Source Rock Royalties Dividends and Buybacks
Dividend criteria checks 2/6
Source Rock Royalties is a dividend paying company with a current yield of 9.29%. Next payment date is on 15th January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
9.3%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 9.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | 7.2% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | CA$0.078 |
| Payout ratio | 247% |
Recent dividend and buyback updates
Recent updates
Source Rock Royalties (CVE:SRR) Is Due To Pay A Dividend Of CA$0.0065
Jun 20
Earnings Troubles May Signal Larger Issues for Source Rock Royalties (CVE:SRR) Shareholders
Apr 26Source Rock Royalties (CVE:SRR) Is Increasing Its Dividend To CA$0.0065
Apr 25Source Rock Royalties (CVE:SRR) Is Paying Out A Dividend Of CA$0.006
Mar 18Source Rock Royalties (CVE:SRR) Is Due To Pay A Dividend Of CA$0.0055
Sep 19Source Rock Royalties (CVE:SRR) Is Looking To Continue Growing Its Returns On Capital
Aug 16We Think Source Rock Royalties' (CVE:SRR) Robust Earnings Are Conservative
Sep 06Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SRR has been paying a dividend for less than 10 years.
Growing Dividend: SRR's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Source Rock Royalties Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SRR) | 9.3% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Oil and Gas) | 4.8% |
| Analyst forecast (SRR) (up to 3 years) | n/a |
Notable Dividend: SRR's dividend (9.29%) is higher than the bottom 25% of dividend payers in the Canadian market (1.82%).
High Dividend: SRR's dividend (9.29%) is in the top 25% of dividend payers in the Canadian market (6.54%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (247.1%), SRR's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SRR is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 10:09 |
| End of Day Share Price | 2024/12/20 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 |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
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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
Source Rock Royalties Ltd. is covered by 0 analysts. 0 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 |
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