Peyto Exploration & Development Dividends and Buybacks
Dividend criteria checks 4/6
Peyto Exploration & Development is a dividend paying company with a current yield of 7.69% that is well covered by earnings. Next payment date is on 13th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
7.7%
Dividend yield
-0.8%
Buyback Yield
| Total Shareholder Yield | 6.9% |
| Future Dividend Yield | 7.7% |
| Dividend Growth | 8.3% |
| Next dividend pay date | 13 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | CA$1.320 |
| Payout ratio | 88% |
Recent dividend and buyback updates
Peyto Exploration & Development (TSE:PEY) Will Pay A Dividend Of CA$0.11
Sep 20
Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11
Aug 20Recent 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 13Upcoming 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PEY) | 7.7% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Oil and Gas) | 4.3% |
| Analyst forecast (PEY) (up to 3 years) | 7.7% |
Notable Dividend: PEY's dividend (7.69%) is higher than the bottom 25% of dividend payers in the Canadian market (1.75%).
High Dividend: PEY's dividend (7.69%) is in the top 25% of dividend payers in the Canadian market (6.15%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.2%), PEY's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (124.1%), PEY's dividend payments are not well covered by cash flows.