Whitecap Resources Dividends and Buybacks
Dividend criteria checks 6/6
Whitecap Resources is a dividend paying company with a current yield of 7.61% that is well covered by earnings. Next payment date is on 15th January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
7.6%
Dividend yield
3.8%
Buyback Yield
| Total Shareholder Yield | 11.4% |
| Future Dividend Yield | 7.6% |
| Dividend Growth | 2.4% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | CA$0.730 |
| Payout ratio | 49% |
Recent dividend and buyback updates
Whitecap Resources (TSE:WCP) Has Affirmed Its Dividend Of CA$0.0608
Dec 20
Whitecap Resources' (TSE:WCP) Dividend Will Be CA$0.0608
Nov 19Whitecap Resources' (TSE:WCP) Dividend Will Be CA$0.0608
Oct 25Recent updates
Whitecap Resources (TSE:WCP) Has Affirmed Its Dividend Of CA$0.0608
Dec 20Whitecap Resources' (TSE:WCP) Dividend Will Be CA$0.0608
Nov 19Whitecap Resources' (TSE:WCP) Dividend Will Be CA$0.0608
Oct 25Whitecap Resources (TSE:WCP) Has A Somewhat Strained Balance Sheet
Mar 21Is There An Opportunity With Whitecap Resources Inc.'s (TSE:WCP) 46% Undervaluation?
Feb 24There Is A Reason Whitecap Resources Inc.'s (TSE:WCP) Price Is Undemanding
Feb 02Is Whitecap Resources (TSE:WCP) Using Too Much Debt?
Dec 09Whitecap Resources' (TSE:WCP) Dividend Will Be Increased To CA$0.0608
Oct 20Whitecap Resources Inc.'s (TSE:WCP) Intrinsic Value Is Potentially 70% Above Its Share Price
Oct 12Here's Why Whitecap Resources (TSE:WCP) Has A Meaningful Debt Burden
Aug 18Whitecap Resources (TSE:WCP) Takes On Some Risk With Its Use Of Debt
May 17Is Whitecap Resources Inc. (TSE:WCP) Trading At A 37% Discount?
Mar 09Here's Why Whitecap Resources (TSE:WCP) Has A Meaningful Debt Burden
Feb 15Whitecap Resources' (TSE:WCP) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 21Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WCP's dividends per share have been stable in the past 10 years.
Growing Dividend: WCP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Whitecap Resources Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WCP) | 7.6% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Oil and Gas) | 4.8% |
| Analyst forecast (WCP) (up to 3 years) | 7.6% |
Notable Dividend: WCP's dividend (7.61%) is higher than the bottom 25% of dividend payers in the Canadian market (1.81%).
High Dividend: WCP's dividend (7.61%) is in the top 25% of dividend payers in the Canadian market (6.45%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.3%), WCP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.5%), WCP's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 13:33 |
| 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
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
Whitecap Resources Inc. is covered by 31 analysts. 4 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 |
|---|---|
| Patrick O'Rourke | ATB Capital Markets |
| Dale Lewko | Barclays |
| Grant Hofer | Barclays |