Peyto Exploration & Development Dividend
Dividend criteria checks 4/6
Peyto Exploration & Development is a dividend paying company with a current yield of 8.48% that is well covered by earnings. Next payment date is on 15th November, 2024 with an ex-dividend date of 31st October, 2024.
Key information
8.5%
Dividend yield
84%
Payout ratio
Industry average yield | 4.5% |
Next dividend pay date | 15 Nov 24 |
Ex dividend date | 31 Oct 24 |
Dividend per share | CA$1.320 |
Earnings per share | CA$1.51 |
Dividend yield forecast | 8.5% |
Recent dividend updates
Peyto Exploration & Development (TSE:PEY) Will Pay A Dividend Of CA$0.11
Sep 20Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11
Aug 20Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11
Jul 23Recent updates
Peyto Exploration & Development (TSE:PEY) Will Pay A Dividend Of CA$0.11
Sep 20Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11
Aug 20Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11
Jul 23Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11
Jun 20Weak Statutory Earnings May Not Tell The Whole Story For Peyto Exploration & Development (TSE:PEY)
Mar 15Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11
Feb 19Peyto Exploration & Development (TSE:PEY) Will Pay A Dividend Of CA$0.11
Jan 27An Intrinsic Calculation For Peyto Exploration & Development Corp. (TSE:PEY) Suggests It's 40% Undervalued
Dec 12Here's Why We Think Peyto Exploration & Development (TSE:PEY) Is Well Worth Watching
Oct 05Returns Are Gaining Momentum At Peyto Exploration & Development (TSE:PEY)
Sep 02What Does The Future Hold For Peyto Exploration & Development Corp. (TSE:PEY)? These Analysts Have Been Cutting Their Estimates
Aug 12Peyto Exploration & Development (TSE:PEY) Seems To Use Debt Quite Sensibly
Jul 11Here's Why We Think Peyto Exploration & Development (TSE:PEY) Might Deserve Your Attention Today
Jun 13Returns At Peyto Exploration & Development (TSE:PEY) Are On The Way Up
Mar 23Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PEY's dividend payments have been volatile in the past 10 years.
Growing Dividend: PEY's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Peyto Exploration & Development Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PEY) | 8.5% |
Market Bottom 25% (CA) | 1.7% |
Market Top 25% (CA) | 6.1% |
Industry Average (Oil and Gas) | 4.5% |
Analyst forecast (PEY) (up to 3 years) | 8.5% |
Notable Dividend: PEY's dividend (8.48%) is higher than the bottom 25% of dividend payers in the Canadian market (1.74%).
High Dividend: PEY's dividend (8.48%) is in the top 25% of dividend payers in the Canadian market (6.11%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84.1%), PEY's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (113.9%), PEY's dividend payments are not well covered by cash flows.