Pipestone Energy Dividend
Dividend criteria checks 3/6
Pipestone Energy is a dividend paying company with a current yield of 6.19% that is well covered by earnings.
Key information
6.2%
Dividend yield
10%
Payout ratio
| Industry average yield | 4.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$0.56 |
| Dividend yield forecast in 3Y | 6.2% |
Recent dividend updates
Recent updates
Why We Like The Returns At Pipestone Energy (TSE:PIPE)
May 03
Is Pipestone Energy (TSE:PIPE) Using Too Much Debt?
Feb 19Investors Shouldn't Overlook Pipestone Energy's (TSE:PIPE) Impressive Returns On Capital
Jan 13We Ran A Stock Scan For Earnings Growth And Pipestone Energy (TSE:PIPE) Passed With Ease
Dec 09Pipestone Energy (TSE:PIPE) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 16Is Pipestone Energy (TSE:PIPE) Using Too Much Debt?
Oct 17The Trend Of High Returns At Pipestone Energy (TSE:PIPE) Has Us Very Interested
Aug 12These 4 Measures Indicate That Pipestone Energy (TSE:PIPE) Is Using Debt Extensively
Jun 29There's Been No Shortage Of Growth Recently For Pipestone Energy's (TSE:PIPE) Returns On Capital
Apr 22Pipestone Energy (TSE:PIPE) Is Experiencing Growth In Returns On Capital
Aug 19Is Pipestone Energy (TSE:PIPE) Using Too Much Debt?
May 24Have Insiders Been Buying Pipestone Energy Corp. (TSE:PIPE) Shares This Year?
Feb 25Is Pipestone Energy (TSE:PIPE) Weighed On By Its Debt Load?
Jan 21What Kind Of Investors Own Most Of Pipestone Energy Corp. (CVE:PIPE)?
Dec 17Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether PIPE's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if PIPE's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Pipestone Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PIPE) | 6.2% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Oil and Gas) | 4.9% |
| Analyst forecast in 3 Years (PIPE) | 6.2% |
Notable Dividend: PIPE's dividend (6.19%) is higher than the bottom 25% of dividend payers in the Canadian market (2.06%).
High Dividend: PIPE's dividend (6.19%) is low compared to the top 25% of dividend payers in the Canadian market (6.66%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.7%), PIPE's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80.4%), PIPE's dividend payments are covered by cash flows.