Tamarack Valley Energy Dividends and Buybacks
Dividend criteria checks 3/6
Tamarack Valley Energy is a dividend paying company with a current yield of 3.25% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
3.3%
Dividend yield
3.9%
Buyback Yield
| Total Shareholder Yield | 7.1% |
| Future Dividend Yield | 3.3% |
| Dividend Growth | 17.9% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | CA$0.150 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Tamarack Valley Energy's (TSE:TVE) Dividend Will Be CA$0.0125
Sep 21
Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0125
Aug 18Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0125
Jul 22Recent updates
We Think Tamarack Valley Energy's (TSE:TVE) Healthy Earnings Might Be Conservative
Nov 08Calculating The Fair Value Of Tamarack Valley Energy Ltd. (TSE:TVE)
Oct 17Tamarack Valley Energy's (TSE:TVE) Dividend Will Be CA$0.0125
Sep 21Is Tamarack Valley Energy (TSE:TVE) A Risky Investment?
Aug 18Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0125
Aug 18Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0125
Jul 22Tamarack Valley Energy's (TSE:TVE) Dividend Will Be CA$0.0125
Mar 18Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0125
Feb 19Tamarack Valley Energy (TSE:TVE) Is Due To Pay A Dividend Of CA$0.0125
Jan 19Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0125
Nov 28Tamarack Valley Energy (TSE:TVE) Use Of Debt Could Be Considered Risky
Nov 19Tamarack Valley Energy (TSE:TVE) Is Paying Out A Dividend Of CA$0.0125
Oct 29Tamarack Valley Energy (TSE:TVE) Has Announced A Dividend Of CA$0.0125
Sep 23Tamarack Valley Energy's (TSE:TVE) Dividend Will Be CA$0.0125
Aug 26Is Tamarack Valley Energy (TSE:TVE) Using Too Much Debt?
Aug 21Tamarack Valley Energy (TSE:TVE) Is Due To Pay A Dividend Of CA$0.0125
Jul 25Is There An Opportunity With Tamarack Valley Energy Ltd.'s (TSE:TVE) 50% Undervaluation?
Jul 19Tamarack Valley Energy (TSE:TVE) Is Due To Pay A Dividend Of CA$0.0125
Jun 24Tamarack Valley Energy's (TSE:TVE) Dividend Will Be CA$0.0125
May 21Tamarack Valley Energy (TSE:TVE) Is Paying Out A Dividend Of CA$0.0125
Apr 23Is Tamarack Valley Energy (TSE:TVE) Using Too Much Debt?
Mar 20Tamarack Valley Energy (TSE:TVE) Has Affirmed Its Dividend Of CA$0.0125
Feb 21Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, TVE has been paying a dividend for less than 10 years.
Growing Dividend: TVE's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Tamarack Valley Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TVE) | 3.3% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Oil and Gas) | 4.3% |
| Analyst forecast (TVE) (up to 3 years) | 3.3% |
Notable Dividend: TVE's dividend (3.25%) is higher than the bottom 25% of dividend payers in the Canadian market (1.76%).
High Dividend: TVE's dividend (3.25%) 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 (38.7%), TVE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.2%), TVE's dividend payments are well covered by cash flows.