Source Rock Royalties Dividend
Dividend criteria checks 4/6
Source Rock Royalties is a dividend paying company with a current yield of 8.5% that is well covered by earnings. Next payment date is on 14 Apr 2023 with an ex-dividend date of 30 Mar 2023.
Key information
8.5%
Dividend yield
22%
Payout ratio
| Industry average yield | 5.6% |
| Next dividend pay date | 14 Apr 23 |
| Ex dividend date | 30 Mar 23 |
| Dividend per share | CA$0.06 |
| Earnings per share | CA$0.057 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Upcoming Dividend Payment
Dividend Yield vs Market
| Source Rock Royalties Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SRR) | 8.5% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Oil and Gas) | 5.6% |
| Analyst forecast in 3 Years (SRR) | n/a |
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 3/23/2023 | 0.06 | 8.5% |
| 3/15/2023 | 0.06 | 8.4% |
| 12/21/2022 | 0.06 | 8.2% |
| 9/16/2022 | 0.06 | 8.4% |
| 6/16/2022 | 0.06 | 7.6% |
| 3/15/2022 | 0.06 | 6.8% |