Parkland Dividends and Buybacks
Dividend criteria checks 4/6
Parkland is a dividend paying company with a current yield of 4.32%. Next payment date is on 15th January, 2025 with an ex-dividend date of 20th December, 2024.
Key information
4.3%
Dividend yield
2.5%
Buyback Yield
| Total Shareholder Yield | 6.8% |
| Future Dividend Yield | 4.5% |
| Dividend Growth | -4.4% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 20 Dec 24 |
| Dividend per share | CA$1.400 |
| Payout ratio | 100% |
Recent dividend and buyback updates
Recent updates
Parkland (TSE:PKI) Will Pay A Dividend Of CA$0.35
Dec 15
What You Can Learn From Parkland Corporation's (TSE:PKI) P/E
Dec 13Is Parkland (TSE:PKI) Using Too Much Debt?
Oct 08Slowing Rates Of Return At Parkland (TSE:PKI) Leave Little Room For Excitement
Sep 05Investors Aren't Entirely Convinced By Parkland Corporation's (TSE:PKI) Earnings
Aug 21These 4 Measures Indicate That Parkland (TSE:PKI) Is Using Debt Extensively
Jul 02If EPS Growth Is Important To You, Parkland (TSE:PKI) Presents An Opportunity
Jan 03Investors Appear Satisfied With Parkland Corporation's (TSE:PKI) Prospects
Dec 18Parkland Corporation's (TSE:PKI) Intrinsic Value Is Potentially 40% Above Its Share Price
Oct 23If EPS Growth Is Important To You, Parkland (TSE:PKI) Presents An Opportunity
Sep 26Is Parkland (TSE:PKI) A Risky Investment?
Jul 27Estimating The Intrinsic Value Of Parkland Corporation (TSE:PKI)
Jul 12We Think Parkland (TSE:PKI) Is Taking Some Risk With Its Debt
Apr 16A Look At The Intrinsic Value Of Parkland Corporation (TSE:PKI)
Mar 31Is Parkland Corporation (TSE:PKI) Trading At A 26% Discount?
Dec 27Parkland (TSE:PKI) Takes On Some Risk With Its Use Of Debt
Nov 25Are Investors Undervaluing Parkland Corporation (TSE:PKI) By 38%?
Sep 22Is Parkland (TSE:PKI) Using Too Much Debt?
Aug 11Are Investors Undervaluing Parkland Corporation (TSE:PKI) By 43%?
Jun 14Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PKI's dividends per share have been stable in the past 10 years.
Growing Dividend: PKI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Parkland Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PKI) | 4.3% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Oil and Gas) | 4.8% |
| Analyst forecast (PKI) (up to 3 years) | 4.5% |
Notable Dividend: PKI's dividend (4.32%) is higher than the bottom 25% of dividend payers in the Canadian market (1.81%).
High Dividend: PKI's dividend (4.32%) is low compared to the top 25% of dividend payers in the Canadian market (6.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (100.5%), PKI's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.4%), PKI's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:16 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Parkland Corporation is covered by 20 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nathan Heywood | ATB Capital Markets |
| John Gibson | BMO Capital Markets Equity Research |
| Luke Hannan | Canaccord Genuity |