Strathcona Resources Dividends and Buybacks
Dividend criteria checks 2/6
Strathcona Resources is a dividend paying company with a current yield of 1.57% 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
1.6%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 1.6% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | n/a |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 16 Dec 24 |
| Dividend per share | CA$0.500 |
| Payout ratio | 8% |
Recent dividend and buyback updates
Recent updates
Strathcona Resources Ltd.'s (TSE:SCR) Intrinsic Value Is Potentially 70% Above Its Share Price
Nov 12
Calculating The Intrinsic Value Of Strathcona Resources Ltd. (TSE:SCR)
Jul 17These 4 Measures Indicate That Strathcona Resources (TSE:SCR) Is Using Debt Reasonably Well
Jun 11Does This Valuation Of Strathcona Resources Ltd. (TSE:SCR) Imply Investors Are Overpaying?
Mar 28Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether SCR's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if SCR's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Strathcona Resources Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SCR) | 1.6% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Oil and Gas) | 4.4% |
| Analyst forecast (SCR) (up to 3 years) | 3.4% |
Notable Dividend: SCR's dividend (1.57%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.77%).
High Dividend: SCR's dividend (1.57%) is low compared to the top 25% of dividend payers in the Canadian market (6.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8%), SCR's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.2%), SCR's dividend payments are thoroughly covered by cash flows.