Precision Drilling Dividend

Dividend criteria checks 0/6

Precision Drilling does not currently pay a dividend.

Key information

Dividend yield

Payout ratio

Industry average yield	2.9%
Next dividend pay date	n/a
Ex dividend date	n/a
Dividend per share	n/a
Earnings per share	CA$15.88
Dividend yield forecast in 3Y	0%

Recent dividend updates

No updates

Recent updates

Is Precision Drilling Corporation (TSE:PD) Trading At A 49% Discount?

Apr 04

Investors Continue Waiting On Sidelines For Precision Drilling Corporation (TSE:PD)

Mar 20

Investors Shouldn't Be Too Comfortable With Precision Drilling's (TSE:PD) Earnings

Feb 13

Shareholders Will Probably Hold Off On Increasing Precision Drilling Corporation's (TSE:PD) CEO Compensation For The Time Being

May 07

Is Precision Drilling (TSE:PD) Using Debt In A Risky Way?

Mar 19

Are Institutions Heavily Invested In Precision Drilling Corporation's (TSE:PD) Shares?

Jan 25

Would Shareholders Who Purchased Precision Drilling's (TSE:PD) Stock Five Years Be Happy With The Share price Today?

Dec 21

What Did Precision Drilling's (TSE:PD) CEO Take Home Last Year?

Nov 24

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Insufficient data to determine if PD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PD's dividend payments have been increasing.

Dividend Yield vs Market

Precision Drilling Dividend Yield vs Market

How does PD dividend yield compare to the market?
Segment	Dividend Yield
Company (PD)	0%
Market Bottom 25% (CA)	1.9%
Market Top 25% (CA)	6.6%
Industry Average (Energy Services)	2.9%
Analyst forecast in 3 Years (PD)	0%

Notable Dividend: Unable to evaluate PD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Earnings Payout to Shareholders

Earnings Coverage: PD is not paying a notable dividend for the Canadian market.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as PD has not reported any payouts.

Precision Drilling Dividend

Dividend criteria checks 0/6

Key information

Recent dividend updates

Recent updates

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Is Precision Drilling Corporation (TSE:PD) Trading At A 49% Discount?

Precision Drilling Corporation to Report Q1, 2024 Results on Apr 25, 2024

Investors Continue Waiting On Sidelines For Precision Drilling Corporation (TSE:PD)

Chief Financial Officer recently bought CA$147k worth of stock

Chief Financial Officer recently bought CA$147k worth of stock

Full year 2023 earnings: EPS exceeds analyst expectations

Precision Drilling Corporation, Annual General Meeting, May 16, 2024

President of North American Drilling recently sold CA$1.1m worth of stock

Investors Shouldn't Be Too Comfortable With Precision Drilling's (TSE:PD) Earnings

Full year 2023 earnings: EPS exceeds analyst expectations

Precision Drilling Corporation to Report Q4, 2023 Results on Feb 06, 2024

Chief Technology Officer notifies of intention to sell stock

New minor risk - Shareholder dilution

Precision Drilling Corporation (TSX:PD) completed the acquisition of CWC Energy Services Corp. (TSXV:CWC) from BBU Alta Investments L.P., Brookfield BBP (CANADA) LP, Canada Pension Plan Investment Board, directors, officers and others.

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Precision Drilling Corporation to Report Q3, 2023 Results on Oct 26, 2023

New minor risk - Shareholder dilution

We Think Precision Drilling (TSE:PD) Is Taking Some Risk With Its Debt

Precision Drilling Corporation (TSX:PD) entered into a definitive agreement to acquire CWC Energy Services Corp. (TSXV:CWC) from BBU Alta Investments L.P., Brookfield BBP (CANADA) LP, Canada Pension Plan Investment Board, directors, officers and others for approximately CAD 110 million.

Precision Drilling Corporation (TSX:PD) entered into a definitive agreement to acquire CWC Energy Services Corp. (TSXV:CWC) from BBU Alta Investments L.P., Brookfield BBP (CANADA) LP, Canada Pension Plan Investment Board, directors, officers and others for approximately CAD 110 million.

Price target increased by 7.0% to CA$120

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Precision Drilling Corporation to Report Q2, 2023 Results on Jul 27, 2023

We Think Precision Drilling (TSE:PD) Is Taking Some Risk With Its Debt

Precision Drilling Corporation Provides Activity Update

Precision Drilling's (TSE:PD) Promising Earnings May Rest On Soft Foundations

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Precision Drilling (TSE:PD) Has A Somewhat Strained Balance Sheet

Senior VP & CFO recently sold CA$924k worth of stock

Precision Drilling Corporation, Annual General Meeting, May 11, 2023

Full year 2022 earnings: Revenues exceed analyst expectations

Precision Drilling Corporation to Report Fiscal Year 2022 Results on Feb 09, 2023

Insufficient new directors

Price target increased to CA$141

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Is Precision Drilling (TSE:PD) Using Debt In A Risky Way?

Precision Drilling Corporation Appoints Lori A. Lancaster to Its Board of Directors

Precision Drilling Corporation to Report Q3, 2022 Results on Oct 27, 2022

Precision Drilling Corporation (TSX:PD) completed the acquisition of Well servicing business and associated rentals assets of High Arctic Energy Services Inc (TSX:HWO) for CAD 38.2 million.

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Consensus forecasts updated

Precision Drilling Corporation (TSX:PD) entered into an asset purchase agreement to acquire Well servicing business and associated rentals assets of High Arctic Energy Services Inc (TSX:HWO) for CAD 38.2 million.

Precision Drilling Corporation to Report Q2, 2022 Results on Jul 27, 2022

Health Check: How Prudently Does Precision Drilling (TSE:PD) Use Debt?

Chief Administrative Officer recently sold CA$126k worth of stock

Consensus forecasts updated

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Insufficient new directors

Consensus forecasts updated

Price target increased to CA$108

Consensus forecasts updated

Precision Drilling Corporation to Report Q1, 2022 Results on Apr 28, 2022

Price target increased to CA$86.36

Is Precision Drilling (TSE:PD) Weighed On By Its Debt Load?

Independent Director recently sold CA$384k worth of stock

President recently sold CA$1.5m worth of stock

Precision Drilling Corporation, Annual General Meeting, May 12, 2022

Price target increased to CA$75.32

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Precision Drilling Announces Operational Updates

Price target increased to CA$69.68

Third quarter 2021 earnings released: CA$2.86 loss per share (vs CA$2.08 loss in 3Q 2020)

Price target increased to CA$64.83

Second quarter 2021 earnings released: CA$5.71 loss per share (vs CA$3.56 loss in 2Q 2020)

Precision Drilling Corporation Launches Evergreen Suite of Environmental Solutions

Health Check: How Prudently Does Precision Drilling (TSE:PD) Use Debt?

Price target increased to CA$53.77

Price target increased to CA$47.00

Shareholders Will Probably Hold Off On Increasing Precision Drilling Corporation's (TSE:PD) CEO Compensation For The Time Being

First quarter 2021 earnings released: CA$2.71 loss per share (vs CA$0.38 loss in 1Q 2020)

Is Precision Drilling (TSE:PD) Using Debt In A Risky Way?

Full year 2020 earnings released: CA$8.76 loss per share (vs CA$0.46 profit in FY 2019)

New 90-day high: CA$32.21

Precision Drilling Corporation, Annual General Meeting, May 13, 2021