The Santos Ltd (ASX: STO) share price goes ex-dividend tomorrow. For a limited time, The Motley Fool Australia is giving away an urgent new investment report outlining our 5 favourite stocks for investors over 50. There may be good things coming for the company, but I won’t be rushing to add Santos to my dividend portfolio today.Fortunately, there are several other big companies going ex-dividend on 25 August to consider, including:© 2009 - 2020 The Motley Fool Australia Pty Ltd. All rights reserved.ACN: 146 988 052 | Australian Financial Services Licence (AFSL): 400691 Do NOT post them here or advertise them, as per the forum rules. After all, the S&P 500 is down 21% from recent highs. In fact, since 2016, Santos has paid out just US$459 million in dividends and has written down its assets by a staggering US$3.4 billion. In this light, Santos looks like little more than a fiery furnace of capital destruction.Commodity producers are often prone to cyclical earnings fluctuations which can make dividends unpredictable and Santos is no exception. The Motley Fool Australia operates under AFSL 400691.
... Santos shares have been trading on the ASX since 1970. Although I wouldn’t be lining up for a 1.8% dividend yield, there are some positive signs for the Santos dividend going forward.As the major global economies start to spool up again following their In addition, guidance provided by Santos has the company targeting record production for the full 2020 year of up to 88 million barrels of oil equivalent (mmboe).
Get today’s NST share price, latest stock chart and NST company news. Year on year, this would be production growth of up to 16.5%.Because Santos offers a ‘sustainable’ dividend policy which aims to pay out between 10% and 30% of free Still, 10% to 30% of free cash flow seems to me like poor recompense for investors who have helped to fund billions of dollars in risky capital expenditure. He is a graduate in management and finance, with a particular interest in personal finance, investment psychology and New Zealand dual-listed stocks.This Service provides only general, and not personalised financial advice, and has not taken your personal circumstances into account.
Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article What’s the dividend yield on today’s Santos share price?This means that Santos shares currently yield around 1.8% at the current exchange rate, fully franked. *AFL set to announce Queensland will host Grand FinalFears for 'heart of Preston' in fast-tracked market reviewSheridan Smith's tragic childhood trauma after older brother died from cancerEddie Jones wants England to be 'dominant force' of Lions in South AfricaUK lacked 'a sense of strategy' during Covid-19 response, think tankNatural-gas futures gain nearly 50% in August, but rally may be ‘short-lived’Western Australia posts warmest winter on record as dozens of towns break heat recordsMorning mail: Urannah dam questions, Abbott on 'virus hysteria', Trump denies mini-strokesBritain's Got Talent warm-up star Ian Royce dead at 51Crown Prince Frederick and Crown Princess Mary are the picture of romance in rare new family photos from their summer holidayAFL poised to declare Brisbane's Gabba ground will host the 2020 grand final due to coronavirusBreonna Taylor's boyfriend sues Louisville police for damagesUnderpaid international students struggle with cost of living as COVID-19 prevents travel homeMexican president says country's economy has weathered pandemic better than othersCocaine and cash seized; three men arrested in western SydneyCosta Coffee to launch a new 8oz cup size called 'The Mini'Kyle Edmund begins the mind games with Djokovic ahead of US open clashMexican president admits murders rising on his watchFirst American dosed in Oxford's final trial for its COVID-19 vaccineSouth Africa registers more than half a million coronavirus casesHow Boseman's final film marks a full circle momentTrump news – live: Jacob Blake's family warns against 'more pain and division' from 'orange man' during Kenosha visitBlack franchisees sue McDonald's for discriminationNew JobKeeper legislation will allow businesses 'to keep going'Cheng Lei’s detention is collateral damage. The question is, what next?Revealed!
Year on year, this would be production growth of up to 16.5%.Because Santos offers a ‘sustainable’ dividend policy which aims to pay out between 10% and 30% of free Still, 10% to 30% of free cash flow seems to me like poor recompense for investors who have helped to fund billions of dollars in risky capital expenditure. When investing expert Scott Phillips has a stock tip, it can pay to listen. Pharmaceutical stocks are widely regarded for their huge potential, but they come with risks. Free independent share market investing advice from The Motley Fool. There may be good things coming for the company, but I won’t be rushing to add Santos to my dividend portfolio today.Fortunately, there are several other big companies going ex-dividend on 25 August to consider, including:Get the best stories in the world all in one place with Disney+Cash Rate Cut: Are You Getting The Best Home Loan Deal?