Tourmaline Oil Dividends and Buybacks
Dividend criteria checks 2/6
Tourmaline Oil is a dividend paying company with a current yield of 5.79% that is well covered by earnings.
Key information
5.9%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 5.7% |
| Future Dividend Yield | 2.9% |
| Dividend Growth | 21.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| 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
Market Participants Recognise Tourmaline Oil Corp.'s (TSE:TOU) Earnings
Dec 19Tourmaline 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 16Stability 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) | 5.9% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Oil and Gas) | 4.7% |
| Analyst forecast (TOU) (up to 3 years) | 2.9% |
Notable Dividend: TOU's dividend (5.79%) is higher than the bottom 25% of dividend payers in the Canadian market (1.79%).
High Dividend: TOU's dividend (5.79%) is low compared to the top 25% of dividend payers in the Canadian market (6.38%).
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 (154.5%), TOU'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 | 2025/01/02 17:54 |
| End of Day Share Price | 2024/12/31 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
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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
Tourmaline Oil Corp. is covered by 27 analysts. 6 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 |
|---|---|
| Harshit Gupta | Accountability Research Corporation |
| Patrick O'Rourke | ATB Capital Markets |
| Anthony Linton | Barclays |