Tamarack Valley Energy Dividends and Buybacks
Dividend criteria checks 3/6
Tamarack Valley Energy is a dividend paying company with a current yield of 3.14% that is well covered by earnings. Last payment was on 15th January, 2025 with an ex-dividend date of 30th December, 2024.
Key information
3.1%
Dividend yield
3.7%
Buyback Yield
| Total Shareholder Yield | 6.8% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | 14.4% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 30 Dec 24 |
| Dividend per share | CA$0.153 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Tamarack Valley Energy (TSE:TVE) Is Paying Out A Dividend Of CA$0.0127
Dec 20
Tamarack Valley Energy's (TSE:TVE) Dividend Will Be CA$0.0125
Sep 21Recent updates
Tamarack Valley Energy (TSE:TVE) Is Paying Out A Dividend Of CA$0.0127
Dec 20We Think Tamarack Valley Energy's (TSE:TVE) Healthy Earnings Might Be Conservative
Nov 08Calculating The Fair Value Of Tamarack Valley Energy Ltd. (TSE:TVE)
Oct 17Tamarack Valley Energy's (TSE:TVE) Dividend Will Be CA$0.0125
Sep 21Is Tamarack Valley Energy (TSE:TVE) A Risky Investment?
Aug 18Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0125
Aug 18Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0125
Jul 22Tamarack Valley Energy's (TSE:TVE) Dividend Will Be CA$0.0125
Mar 18Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0125
Feb 19Tamarack Valley Energy (TSE:TVE) Is Due To Pay A Dividend Of CA$0.0125
Jan 19Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0125
Nov 28Tamarack Valley Energy (TSE:TVE) Use Of Debt Could Be Considered Risky
Nov 19Tamarack Valley Energy (TSE:TVE) Is Paying Out A Dividend Of CA$0.0125
Oct 29Tamarack Valley Energy (TSE:TVE) Has Announced A Dividend Of CA$0.0125
Sep 23Tamarack Valley Energy's (TSE:TVE) Dividend Will Be CA$0.0125
Aug 26Is Tamarack Valley Energy (TSE:TVE) Using Too Much Debt?
Aug 21Tamarack Valley Energy (TSE:TVE) Is Due To Pay A Dividend Of CA$0.0125
Jul 25Is There An Opportunity With Tamarack Valley Energy Ltd.'s (TSE:TVE) 50% Undervaluation?
Jul 19Tamarack Valley Energy (TSE:TVE) Is Due To Pay A Dividend Of CA$0.0125
Jun 24Tamarack Valley Energy's (TSE:TVE) Dividend Will Be CA$0.0125
May 21Tamarack Valley Energy (TSE:TVE) Is Paying Out A Dividend Of CA$0.0125
Apr 23Is Tamarack Valley Energy (TSE:TVE) Using Too Much Debt?
Mar 20Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, TVE has been paying a dividend for less than 10 years.
Growing Dividend: TVE's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Tamarack Valley Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TVE) | 3.1% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Oil and Gas) | 4.6% |
| Analyst forecast (TVE) (up to 3 years) | 3.1% |
Notable Dividend: TVE's dividend (3.14%) is higher than the bottom 25% of dividend payers in the Canadian market (1.8%).
High Dividend: TVE's dividend (3.14%) is low compared to the top 25% of dividend payers in the Canadian market (6.39%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.7%), TVE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.5%), TVE's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/15 00:39 |
| End of Day Share Price | 2025/01/14 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tamarack Valley Energy Ltd. is covered by 26 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Trevor Reynolds | Acumen Capital Finance Partners Limited |
| Patrick O'Rourke | ATB Capital Markets |
| Randy Ollenberger | BMO Capital Markets Equity Research |