Tourmaline Oil Dividends and Buybacks
Dividend criteria checks 2/6
Tourmaline Oil is a dividend paying company with a current yield of 5.77% that is well covered by earnings. Next payment date is on 26th November, 2024 with an ex-dividend date of 15th November, 2024.
Key information
5.8%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 5.6% |
| Future Dividend Yield | 2.9% |
| Dividend Growth | 21.6% |
| Next dividend pay date | 26 Nov 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | CA$3.900 |
| Payout ratio | 28% |
Recent dividend and buyback updates
Tourmaline Oil (TSE:TOU) Has Announced A Dividend Of CA$0.33
Sep 02
Tourmaline Oil (TSE:TOU) Is Due To Pay A Dividend Of CA$0.33
Aug 13Tourmaline Oil's (TSE:TOU) Dividend Will Be CA$0.32
Jun 12Recent updates
Tourmaline Oil's (TSE:TOU) Profits Appear To Have Quality Issues
Nov 13Tourmaline Oil (TSE:TOU) Seems To Use Debt Quite Sensibly
Sep 23Tourmaline Oil (TSE:TOU) Has Announced A Dividend Of CA$0.33
Sep 02Tourmaline Oil (TSE:TOU) Is Due To Pay A Dividend Of CA$0.33
Aug 13Tourmaline Oil's (TSE:TOU) Dividend Will Be CA$0.32
Jun 12Tourmaline Oil (TSE:TOU) Is Due To Pay A Dividend Of CA$0.32
May 29Is Tourmaline Oil (TSE:TOU) Using Too Much Debt?
May 02Estimating The Intrinsic Value Of Tourmaline Oil Corp. (TSE:TOU)
Feb 25Is Tourmaline Oil (TSE:TOU) Using Too Much Debt?
Jan 16Tourmaline Oil Corp.'s (TSE:TOU) Share Price Matching Investor Opinion
Dec 26An Intrinsic Calculation For Tourmaline Oil Corp. (TSE:TOU) Suggests It's 44% Undervalued
Nov 14Tourmaline Oil (TSE:TOU) Seems To Use Debt Quite Sensibly
Oct 06A Look At The Fair Value Of Tourmaline Oil Corp. (TSE:TOU)
Aug 09Tourmaline Oil Corp. (TSE:TOU) Analysts Just Slashed This Year's Estimates
May 05If EPS Growth Is Important To You, Tourmaline Oil (TSE:TOU) Presents An Opportunity
Apr 24Is Tourmaline Oil (TSE:TOU) Using Too Much Debt?
Mar 26Tourmaline Oil Corp.'s (TSE:TOU) Intrinsic Value Is Potentially 42% Above Its Share Price
Jan 30With EPS Growth And More, Tourmaline Oil (TSE:TOU) Makes An Interesting Case
Jan 16Is Tourmaline Oil (TSE:TOU) Using Too Much Debt?
Dec 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TOU has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TOU's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Tourmaline Oil Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TOU) | 5.8% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Oil and Gas) | 4.3% |
| Analyst forecast (TOU) (up to 3 years) | 2.9% |
Notable Dividend: TOU's dividend (5.77%) is higher than the bottom 25% of dividend payers in the Canadian market (1.76%).
High Dividend: TOU's dividend (5.77%) is low compared to the top 25% of dividend payers in the Canadian market (6.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.1%), TOU's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (153.7%), TOU's dividend payments are not well covered by cash flows.