Cardinal Energy Dividends and Buybacks
Dividend criteria checks 3/6
Cardinal Energy is a dividend paying company with a current yield of 11.78%. Next payment date is on 15th January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
11.8%
Dividend yield
0.8%
Buyback Yield
| Total Shareholder Yield | 12.6% |
| Future Dividend Yield | 11.8% |
| Dividend Growth | 5.9% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | CA$0.720 |
| Payout ratio | 111% |
Recent dividend and buyback updates
Recent updates
Returns On Capital Are Showing Encouraging Signs At Cardinal Energy (TSE:CJ)
Jul 17
We Think Cardinal Energy Ltd.'s (TSE:CJ) CEO Compensation Looks Fair
May 04Cardinal Energy (TSE:CJ) Will Pay A Dividend Of CA$0.06
Apr 25Investors Shouldn't Overlook Cardinal Energy's (TSE:CJ) Impressive Returns On Capital
Dec 06Need To Know: One Analyst Is Much More Bullish On Cardinal Energy Ltd. (TSE:CJ) Revenues
Oct 24Cardinal Energy (TSE:CJ) Is Paying Out A Dividend Of CA$0.06
Oct 15Cardinal Energy (TSE:CJ) Is Paying Out A Dividend Of CA$0.06
Sep 16Cardinal Energy (TSE:CJ) Has Announced A Dividend Of CA$0.06
Jul 26These 4 Measures Indicate That Cardinal Energy (TSE:CJ) Is Using Debt Reasonably Well
Jun 24We Like Cardinal Energy's (TSE:CJ) Returns And Here's How They're Trending
Apr 14A Look At The Fair Value Of Cardinal Energy Ltd. (TSE:CJ)
Dec 24Cardinal Energy (TSE:CJ) Seems To Use Debt Quite Sensibly
Oct 25Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CJ's dividend payments have been volatile in the past 10 years.
Growing Dividend: CJ's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Cardinal Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CJ) | 11.8% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Oil and Gas) | 4.8% |
| Analyst forecast (CJ) (up to 3 years) | 11.8% |
Notable Dividend: CJ's dividend (11.78%) is higher than the bottom 25% of dividend payers in the Canadian market (1.81%).
High Dividend: CJ's dividend (11.78%) is in the top 25% of dividend payers in the Canadian market (6.45%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (111%), CJ's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (136.1%), CJ's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:51 |
| 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 |
| |
| 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
Cardinal Energy Ltd. is covered by 17 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 |
|---|---|
| Patrick O'Rourke | ATB Capital Markets |
| Laique Ahmad Amir Arif | ATB Capital Markets |
| Randy Ollenberger | BMO Capital Markets Equity Research |