Headwater Exploration Inc.

TSX:HWX Stock Report

Market Cap: CA$1.8b

Headwater Exploration Dividend

Dividend criteria checks 2/6

Headwater Exploration is a dividend paying company with a current yield of 5.17% that is well covered by earnings. Next payment date is on 15th April, 2024 with an ex-dividend date of 27th March, 2024.

Key information

5.2%

Dividend yield

60%

Payout ratio

Industry average yield4.9%
Next dividend pay date15 Apr 24
Ex dividend date27 Mar 24
Dividend per sharen/a
Earnings per shareCA$0.66
Dividend yield forecast in 3Y5.2%

Recent dividend updates

Recent updates

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?

We Like These Underlying Return On Capital Trends At Headwater Exploration (TSE:HWX)

Jan 05
We Like These Underlying Return On Capital Trends At Headwater Exploration (TSE:HWX)

Headwater Exploration (TSE:HWX) Shareholders Will Want The ROCE Trajectory To Continue

Aug 04
Headwater Exploration (TSE:HWX) Shareholders Will Want The ROCE Trajectory To Continue

We Like These Underlying Return On Capital Trends At Headwater Exploration (TSE:HWX)

Apr 02
We Like These Underlying Return On Capital Trends At Headwater Exploration (TSE:HWX)

Time To Worry? Analysts Just Downgraded Their Headwater Exploration Inc. (TSE:HWX) Outlook

Mar 12
Time To Worry? Analysts Just Downgraded Their Headwater Exploration Inc. (TSE:HWX) Outlook

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Too early to tell whether HWX's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if HWX's dividend payments are increasing as they only just started paying a dividend.


Dividend Yield vs Market

Headwater Exploration Dividend Yield vs Market
How does HWX dividend yield compare to the market?
SegmentDividend Yield
Company (HWX)5.2%
Market Bottom 25% (CA)2.0%
Market Top 25% (CA)6.3%
Industry Average (Oil and Gas)4.9%
Analyst forecast in 3 Years (HWX)5.2%

Notable Dividend: HWX's dividend (5.17%) is higher than the bottom 25% of dividend payers in the Canadian market (1.98%).

High Dividend: HWX's dividend (5.17%) is low compared to the top 25% of dividend payers in the Canadian market (6.36%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (60.4%), HWX's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (149.7%), HWX's dividend payments are not well covered by cash flows.


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