On Thursday, shares of Helmerich & Payne, Inc. (HP) traded as low as $33.04, yielding over 3% based on its quarterly dividend, which is annualized at $1. This dividend yield positions the company as attractive for investors focused on long-term returns, especially considering the historical context where dividends have contributed significantly to stock market performance.
As a member of the Russell 3000, Helmerich & Payne stands among the largest U.S. companies. Historical data shows that while dividend amounts are variable, they can significantly enhance total returns for investors. For example, an investor in the iShares Russell 3000 ETF since May 31, 2000, would have seen a nominal share loss balanced by approximately $10.77 per share in dividends, resulting in a total return increase of 13.15% over 12 years.
Potential investors should evaluate Helmerich & Payne’s dividend history to assess the sustainability and reliability of its current yield.
