PetroTal Dividends and Buybacks
Dividend criteria checks 4/6
PetroTal is a dividend paying company with a current yield of 12.89% that is well covered by earnings.
Key information
12.9%
Dividend yield
1.7%
Buyback Yield
| Total Shareholder Yield | 14.6% |
| Future Dividend Yield | 12.9% |
| Dividend Growth | 83.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.060 |
| Payout ratio | 57% |
Recent dividend and buyback updates
Recent updates
PetroTal (TSE:TAL) Is Achieving High Returns On Its Capital
Dec 07
We Think PetroTal (TSE:TAL) Can Stay On Top Of Its Debt
Jun 01Analysts Just Made A Major Revision To Their PetroTal Corp. (TSE:TAL) Revenue Forecasts
Apr 01We Ran A Stock Scan For Earnings Growth And PetroTal (TSE:TAL) Passed With Ease
Mar 31Slammed 26% PetroTal Corp. (CVE:TAL) Screens Well Here But There Might Be A Catch
Sep 27PetroTal (CVE:TAL) Seems To Use Debt Quite Sensibly
Sep 26Need To Know: The Consensus Just Cut Its PetroTal Corp. (CVE:TAL) Estimates For 2022
Sep 07Here's Why We Think PetroTal (CVE:TAL) Might Deserve Your Attention Today
Aug 26With EPS Growth And More, PetroTal (CVE:TAL) Is Interesting
Nov 23Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TAL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TAL's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| PetroTal Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TAL) | 12.9% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Oil and Gas) | 4.4% |
| Analyst forecast (TAL) (up to 3 years) | 12.9% |
Notable Dividend: TAL's dividend (12.89%) is higher than the bottom 25% of dividend payers in the Canadian market (1.78%).
High Dividend: TAL's dividend (12.89%) is in the top 25% of dividend payers in the Canadian market (6.13%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.3%), TAL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.3%), TAL's dividend payments are covered by cash flows.