Dividend Growth of Semgroup Corporation(SEMG)

Semgroup Corporation(SEMG) is having a Dividend Yield of 4.44% with the Annual cash Dividend per share of $2.46. The last quarter cash dividend per share pay out was $0.45. Semgroup Corporation has a 5 year average dividend yield of 2.42% and the stock has a Indicated annual dividend of $1.8. Semgroup Corporation(SEMG) formally announced its most recent dividend on November 7, 2016 with a Dividend per share of $0.45. The new indicated annual dividend based on announced dividend per share is $1.8. The dividend yield based on the forward looking indicated annual dividend is 4.44%. Semgroup Corporation(SEMG) has the most recent dividend payout ratio of 1.88 with a 5-year average payout ratio of 0.76. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 1.11. The 5 year historical dividend growth of Semgroup Corporation(SEMG) is at the rate of 34.18% while the R-Squared dividend growth is 0.94. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Semgroup Corporation (NYSE:SEMG) witnessed a decline in the market cap on Thursday as its shares dropped 1.48% or 0.6 points. After the session commenced at $40.6, the stock reached the higher end at $41 while it hit a low of $39.7. With the volume soaring to 585,718 shares, the last trade was called at $39.9. The company has a 52-week high of $43.2. The company has a market cap of $2,637 million and there are 66,099,342 shares in outstanding. The 52-week low of the share price is $15.51. SemGroup Corporation has lost 0.37% in the last five trading days and dropped 1.24% in the last 4 weeks. SemGroup Corporation is up 18.75% in the last 3-month period. Year-to-Date the stock performance stands at -4.43%.

Currently the company Insiders own 0.86% of Semgroup Corporation shares according to the proxy statements. Company has reported several Insider transactions to the SEC, on Jul 1, 2015, Robert N Fitzgerald (SVP and CFO) sold 3,500 shares at 79.46 per share price.On Jun 15, 2015, Sarah Morrison Barpoulis (director) sold 590 shares at 77.81 per share price.

SemGroup Corp Last issued its quarterly earnings results on Nov 7, 2016. The company reported $-0.14 EPS for the quarter, missing the analyst consensus estimate by $ -0.29. Analyst had a consensus of $0.15. The company had revenue of $327.80 million for the quarter, compared to analysts expectations of $291.70 million. The companys revenue was down -17.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.11 EPS.

SemGroup Corp provides gathering, transportation, storage, distribution, blending, marketing and other midstream services to producers, refiners of petroleum products and others market participants located in Midwest and Rocky Mountain regions of the United States of America. The Company operates in the pipeline gathering and processing segments of the natural gas midstream industry in the U.S. and Canada. It conducts its business through seven business segments- SemCrude, SemStream, SemLogistics, SemMexico, SemCanada Crude, SemGas and SemCAMS. Its asset base includes pipelines, gathering systems, storage facilities, terminals, processing plants, blending facilities and other distribution assets. It also maintains and operates storage, terminal and marine facilities in the U.K. and operates a network of liquid asphalt cement terminals throughout Mexico. SemGroup Corp is headquartered in Tulsa, Oklahoma.


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