Tourmaline Oil Dividends and Buybacks
Dividend criteria checks 3/6
Tourmaline Oil is a dividend paying company with a current yield of 5.91% that is well covered by earnings.
Key information
5.9%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 5.7% |
| Future Dividend Yield | 3.2% |
| Dividend Growth | 21.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €3.900 |
| Payout ratio | 28% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 08T has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 08T's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Tourmaline Oil Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (08T) | 5.9% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.9% |
| Industry Average (Oil and Gas) | 2.8% |
| Analyst forecast (08T) (up to 3 years) | 3.2% |
Notable Dividend: 08T's dividend (5.91%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: 08T's dividend (5.91%) is in the top 25% of dividend payers in the German market (4.81%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.1%), 08T's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (153.7%), 08T's dividend payments are not well covered by cash flows.