Cardinal Energy Dividend
Dividend criteria checks 3/6
Cardinal Energy is a dividend paying company with a current yield of 10.33%. Next payment date is on 14th June, 2024 with an ex-dividend date of 31st May, 2024.
Key information
10.3%
Dividend yield
107%
Payout ratio
| Industry average yield | 4.7% |
| Next dividend pay date | 14 Jun 24 |
| Ex dividend date | 31 May 24 |
| Dividend per share | n/a |
| Earnings per share | CA$0.66 |
| Dividend yield forecast in 3Y | 10.3% |
Recent dividend updates
Recent updates
We Think Cardinal Energy Ltd.'s (TSE:CJ) CEO Compensation Looks Fair
May 04
Cardinal 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 25Should You Be Adding Cardinal Energy (TSE:CJ) To Your Watchlist Today?
Aug 24Is Cardinal Energy (TSE:CJ) Using Too Much Debt?
Jul 12A Piece Of The Puzzle Missing From Cardinal Energy Ltd.'s (TSE:CJ) Share Price
May 20Upcoming 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) | 10.3% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.3% |
| Industry Average (Oil and Gas) | 4.7% |
| Analyst forecast in 3 Years (CJ) | 10.3% |
Notable Dividend: CJ's dividend (10.33%) is higher than the bottom 25% of dividend payers in the Canadian market (1.89%).
High Dividend: CJ's dividend (10.33%) is in the top 25% of dividend payers in the Canadian market (6.31%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (107.2%), CJ's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (158.6%), CJ's dividend payments are not well covered by cash flows.