Baytex Energy Dividend
Dividend criteria checks 2/6
Baytex Energy is a dividend paying company with a current yield of 1.92%. Next payment date is on 2nd July, 2024 with an ex-dividend date of 14th June, 2024.
Key information
1.9%
Dividend yield
-17%
Payout ratio
| Industry average yield | 4.8% |
| Next dividend pay date | 02 Jul 24 |
| Ex dividend date | 14 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | -CA$0.37 |
| Dividend yield forecast in 3Y | 1.9% |
Recent dividend updates
Recent updates
Market Might Still Lack Some Conviction On Baytex Energy Corp. (TSE:BTE) Even After 25% Share Price Boost
Apr 11
Baytex Energy Corp. (TSE:BTE) Looks Inexpensive But Perhaps Not Attractive Enough
Dec 28Is Baytex Energy (TSE:BTE) A Risky Investment?
Nov 29Baytex Energy Corp.'s (TSE:BTE) Intrinsic Value Is Potentially 63% Above Its Share Price
Nov 08We Think Baytex Energy (TSE:BTE) Is Taking Some Risk With Its Debt
Aug 31Baytex Energy (TSE:BTE) Takes On Some Risk With Its Use Of Debt
Apr 08New Forecasts: Here's What Analysts Think The Future Holds For Baytex Energy Corp. (TSE:BTE)
Mar 03Are Baytex Energy Corp. (TSE:BTE) Investors Paying Above The Intrinsic Value?
Dec 27Here's Why Baytex Energy (TSE:BTE) Can Manage Its Debt Responsibly
Dec 06Is There An Opportunity With Baytex Energy Corp.'s (TSE:BTE) 48% Undervaluation?
Aug 15Here's Why Baytex Energy (TSE:BTE) Has Caught The Eye Of Investors
Jun 22Is Baytex Energy (TSE:BTE) A Risky Investment?
May 26Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BTE's dividend payments have been volatile in the past 10 years.
Growing Dividend: BTE's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Baytex Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BTE) | 1.9% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Oil and Gas) | 4.8% |
| Analyst forecast in 3 Years (BTE) | 1.9% |
Notable Dividend: BTE's dividend (1.92%) is higher than the bottom 25% of dividend payers in the Canadian market (1.84%).
High Dividend: BTE's dividend (1.92%) is low compared to the top 25% of dividend payers in the Canadian market (6.39%).
Earnings Payout to Shareholders
Earnings Coverage: BTE is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33%), BTE's dividend payments are well covered by cash flows.