield is 6.38%
• Kodiak Gas Services's payout ratio for the trailing twelve months (TTM) is 177.84%
Kodiak Gas Services Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-01 | $0.41 | quarterly | 2024-11-08 |
2024-08-12 | $0.41 | quarterly | 2024-08-16 |
2024-05-10 | $0.38 | quarterly | |
2024-02-15 | $0.38 | quarterly | 2024-02-23 |
2023-11-02 | $0.38 | quarterly | 2023-11-10 |
Kodiak Gas Services Dividend per year
Kodiak Gas Services Dividend Yield
Kodiak Gas Services current trailing twelve-month (TTM) dividend yield is 6.38%. Interested in purchasing Kodiak Gas Services stock? Use our calculator to estimate your expected dividend yield:
Kodiak Gas Services Financial Ratios
Kodiak Gas Services Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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