Home Markets Dividend Growth of PBF Energy Inc.(PBF)

Dividend Growth of PBF Energy Inc.(PBF)


PBF Energy (PBF) is having a Dividend Yield of 4.89% with the Annual cash Dividend per share of $1.2. The last quarter cash dividend per share pay out was $0.3. PBF Energy has a 5 year average dividend yield of 3.96% and the stock has a Indicated annual dividend of $1.2. PBF Energy (PBF) formally announced its most recent dividend on October 31, 2016 with a Dividend per share of $0.3. The new indicated annual dividend based on announced dividend per share is $1.2. The dividend yield based on the forward looking indicated annual dividend is 4.89%. PBF Energy (PBF) has the most recent dividend payout ratio of 40 with a 5-year average payout ratio of 3.54. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 36.46. The 5 year historical dividend growth of PBF Energy (PBF) is at the rate of 13.01% while the R-Squared dividend growth is 0.18. 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.

PBF Energy Inc. (NYSE:PBF) witnessed a decline in the market cap on Thursday as its shares dropped 2.2% or 0.54 points. After the session commenced at $24.35, the stock reached the higher end at $24.44 while it hit a low of $23.71. With the volume soaring to 3,031,086 shares, the last trade was called at $24.02. The company has a 52-week high of $35.675. The company has a market cap of $2,357 million and there are 98,142,811 shares in outstanding. The 52-week low of the share price is $19.47. PBF Energy Inc. has lost 1.4% in the last five trading days and dropped 1.48% in the last 4 weeks. PBF Energy Inc. has dropped 9.15% during the last 3-month period . Year-to-Date the stock performance stands at -13.85%.

Currently the company Insiders own 5.7% of PBF Energy Inc. shares according to the proxy statements. Institutional Investors own 98.7% of PBF Energy Inc. shares. During last six month period, the net percent change held by insiders has seen a change of 40%. Company has reported several Insider transactions to the SEC, on Sep 12, 2016, Thomas J. Nimbley (CEO) purchased 50,000 shares at 21.84 per share price.On Sep 9, 2016, Connor Thomas L O (Senior Vice President) purchased 10,000 shares at 21.73 per share price.On Jun 2, 2016, Matthew C. Lucey (President) purchased 10,000 shares at 27.50 per share price.

PBF Energy Inc Last issued its quarterly earnings results on Feb 16, 2017. The company reported $-0.71 EPS for the quarter, missing the analyst consensus estimate by $ -0.31. Analyst had a consensus of $-0.40. The company had revenue of $4748.60 million for the quarter, compared to analysts expectations of $4212.44 million. The companys revenue was up 41.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.70 EPS.

PBF Energy Inc. operates as a petroleum refiner and supplier. The Company offers unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States. Its refineries are located in Toledo, Ohio, Delaware City, Delaware and Paulsboro, New Jersey. The company sells its products in the northeast and Midwest United States, as well as in other regions of the United States and Canada. PBF Energy Inc. is based in Parsippany, New Jersey.



Please enter your comment!
Please enter your name here