Parkland Dividend
Dividend criteria checks 5/6
Parkland is a dividend paying company with a current yield of 3.24% that is well covered by earnings.
Key information
3.2%
Dividend yield
51%
Payout ratio
| Industry average yield | 4.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$2.70 |
| Dividend yield forecast in 3Y | 3.3% |
Recent dividend updates
Recent updates
If EPS Growth Is Important To You, Parkland (TSE:PKI) Presents An Opportunity
Jan 03
Investors 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 14Parkland Corporation's (TSE:PKI) Intrinsic Value Is Potentially 45% Above Its Share Price
Mar 15Parkland Corporation (TSE:PKI) Shares Could Be 23% Below Their Intrinsic Value Estimate
Dec 08Parkland's (TSE:PKI) Dividend Will Be CA$0.10
Nov 16Parkland (TSE:PKI) Has Re-Affirmed Its Dividend Of CA$0.10
Oct 17Parkland (TSE:PKI) Has Re-Affirmed Its Dividend Of CA$0.10
Aug 16Parkland (TSE:PKI) Seems To Use Debt Quite Sensibly
Aug 13Stability 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) | 3.2% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.6% |
| Industry Average (Oil and Gas) | 4.8% |
| Analyst forecast in 3 Years (PKI) | 3.3% |
Notable Dividend: PKI's dividend (3.24%) is higher than the bottom 25% of dividend payers in the Canadian market (1.91%).
High Dividend: PKI's dividend (3.24%) is low compared to the top 25% of dividend payers in the Canadian market (6.57%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.8%), PKI's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.8%), PKI's dividend payments are well covered by cash flows.