Paramount Resources Dividends and Buybacks
Dividend criteria checks 2/6
Paramount Resources is a dividend paying company with a current yield of 5.83% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 15th November, 2024.
Key information
5.8%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 5.7% |
| Future Dividend Yield | 5.8% |
| Dividend Growth | 29.4% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | CA$1.800 |
| Payout ratio | 65% |
Recent dividend and buyback updates
Recent updates
Paramount Resources Ltd. Just Recorded A 8.7% Revenue Beat: Here's What Analysts Think
Nov 11
Sentiment Still Eluding Paramount Resources Ltd. (TSE:POU)
Aug 22Earnings Update: Paramount Resources Ltd. (TSE:POU) Just Reported Its Second-Quarter Results And Analysts Are Updating Their Forecasts
Aug 04Paramount Resources' (TSE:POU) Upcoming Dividend Will Be Larger Than Last Year's
May 07Are Investors Undervaluing Paramount Resources Ltd. (TSE:POU) By 44%?
Apr 24Paramount Resources Ltd. (TSE:POU) Doing What It Can To Lift Shares
Apr 03Earnings Troubles May Signal Larger Issues for Paramount Resources (TSE:POU) Shareholders
Mar 14Paramount Resources' (TSE:POU) Dividend Will Be CA$0.125
Feb 06Paramount Resources (TSE:POU) Will Pay A Dividend Of CA$0.125
Jan 09Paramount Resources (TSE:POU) Will Pay A Dividend Of CA$0.125
Dec 13We Ran A Stock Scan For Earnings Growth And Paramount Resources (TSE:POU) Passed With Ease
Sep 29Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (POU) | 5.8% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Oil and Gas) | 4.4% |
| Analyst forecast (POU) (up to 3 years) | 5.8% |
Notable Dividend: POU's dividend (5.83%) is higher than the bottom 25% of dividend payers in the Canadian market (1.77%).
High Dividend: POU's dividend (5.83%) is low compared to the top 25% of dividend payers in the Canadian market (6.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.5%), POU's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (769.2%), POU's dividend payments are not well covered by cash flows.