Woodside Energy Group Ltd (NYSE:WDS - Get Free Report) declared a semi-annual dividend on Tuesday, February 25th, Wall Street Journal reports. Shareholders of record on Friday, March 7th will be given a dividend of 0.51 per share on Wednesday, April 2nd. This represents a yield of 7.6%. The ex-dividend date is Friday, March 7th.
Woodside Energy Group has raised its dividend payment by an average of 45.4% per year over the last three years. Woodside Energy Group has a dividend payout ratio of 168.3% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.
Woodside Energy Group Price Performance
Shares of NYSE:WDS traded down $0.15 on Friday, reaching $15.36. 655,335 shares of the company were exchanged, compared to its average volume of 799,790. The company has a current ratio of 1.24, a quick ratio of 1.09 and a debt-to-equity ratio of 0.13. Woodside Energy Group has a 1-year low of $14.34 and a 1-year high of $20.30. The company has a 50-day moving average of $15.50 and a 200-day moving average of $16.14. The firm has a market cap of $29.16 billion, a price-to-earnings ratio of 18.73 and a beta of 1.09.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently issued reports on WDS shares. Bank of America upgraded shares of Woodside Energy Group from a "neutral" rating to a "buy" rating in a research report on Wednesday, January 29th. Citigroup raised Woodside Energy Group from a "sell" rating to a "neutral" rating in a research note on Tuesday, February 25th. Four equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy".
Check Out Our Latest Stock Analysis on WDS
Woodside Energy Group Company Profile
(
Get Free Report)
Woodside Energy Group Ltd engages in the exploration, evaluation, development, production, and marketing of hydrocarbons in the Asia Pacific, Africa, the Americas, and the Europe. The company produces liquefied natural gas, pipeline gas, crude oil and condensate, and natural gas liquids. It holds interests in the Pluto LNG, North West Shelf, Wheatstone and Julimar-Brunello, Bass Strait, Ngujima-Yin FPSO, Okha FPSO, Pyrenees FPSO, Macedon, Shenzi, Mad dog, Greater Angostura, as well as Scarborough, Sangomar, Trion, Calypso, Browse, Liard, Atlantis, Woodside Solar opportunity, and Sunrise and Troubadour.
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