Tourmaline Oil Dividend
Dividend criteria checks 3/6
Tourmaline Oil is a dividend paying company with a current yield of 10.34% that is well covered by earnings.
Key information
10.3%
Dividend yield
21%
Payout ratio
| Industry average yield | 4.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$4.92 |
| Dividend yield forecast in 3Y | 4.7% |
Recent dividend updates
Recent updates
Is Tourmaline Oil (TSE:TOU) Using Too Much Debt?
May 02
Estimating 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 18With EPS Growth And More, Tourmaline Oil (TSE:TOU) Makes An Interesting Case
Oct 11An Intrinsic Calculation For Tourmaline Oil Corp. (TSE:TOU) Suggests It's 22% Undervalued
Sep 13These 4 Measures Indicate That Tourmaline Oil (TSE:TOU) Is Using Debt Safely
Aug 31New Forecasts: Here's What Analysts Think The Future Holds For Tourmaline Oil Corp. (TSE:TOU)
Aug 03Tourmaline Oil (TSE:TOU) Will Pay A Larger Dividend Than Last Year At CA$0.23
Jun 05Stability 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 6 years.
Dividend Yield vs Market
| Tourmaline Oil Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TOU) | 10.3% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Oil and Gas) | 4.9% |
| Analyst forecast in 3 Years (TOU) | 4.7% |
Notable Dividend: TOU's dividend (10.34%) is higher than the bottom 25% of dividend payers in the Canadian market (1.9%).
High Dividend: TOU's dividend (10.34%) is in the top 25% of dividend payers in the Canadian market (6.5%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.9%), TOU's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (160.5%), TOU's dividend payments are not well covered by cash flows.