Paramount Resources Dividend
Dividend criteria checks 3/6
Paramount Resources is a dividend paying company with a current yield of 4.92% that is well covered by earnings.
Key information
4.9%
Dividend yield
46%
Payout ratio
Industry average yield | 4.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$3.23 |
Dividend yield forecast in 3Y | 4.9% |
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) | 4.9% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Oil and Gas) | 4.0% |
Analyst forecast in 3 Years (PRMR.F) | 4.9% |
Notable Dividend: PRMR.F's dividend (4.92%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: PRMR.F's dividend (4.92%) is in the top 25% of dividend payers in the US market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.7%), PRMR.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (106%), PRMR.F's dividend payments are not well covered by cash flows.