Paramount Resources Dividend

Dividend criteria checks 2/6

Paramount Resources is a dividend paying company with a current yield of 5.46% that is well covered by earnings.

Key information

5.5%

Dividend yield

46%

Payout ratio

Industry average yield4.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCA$3.25
Dividend yield forecast in 3Y5.5%

Recent dividend updates

Paramount Resources' (TSE:POU) Dividend Will Be CA$0.125

Feb 06
Paramount Resources' (TSE:POU) Dividend Will Be CA$0.125

Paramount Resources (TSE:POU) Will Pay A Dividend Of CA$0.125

Jan 09
Paramount Resources (TSE:POU) Will Pay A Dividend Of CA$0.125

Recent updates

Earnings Troubles May Signal Larger Issues for Paramount Resources (TSE:POU) Shareholders

Mar 14
Earnings Troubles May Signal Larger Issues for Paramount Resources (TSE:POU) Shareholders

Paramount Resources' (TSE:POU) Dividend Will Be CA$0.125

Feb 06
Paramount Resources' (TSE:POU) Dividend Will Be CA$0.125

Paramount Resources (TSE:POU) Will Pay A Dividend Of CA$0.125

Jan 09
Paramount Resources (TSE:POU) Will Pay A Dividend Of CA$0.125

Paramount Resources (TSE:POU) Will Pay A Dividend Of CA$0.125

Dec 13
Paramount Resources (TSE:POU) Will Pay A Dividend Of CA$0.125

We Ran A Stock Scan For Earnings Growth And Paramount Resources (TSE:POU) Passed With Ease

Sep 29
We Ran A Stock Scan For Earnings Growth And Paramount Resources (TSE:POU) Passed With Ease

Estimating The Fair Value Of Paramount Resources Ltd. (TSE:POU)

Feb 02
Estimating The Fair Value Of Paramount Resources Ltd. (TSE:POU)

Do Paramount Resources' (TSE:POU) Earnings Warrant Your Attention?

Jan 04
Do Paramount Resources' (TSE:POU) Earnings Warrant Your Attention?

Paramount Resources (TSE:POU) Has A Pretty Healthy Balance Sheet

Nov 30
Paramount Resources (TSE:POU) Has A Pretty Healthy Balance Sheet

Paramount Resources' (TSE:POU) Upcoming Dividend Will Be Larger Than Last Year's

Nov 07
Paramount Resources' (TSE:POU) Upcoming Dividend Will Be Larger Than Last Year's

Do Paramount Resources' (TSE:POU) Earnings Warrant Your Attention?

Sep 23
Do Paramount Resources' (TSE:POU) Earnings Warrant Your Attention?

Paramount Resources (TSE:POU) Seems To Use Debt Quite Sensibly

Aug 23
Paramount Resources (TSE:POU) Seems To Use Debt Quite Sensibly

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, POU has been paying a dividend for less than 10 years.

Growing Dividend: POU's dividend payments have increased, but the company has only paid a dividend for 3 years.


Dividend Yield vs Market

Paramount Resources Dividend Yield vs Market
How does POU dividend yield compare to the market?
SegmentDividend Yield
Company (POU)5.5%
Market Bottom 25% (CA)1.9%
Market Top 25% (CA)6.3%
Industry Average (Oil and Gas)4.9%
Analyst forecast in 3 Years (POU)5.5%

Notable Dividend: POU's dividend (5.46%) is higher than the bottom 25% of dividend payers in the Canadian market (1.97%).

High Dividend: POU's dividend (5.46%) is low compared to the top 25% of dividend payers in the Canadian market (6.3%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (45.7%), POU's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (105.4%), POU's dividend payments are not well covered by cash flows.


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