Paramount Resources Dividends and Buybacks
Dividend criteria checks 2/6
Paramount Resources is a dividend paying company with a current yield of 6.16% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 16th December, 2024.
Key information
6.2%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 6.1% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | 29.3% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 16 Dec 24 |
| Dividend per share | CA$1.800 |
| Payout ratio | 65% |
Recent dividend and buyback updates
Recent updates
Paramount Resources (TSE:POU) Seems To Use Debt Quite Sensibly
Nov 25
Paramount Resources Ltd. Just Recorded A 8.7% Revenue Beat: Here's What Analysts Think
Nov 11Sentiment 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 4 years.
Dividend Yield vs Market
| Paramount Resources Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (POU) | 6.2% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Oil and Gas) | 4.8% |
| Analyst forecast (POU) (up to 3 years) | 3.1% |
Notable Dividend: POU's dividend (6.16%) is higher than the bottom 25% of dividend payers in the Canadian market (1.81%).
High Dividend: POU's dividend (6.16%) is low compared to the top 25% of dividend payers in the Canadian market (6.45%).
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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:58 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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
Paramount Resources Ltd. is covered by 23 analysts. 2 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 |
|---|---|
| Patrick O'Rourke | ATB Capital Markets |
| Grant Hofer | Barclays |
| Jim Byrne | BMO Capital Markets Equity Research |