Topaz Energy Dividends and Buybacks
Dividend criteria checks 1/6
Topaz Energy is a dividend paying company with a current yield of 4.5%. Next payment date is on 31st December, 2024 with an ex-dividend date of 13th December, 2024.
Key information
4.5%
Dividend yield
-0.04%
Buyback Yield
| Total Shareholder Yield | 4.5% |
| Future Dividend Yield | 4.5% |
| Dividend Growth | 7.5% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | CA$1.320 |
| Payout ratio | 301% |
Recent dividend and buyback updates
Topaz Energy's (TSE:TPZ) Dividend Will Be Increased To CA$0.33
Aug 03
Topaz Energy's (TSE:TPZ) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 08Recent updates
Topaz Energy Corp.'s (TSE:TPZ) Shareholders Might Be Looking For Exit
Nov 24Is Topaz Energy (TSE:TPZ) Using Too Much Debt?
Sep 27Returns At Topaz Energy (TSE:TPZ) Are On The Way Up
Aug 25Topaz Energy's (TSE:TPZ) Dividend Will Be Increased To CA$0.33
Aug 03Topaz Energy Corp. Just Recorded A 71% EPS Beat: Here's What Analysts Are Forecasting Next
Aug 01Why Investors Shouldn't Be Surprised By Topaz Energy Corp.'s (TSE:TPZ) P/E
May 27We Think You Can Look Beyond Topaz Energy's (TSE:TPZ) Lackluster Earnings
May 06The Compensation For Topaz Energy Corp.'s (TSE:TPZ) CEO Looks Deserved And Here's Why
Apr 26Investors Will Want Topaz Energy's (TSE:TPZ) Growth In ROCE To Persist
Mar 31Topaz Energy's (TSE:TPZ) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 08Is Topaz Energy (TSE:TPZ) A Risky Investment?
Feb 16Returns On Capital Are Showing Encouraging Signs At Topaz Energy (TSE:TPZ)
Oct 11Calculating The Intrinsic Value Of Topaz Energy Corp. (TSE:TPZ)
Jul 22Topaz Energy (TSE:TPZ) Is Experiencing Growth In Returns On Capital
Jun 30Returns On Capital Are Showing Encouraging Signs At Topaz Energy (TSE:TPZ)
Mar 19Topaz Energy's (TSE:TPZ) Dividend Will Be Increased To CA$0.30
Mar 04Topaz Energy Corp. (TSE:TPZ) Shares Could Be 39% Below Their Intrinsic Value Estimate
Feb 18Topaz Energy Corp.'s (TSE:TPZ) Price In Tune With Earnings
Dec 07Topaz Energy (TSE:TPZ) Has Announced That It Will Be Increasing Its Dividend To CA$0.30
Nov 16Topaz Energy's (TSE:TPZ) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 13Estimating The Intrinsic Value Of Topaz Energy Corp. (TSE:TPZ)
Aug 02Topaz Energy (TSE:TPZ) Might Have The Makings Of A Multi-Bagger
Jul 20Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, TPZ has been paying a dividend for less than 10 years.
Growing Dividend: TPZ's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Topaz Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TPZ) | 4.5% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Oil and Gas) | 4.3% |
| Analyst forecast (TPZ) (up to 3 years) | 4.5% |
Notable Dividend: TPZ's dividend (4.5%) is higher than the bottom 25% of dividend payers in the Canadian market (1.75%).
High Dividend: TPZ's dividend (4.5%) is low compared to the top 25% of dividend payers in the Canadian market (6.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (301%), TPZ's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (133.4%), TPZ's dividend payments are not well covered by cash flows.