PHX Minerals Inc. operates as a natural gas and oil mineral company in the United States. The company produces and sells natural gas, crude oil, and natural gas liquids. Its principal properties are located in Oklahoma, Texas, Louisiana, North Dakota, and Arkansas. As of September 30, 2021, the company owned perpetual ownership of 251,600 net mineral acres; leased 18,298 net acres; and held working interests and royalty interests in 6,457 producing oil and natural gas wells, as well as had 277 wells in the process of being drilled or completed. It sells its products to various purchasers, including pipeline and marketing companies. The company was formerly known as Panhandle Oil and Gas Inc. and changed its name to PHX Minerals Inc. in October 2020. PHX Minerals Inc. was founded in 1926 and is based in Oklahoma City, Oklahoma.
PHX Minerals Dividend Announcement
• PHX Minerals announced a quarterly dividend of $0.04 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-08-23
• PHX Minerals annual dividend for 2024 was $0.10
• PHX Minerals annual dividend for 2023 was $0.10
• PHX Minerals's trailing twelve-month (TTM) dividend yield is 3.78%
• PHX Minerals's payout ratio for the trailing twelve months (TTM) is 62.06%
• PHX Minerals's dividend growth over the last five years (2018-2023) was -9.34% year
• PHX Minerals's dividend growth over the last ten years (2013-2023) was -10.28% year
PHX Minerals Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-23 | $0.04 | quarterly | 2024-09-06 |
2024-05-31 | $0.03 | quarterly | 2024-06-11 |
2024-03-15 | $0.03 | quarterly | 2024-03-29 |
2023-11-21 | $0.03 | quarterly | 2023-12-07 |
2023-08-23 | $0.02 | quarterly | 2023-09-08 |
2023-05-19 | $0.02 | quarterly | 2023-06-06 |
2023-02-16 | $0.02 | quarterly | 2023-03-03 |
2022-11-22 | $0.02 | quarterly | 2022-12-07 |
2022-08-24 | $0.02 | quarterly | 2022-09-09 |
2022-05-18 | $0.02 | quarterly | 2022-06-03 |
2022-02-16 | $0.01 | quarterly | 2022-03-03 |
2021-11-22 | $0.01 | quarterly | 2021-12-07 |
2021-08-25 | $0.01 | quarterly | 2021-09-10 |
2021-05-19 | $0.01 | quarterly | 2021-06-04 |
2021-02-18 | $0.01 | quarterly | 2021-03-05 |
2020-11-20 | $0.01 | quarterly | 2020-12-07 |
2020-08-26 | $0.01 | quarterly | 2020-09-11 |
2020-05-20 | $0.01 | quarterly | 2020-06-05 |
2020-02-19 | $0.04 | quarterly | 2020-03-06 |
2019-11-19 | $0.04 | quarterly | 2019-12-06 |
2019-08-21 | $0.04 | quarterly | 2019-09-06 |
2019-06-03 | $0.04 | quarterly | 2019-06-18 |
2019-02-15 | $0.04 | quarterly | 2019-03-07 |
2018-11-20 | $0.04 | quarterly | 2018-12-06 |
2018-08-22 | $0.04 | quarterly | 2018-09-06 |
2018-06-04 | $0.04 | quarterly | 2018-06-19 |
2018-02-16 | $0.04 | quarterly | 2018-03-08 |
2017-11-21 | $0.04 | quarterly | 2017-12-07 |
2017-08-18 | $0.04 | quarterly | 2017-09-07 |
2017-05-26 | $0.04 | quarterly | 2017-06-13 |
2017-02-16 | $0.04 | quarterly | 2017-03-08 |
2016-11-21 | $0.04 | quarterly | 2016-12-07 |
2016-08-17 | $0.04 | quarterly | 2016-09-02 |
2016-05-26 | $0.04 | quarterly | 2016-06-13 |
2016-02-17 | $0.04 | quarterly | 2016-03-04 |
2015-11-19 | $0.04 | quarterly | 2015-12-08 |
2015-08-18 | $0.04 | quarterly | 2015-09-03 |
2015-05-22 | $0.04 | quarterly | 2015-06-10 |
2015-02-17 | $0.04 | quarterly | 2015-03-05 |
2014-11-21 | $0.04 | quarterly | 2014-12-09 |
2014-08-19 | $0.08 | quarterly | 2014-09-04 |
2014-05-22 | $0.08 | quarterly | 2014-06-10 |
2014-02-18 | $0.08 | quarterly | 2014-03-05 |
2013-11-21 | $0.08 | quarterly | 2013-12-10 |
2013-08-20 | $0.07 | quarterly | 2013-09-05 |
2013-05-30 | $0.07 | quarterly | 2013-06-12 |
2013-02-21 | $0.07 | quarterly | 2013-03-08 |
PHX Minerals Dividend per year
PHX Minerals Dividend growth
PHX Minerals Dividend Yield
PHX Minerals current trailing twelve-month (TTM) dividend yield is 3.78%. Interested in purchasing PHX Minerals stock? Use our calculator to estimate your expected dividend yield:
PHX Minerals Financial Ratios
PHX Minerals Dividend FAQ
Other factors to consider when evaluating PHX Minerals 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: PHX Minerals'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, PHX Minerals 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, PHX Minerals 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 PHX Minerals 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: PHX Minerals 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, PHX Minerals distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: PHX Minerals 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 PHX Minerals'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 PHX Minerals'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.