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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 2024-08-16. Ex dividend date: 2024-08-12
Kodiak Gas Services annual dividend for 2024 was $1.17
Kodiak Gas Services annual dividend for 2023 was $0.38
Kodiak Gas Services's trailing twelve-month (TTM) dividend yield is 4.82%
Kodiak Gas Services's payout ratio for the trailing twelve months (TTM) is 177.84%

Kodiak Gas Services Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-12$0.41quarterly2024-08-16
2024-05-10$0.38quarterly
2024-02-15$0.38quarterly2024-02-23
2023-11-02$0.38quarterly2023-11-10

Kodiak Gas Services Dividend per year

Kodiak Gas Services Dividend Yield

Kodiak Gas Services current trailing twelve-month (TTM) dividend yield is 4.82%. Interested in purchasing Kodiak Gas Services stock? Use our calculator to estimate your expected dividend yield:

Kodiak Gas Services Financial Ratios

P/E ratio52.19
PEG ratio3.08
P/B ratio2.06
ROE4.35%
Payout ratio177.84%
Current ratio1.05
Quick ratio0.70
Cash Ratio0.01

Kodiak Gas Services Dividend FAQ

Does Kodiak Gas Services stock pay dividends?
Kodiak Gas Services does not currently pay dividends to its shareholders.
Has Kodiak Gas Services ever paid a dividend?
No, Kodiak Gas Services has no a history of paying dividends to its shareholders. Kodiak Gas Services is not known for its dividend payments.
Why doesn't Kodiak Gas Services pay dividends?
There are several potential reasons why Kodiak Gas Services would choose not to pay dividends to their shareholders:

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.
Will Kodiak Gas Services ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Kodiak Gas Services has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Kodiak Gas Services a dividend aristocrat?
Kodiak Gas Services is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Kodiak Gas Services a dividend king?
Kodiak Gas Services is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Kodiak Gas Services a dividend stock?
No, Kodiak Gas Services is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Kodiak Gas Services stocks?
To buy Kodiak Gas Services you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Kodiak Gas Services stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.