Paramount Resources Dividend
Dividend criteria checks 3/6
Paramount Resources is a dividend paying company with a current yield of 6.1% that is well covered by earnings.
Key information
6.1%
Dividend yield
63%
Payout ratio
Industry average yield | 4.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | US$1.317 |
Earnings per share | US$2.33 |
Dividend yield forecast in 3Y | 6.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, PRMR.F has been paying a dividend for less than 10 years.
Growing Dividend: PRMR.F's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Paramount Resources Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PRMR.F) | 6.1% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.4% |
Industry Average (Oil and Gas) | 4.0% |
Analyst forecast in 3 Years (PRMR.F) | 6.1% |
Notable Dividend: PRMR.F's dividend (6.1%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: PRMR.F's dividend (6.1%) is in the top 25% of dividend payers in the US market (4.4%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.2%), PRMR.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (248.2%), PRMR.F's dividend payments are not well covered by cash flows.