Whitecap Resources Dividend
Dividend criteria checks 6/6
Whitecap Resources is a dividend paying company with a current yield of 7.06% that is well covered by earnings. Next payment date is on 15th May, 2024 with an ex-dividend date of 29th April, 2024.
Key information
7.1%
Dividend yield
41%
Payout ratio
| Industry average yield | 4.9% |
| Next dividend pay date | 15 May 24 |
| Ex dividend date | 29 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | CA$1.49 |
| Dividend yield forecast in 3Y | 7.1% |
Recent dividend updates
Recent updates
Whitecap Resources (TSE:WCP) Has A Somewhat Strained Balance Sheet
Mar 21
Is There An Opportunity With Whitecap Resources Inc.'s (TSE:WCP) 46% Undervaluation?
Feb 24There Is A Reason Whitecap Resources Inc.'s (TSE:WCP) Price Is Undemanding
Feb 02Is Whitecap Resources (TSE:WCP) Using Too Much Debt?
Dec 09Whitecap Resources' (TSE:WCP) Dividend Will Be Increased To CA$0.0608
Oct 20Whitecap Resources Inc.'s (TSE:WCP) Intrinsic Value Is Potentially 70% Above Its Share Price
Oct 12Here's Why Whitecap Resources (TSE:WCP) Has A Meaningful Debt Burden
Aug 18Whitecap Resources (TSE:WCP) Takes On Some Risk With Its Use Of Debt
May 17Is Whitecap Resources Inc. (TSE:WCP) Trading At A 37% Discount?
Mar 09Here's Why Whitecap Resources (TSE:WCP) Has A Meaningful Debt Burden
Feb 15Whitecap Resources' (TSE:WCP) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 21Is There An Opportunity With Whitecap Resources Inc.'s (TSE:WCP) 25% Undervaluation?
Nov 18Whitecap Resources (TSE:WCP) Has A Pretty Healthy Balance Sheet
Oct 17We Ran A Stock Scan For Earnings Growth And Whitecap Resources (TSE:WCP) Passed With Ease
Aug 23Whitecap Resources Inc. (TSE:WCP) Shares Could Be 43% Below Their Intrinsic Value Estimate
Aug 01Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WCP's dividends per share have been stable in the past 10 years.
Growing Dividend: WCP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Whitecap Resources Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WCP) | 7.1% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Oil and Gas) | 4.9% |
| Analyst forecast in 3 Years (WCP) | 7.1% |
Notable Dividend: WCP's dividend (7.06%) is higher than the bottom 25% of dividend payers in the Canadian market (1.93%).
High Dividend: WCP's dividend (7.06%) is in the top 25% of dividend payers in the Canadian market (6.42%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.2%), WCP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.3%), WCP's dividend payments are covered by cash flows.