Peyto Exploration & Development Corp.

TSX:PEY Stock Report

Market Cap: CA$3.1b

Peyto Exploration & Development Dividends and Buybacks

Dividend criteria checks 4/6

Peyto Exploration & Development is a dividend paying company with a current yield of 8.15% that is well covered by earnings. Next payment date is on 13th December, 2024 with an ex-dividend date of 29th November, 2024.

Key information

8.1%

Dividend yield

-0.9%

Buyback Yield

Total Shareholder Yield7.3%
Future Dividend Yield8.1%
Dividend Growth8.4%
Next dividend pay date13 Dec 24
Ex dividend date29 Nov 24
Dividend per shareCA$1.320
Payout ratio88%

Recent dividend and buyback updates

Peyto Exploration & Development (TSE:PEY) Will Pay A Dividend Of CA$0.11

Sep 20
Peyto Exploration & Development (TSE:PEY) Will Pay A Dividend Of CA$0.11

Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11

Aug 20
Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11

Recent updates

Peyto Exploration & Development (TSE:PEY) Will Pay A Dividend Of CA$0.11

Sep 20
Peyto Exploration & Development (TSE:PEY) Will Pay A Dividend Of CA$0.11

Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11

Aug 20
Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11

Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11

Jul 23
Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11

Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11

Jun 20
Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11

Weak Statutory Earnings May Not Tell The Whole Story For Peyto Exploration & Development (TSE:PEY)

Mar 15
Weak Statutory Earnings May Not Tell The Whole Story For Peyto Exploration & Development (TSE:PEY)

Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11

Feb 19
Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11

Peyto Exploration & Development (TSE:PEY) Will Pay A Dividend Of CA$0.11

Jan 27
Peyto Exploration & Development (TSE:PEY) Will Pay A Dividend Of CA$0.11

An Intrinsic Calculation For Peyto Exploration & Development Corp. (TSE:PEY) Suggests It's 40% Undervalued

Dec 12
An Intrinsic Calculation For Peyto Exploration & Development Corp. (TSE:PEY) Suggests It's 40% Undervalued

Here's Why We Think Peyto Exploration & Development (TSE:PEY) Is Well Worth Watching

Oct 05
Here's Why We Think Peyto Exploration & Development (TSE:PEY) Is Well Worth Watching

Returns Are Gaining Momentum At Peyto Exploration & Development (TSE:PEY)

Sep 02
Returns Are Gaining Momentum At Peyto Exploration & Development (TSE:PEY)

What Does The Future Hold For Peyto Exploration & Development Corp. (TSE:PEY)? These Analysts Have Been Cutting Their Estimates

Aug 12
What Does The Future Hold For Peyto Exploration & Development Corp. (TSE:PEY)? These Analysts Have Been Cutting Their Estimates

Peyto Exploration & Development (TSE:PEY) Seems To Use Debt Quite Sensibly

Jul 11
Peyto Exploration & Development (TSE:PEY) Seems To Use Debt Quite Sensibly

Here's Why We Think Peyto Exploration & Development (TSE:PEY) Might Deserve Your Attention Today

Jun 13
Here's Why We Think Peyto Exploration & Development (TSE:PEY) Might Deserve Your Attention Today

Returns At Peyto Exploration & Development (TSE:PEY) Are On The Way Up

Mar 23
Returns At Peyto Exploration & Development (TSE:PEY) Are On The Way Up

Upcoming Dividend Payment

TodayNov 21 2024Ex Dividend DateNov 29 2024Dividend Pay DateDec 13 202414 days from Ex DividendBuy in the next 8 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: PEY's dividend payments have been volatile in the past 10 years.

Growing Dividend: PEY's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Peyto Exploration & Development Dividend Yield vs Market
How does PEY dividend yield compare to the market?
SegmentDividend Yield
Company (PEY)8.1%
Market Bottom 25% (CA)1.8%
Market Top 25% (CA)6.1%
Industry Average (Oil and Gas)4.4%
Analyst forecast (PEY) (up to 3 years)8.1%

Notable Dividend: PEY's dividend (8.15%) is higher than the bottom 25% of dividend payers in the Canadian market (1.77%).

High Dividend: PEY's dividend (8.15%) is in the top 25% of dividend payers in the Canadian market (6.11%)


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (88.2%), PEY's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (124.1%), PEY's dividend payments are not well covered by cash flows.


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