Topaz Energy Dividend
Dividend criteria checks 1/6
Topaz Energy is a dividend paying company with a current yield of 5.94%.
Key information
5.9%
Dividend yield
305%
Payout ratio
| Industry average yield | 5.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$1.24 |
| Earnings per share | CA$0.39 |
| Dividend yield forecast in 3Y | 5.9% |
Recent dividend updates
Topaz Energy's (TSE:TPZ) Dividend Will Be Increased To CA$0.30
Mar 04
Topaz Energy (TSE:TPZ) Has Announced That It Will Be Increasing Its Dividend To CA$0.30
Nov 16Recent updates
Calculating 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 13Estimating The Intrinsic Value Of Topaz Energy Corp. (TSE:TPZ)
Aug 02Topaz Energy (TSE:TPZ) Might Have The Makings Of A Multi-Bagger
Jul 20Here's Why I Think Topaz Energy (TSE:TPZ) Might Deserve Your Attention Today
Jun 02Analysts Just Made A Huge Upgrade To Their Topaz Energy Corp. (TSE:TPZ) Forecasts
May 08There's Been No Shortage Of Growth Recently For Topaz Energy's (TSE:TPZ) Returns On Capital
Mar 22Here's Why We Think Topaz Energy (TSE:TPZ) Is Well Worth Watching
Jan 24Topaz Energy (TSE:TPZ) Might Have The Makings Of A Multi-Bagger
Dec 03Topaz Energy (TSE:TPZ) Is Increasing Its Dividend To CA$0.24
Nov 16Estimating The Fair Value Of Topaz Energy Corp. (TSE:TPZ)
Aug 19Stability 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 3 years.
Dividend Yield vs Market
| Topaz Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TPZ) | 5.9% |
| Market Bottom 25% (CA) | 2.1% |
| Market Top 25% (CA) | 6.7% |
| Industry Average (Oil and Gas) | 5.2% |
| Analyst forecast in 3 Years (TPZ) | 5.9% |
Notable Dividend: TPZ's dividend (5.94%) is higher than the bottom 25% of dividend payers in the Canadian market (2.04%).
High Dividend: TPZ's dividend (5.94%) is low compared to the top 25% of dividend payers in the Canadian market (6.52%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (305.4%), TPZ's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TPZ is paying a dividend but the company has no free cash flows.