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 | €0.150 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 9TA1 has been paying a dividend for less than 10 years.
Growing Dividend: 9TA1'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 (9TA1) | 3.3% |
| Market Bottom 25% (DE) | 1.8% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Oil and Gas) | 2.8% |
| Analyst forecast (9TA1) (up to 3 years) | 3.3% |
Notable Dividend: 9TA1's dividend (3.25%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: 9TA1's dividend (3.25%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.7%), 9TA1's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.2%), 9TA1's dividend payments are well covered by cash flows.