Topaz Energy Dividends and Buybacks
Dividend criteria checks 1/6
Topaz Energy is a dividend paying company with a current yield of 5.1%. Next payment date is on 31st December, 2024 with an ex-dividend date of 13th December, 2024.
Key information
5.1%
Dividend yield
-0.04%
Buyback Yield
| Total Shareholder Yield | 5.1% |
| Future Dividend Yield | 5.1% |
| Dividend Growth | 8.3% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | CA$1.320 |
| Payout ratio | 301% |
Recent dividend and buyback updates
Topaz Energy's (TSE:TPZ) Dividend Will Be Increased To CA$0.33
Aug 03
Topaz Energy's (TSE:TPZ) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 08Recent updates
Topaz Energy Corp.'s (TSE:TPZ) Shareholders Might Be Looking For Exit
Nov 24Is Topaz Energy (TSE:TPZ) Using Too Much Debt?
Sep 27Returns At Topaz Energy (TSE:TPZ) Are On The Way Up
Aug 25Topaz Energy's (TSE:TPZ) Dividend Will Be Increased To CA$0.33
Aug 03Topaz Energy Corp. Just Recorded A 71% EPS Beat: Here's What Analysts Are Forecasting Next
Aug 01Why Investors Shouldn't Be Surprised By Topaz Energy Corp.'s (TSE:TPZ) P/E
May 27We Think You Can Look Beyond Topaz Energy's (TSE:TPZ) Lackluster Earnings
May 06The Compensation For Topaz Energy Corp.'s (TSE:TPZ) CEO Looks Deserved And Here's Why
Apr 26Investors Will Want Topaz Energy's (TSE:TPZ) Growth In ROCE To Persist
Mar 31Topaz Energy's (TSE:TPZ) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 08Is Topaz Energy (TSE:TPZ) A Risky Investment?
Feb 16Returns On Capital Are Showing Encouraging Signs At Topaz Energy (TSE:TPZ)
Oct 11Calculating The Intrinsic Value Of Topaz Energy Corp. (TSE:TPZ)
Jul 22Topaz Energy (TSE:TPZ) Is Experiencing Growth In Returns On Capital
Jun 30Returns On Capital Are Showing Encouraging Signs At Topaz Energy (TSE:TPZ)
Mar 19Topaz Energy's (TSE:TPZ) Dividend Will Be Increased To CA$0.30
Mar 04Topaz Energy Corp. (TSE:TPZ) Shares Could Be 39% Below Their Intrinsic Value Estimate
Feb 18Topaz Energy Corp.'s (TSE:TPZ) Price In Tune With Earnings
Dec 07Topaz Energy (TSE:TPZ) Has Announced That It Will Be Increasing Its Dividend To CA$0.30
Nov 16Topaz Energy's (TSE:TPZ) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 13Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, TPZ has been paying a dividend for less than 10 years.
Growing Dividend: TPZ's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Topaz Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TPZ) | 5.1% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Oil and Gas) | 4.8% |
| Analyst forecast (TPZ) (up to 3 years) | 5.1% |
Notable Dividend: TPZ's dividend (5.1%) is higher than the bottom 25% of dividend payers in the Canadian market (1.81%).
High Dividend: TPZ's dividend (5.1%) is low compared to the top 25% of dividend payers in the Canadian market (6.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (301%), TPZ's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (133.5%), TPZ'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 | 2024/12/22 09:01 |
| End of Day Share Price | 2024/12/20 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 |
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| Management | 10 years |
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| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Topaz Energy Corp. is covered by 23 analysts. 4 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 |
|---|---|
| Patrick O'Rourke | ATB Capital Markets |
| Randy Ollenberger | BMO Capital Markets Equity Research |
| Jeremy McCrea | BMO Capital Markets Equity Research |