NuStar Energy L.P. engages in the terminalling, storage, and marketing of petroleum products in the United States and internationally. The company also engages in the transportation of petroleum products and anhydrous ammonia. It operates through three segments: Pipeline, Storage, and Fuels Marketing. The Pipeline segment transports refined products, crude oil, and anhydrous ammonia. The Storage segment owns terminal and storage facilities, which offer storage, handling, and other services for petroleum products, crude oil, specialty chemicals, renewable fuels, and other liquids; and pilotage, tug assistance, line handling, launch, emergency response, and other ship services. The Fuels Marketing segment is involved in bunkering operations in the Gulf Coast; blending operations; and purchase of petroleum products for resale. As of December 31, 2021, it had 3,205 miles of refined product pipelines and 2,230 miles of crude oil pipelines in Texas, Oklahoma, Kansas, Colorado, and New Mexico; a 2,050-mile refined product pipeline originating in southern Kansas and terminating at Jamestown, North Dakota; a 450-mile refined product pipeline originating at Marathon Petroleum Corporation's Mandan, North Dakota refinery and terminating in Minneapolis, Minnesota; a 2,000-mile anhydrous ammonia pipeline; and 29 terminal and storage facilities, which offer approximately 44.2 million barrels of storage capacity. The company was incorporated in 1999 and is headquartered in San Antonio, Texas.
NuStar Energy Dividend Announcement
• NuStar Energy announced a quarterly dividend of $0.21 per ordinary share which will be made payable on 2024-05-02. Ex dividend date: 2024-04-25
• NuStar Energy annual dividend for 2024 was $0.61
• NuStar Energy annual dividend for 2023 was $1.60
• NuStar Energy's trailing twelve-month (TTM) dividend yield is 4.61%
• NuStar Energy's payout ratio for the trailing twelve months (TTM) is 143.73%
• NuStar Energy's dividend growth over the last five years (2018-2023) was -11.18% year
• NuStar Energy's dividend growth over the last ten years (2013-2023) was -9.58% year
NuStar Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-25 | $0.21 | quarterly | 2024-05-02 |
2024-02-06 | $0.40 | quarterly | 2024-02-13 |
2023-11-06 | $0.40 | quarterly | 2023-11-14 |
2023-08-07 | $0.40 | quarterly | 2023-08-14 |
2023-05-05 | $0.40 | quarterly | 2023-05-12 |
2023-02-07 | $0.40 | quarterly | 2023-02-14 |
2022-11-04 | $0.40 | quarterly | 2022-11-14 |
2022-08-05 | $0.40 | quarterly | 2022-08-12 |
2022-05-06 | $0.40 | quarterly | 2022-05-13 |
2022-02-07 | $0.40 | quarterly | 2022-02-14 |
2021-11-05 | $0.40 | quarterly | 2021-11-12 |
2021-08-05 | $0.40 | quarterly | 2021-08-12 |
2021-05-07 | $0.40 | quarterly | 2021-05-14 |
2021-02-05 | $0.40 | quarterly | 2021-02-12 |
2020-11-05 | $0.40 | quarterly | 2020-11-13 |
2020-08-06 | $0.40 | quarterly | 2020-08-13 |
2020-05-08 | $0.40 | quarterly | 2020-05-15 |
2020-02-07 | $0.60 | quarterly | 2020-02-14 |
2019-11-07 | $0.60 | quarterly | 2019-11-14 |
2019-08-06 | $0.60 | quarterly | 2019-08-13 |
2019-05-07 | $0.60 | quarterly | 2019-05-14 |
2019-02-07 | $0.60 | quarterly | 2019-02-13 |
2018-11-07 | $0.60 | quarterly | 2018-11-14 |
2018-08-06 | $0.60 | quarterly | 2018-08-13 |
2018-05-07 | $0.60 | quarterly | 2018-05-14 |
2018-02-07 | $1.09 | quarterly | 2018-02-13 |
2017-11-08 | $1.09 | quarterly | 2017-11-14 |
2017-08-03 | $1.09 | quarterly | 2017-08-11 |
2017-05-04 | $1.09 | quarterly | 2017-05-12 |
2017-02-06 | $1.09 | quarterly | 2017-02-13 |
2016-11-04 | $1.09 | quarterly | 2016-11-14 |
2016-08-05 | $1.09 | quarterly | 2016-08-12 |
2016-05-05 | $1.09 | quarterly | 2016-05-13 |
2016-02-04 | $1.09 | quarterly | 2016-02-12 |
2015-11-05 | $1.09 | quarterly | 2015-11-13 |
2015-08-05 | $1.09 | quarterly | 2015-08-13 |
2015-05-06 | $1.09 | quarterly | 2015-05-14 |
2015-02-05 | $1.09 | quarterly | 2015-02-13 |
2014-11-06 | $1.09 | quarterly | 2014-11-14 |
2014-08-04 | $1.09 | quarterly | 2014-08-11 |
2014-05-05 | $1.09 | quarterly | 2014-05-12 |
2014-02-06 | $1.09 | quarterly | 2014-02-14 |
2013-11-06 | $1.09 | quarterly | 2013-11-14 |
2013-08-01 | $1.09 | quarterly | 2013-08-09 |
2013-05-02 | $1.09 | quarterly | 2013-05-10 |
2013-02-07 | $1.09 | quarterly | 2013-02-14 |
NuStar Energy Dividend per year
NuStar Energy Dividend growth
NuStar Energy Dividend Yield
NuStar Energy current trailing twelve-month (TTM) dividend yield is 4.61%. Interested in purchasing NuStar Energy stock? Use our calculator to estimate your expected dividend yield:
NuStar Energy Financial Ratios
NuStar Energy Dividend FAQ
Other factors to consider when evaluating NuStar 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: NuStar 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, NuStar 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, NuStar 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 NuStar 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: NuStar 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, NuStar 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: NuStar 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 NuStar 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 NuStar 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.