PrairieSky Royalty Dividends and Buybacks
Dividend criteria checks 2/6
PrairieSky Royalty is a dividend paying company with a current yield of 3.36%.
Key information
3.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 3.4% |
| Dividend Growth | -0.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.720 |
| Payout ratio | 106% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PREK.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: PREK.F's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| PrairieSky Royalty Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PREK.F) | 3.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Oil and Gas) | 3.8% |
| Analyst forecast (PREK.F) (up to 3 years) | 3.4% |
Notable Dividend: PREK.F's dividend (3.36%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: PREK.F's dividend (3.36%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (106.4%), PREK.F's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (64.8%), PREK.F's dividend payments are covered by cash flows.