Headwater Exploration Inc.

TSX:HWX Stock Report

Market Cap: CA$1.5b

Headwater Exploration Dividends and Buybacks

Dividend criteria checks 4/6

Headwater Exploration is a dividend paying company with a current yield of 7.04% 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

7.0%

Dividend yield

-0.04%

Buyback Yield

Total Shareholder Yield7.0%
Future Dividend Yield7.0%
Dividend Growth2.7%
Next dividend pay date15 Jan 25
Ex dividend date31 Dec 24
Dividend per shareCA$0.440
Payout ratio51%

Recent dividend and buyback updates

Headwater Exploration (TSE:HWX) Is Due To Pay A Dividend Of CA$0.10

Nov 12
Headwater Exploration (TSE:HWX) Is Due To Pay A Dividend Of CA$0.10

Recent updates

Headwater Exploration (TSE:HWX) Is Due To Pay A Dividend Of CA$0.10

Nov 12
Headwater Exploration (TSE:HWX) Is Due To Pay A Dividend Of CA$0.10

We Ran A Stock Scan For Earnings Growth And Headwater Exploration (TSE:HWX) Passed With Ease

Oct 04
We Ran A Stock Scan For Earnings Growth And Headwater Exploration (TSE:HWX) Passed With Ease

Returns On Capital Are A Standout For Headwater Exploration (TSE:HWX)

Sep 07
Returns On Capital Are A Standout For Headwater Exploration (TSE:HWX)

Investors Aren't Entirely Convinced By Headwater Exploration Inc.'s (TSE:HWX) Earnings

Aug 05
Investors Aren't Entirely Convinced By Headwater Exploration Inc.'s (TSE:HWX) Earnings

With EPS Growth And More, Headwater Exploration (TSE:HWX) Makes An Interesting Case

Jul 06
With EPS Growth And More, Headwater Exploration (TSE:HWX) Makes An Interesting Case

Headwater Exploration (TSE:HWX) Is Doing The Right Things To Multiply Its Share Price

Apr 20
Headwater Exploration (TSE:HWX) Is Doing The Right Things To Multiply Its Share Price

Is There An Opportunity With Headwater Exploration Inc.'s (TSE:HWX) 33% Undervaluation?

Apr 05
Is There An Opportunity With Headwater Exploration Inc.'s (TSE:HWX) 33% Undervaluation?

Upcoming Dividend Payment

TodayDec 22 2024Ex Dividend DateDec 31 2024Dividend Pay DateJan 15 202515 days from Ex DividendBuy in the next 9 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, HWX has been paying a dividend for less than 10 years.

Growing Dividend: HWX's dividend payments have increased, but the company has only paid a dividend for 2 years.


Dividend Yield vs Market

Headwater Exploration Dividend Yield vs Market
How does HWX dividend yield compare to the market?
SegmentDividend Yield
Company (HWX)7.0%
Market Bottom 25% (CA)1.8%
Market Top 25% (CA)6.4%
Industry Average (Oil and Gas)4.8%
Analyst forecast (HWX) (up to 3 years)7.0%

Notable Dividend: HWX's dividend (7.04%) is higher than the bottom 25% of dividend payers in the Canadian market (1.81%).

High Dividend: HWX's dividend (7.04%) is in the top 25% of dividend payers in the Canadian market (6.45%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (51.2%), HWX's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (86.5%), HWX's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 10:35
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Headwater Exploration Inc. is covered by 21 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.

AnalystInstitution
Laique Ahmad Amir ArifATB Capital Markets
Patrick O'RourkeATB Capital Markets
Kuno RyckborstBeacon Securities Limited