Murphy Oil Corporation has recently announced a dividend of $0.325 per share, with the ex-dividend date set for Aug 18, 2025, and payment due on Sept 2, 2025. This figure marks an increase compared to the average of the last ten dividends per share, which stood at $0.280. The previous dividend, dated Jun 2, 2025, was also $0.325 per share, illustrating consistency in the company's dividend offerings. Both dividends are categorized as cash dividends.
Over the past week,
has been in the spotlight due to several noteworthy developments. Recently,
reaffirmed its Overweight rating for Murphy Oil and increased the price target to $32.00, reflecting a bullish sentiment and an anticipated 32.45% upside from the current price of $22.65. This positive outlook is supported by Murphy Oil's strong performance metrics, including surpassing EPS estimates 75.0% of the time over the past year, while its industry peers averaged 52.49%. Additionally, Murphy Oil has exceeded its sales estimates 50.0% of the time, compared to the industry average of 52.77%.
Since the last update, AIA Group Ltd has acquired a stake in Murphy Oil, purchasing 13,498 shares valued at approximately $383,000 in the first quarter. This acquisition signifies confidence in the company's financial health and long-term prospects. Furthermore, Murphy Oil's dividend yield is particularly attractive at 5.6%, significantly higher than the S&P 500 average of 2.39%, making it a compelling option for income-focused investors.
As of late,
has adjusted its target price on Murphy Oil from $27.00 to $26.00, maintaining an "underweight" rating. This adjustment comes in the context of recent market dynamics and analyst consensus, which currently reflects a Hold rating with an average price target of $27.42, representing a 19.74% potential upside.
In conclusion, investors should be aware that Aug 18, 2025, marks the last day to purchase Murphy Oil stock to be eligible for the upcoming dividend. Any acquisitions made after this date will not qualify for the dividend payout.
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