Tamarack Valley Energy Dividend
Dividend criteria checks 2/6
Tamarack Valley Energy is a dividend paying company with a current yield of 4.14%.
Key information
4.1%
Dividend yield
141%
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$0.11 |
Dividend yield forecast in 3Y | 4.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, TNEY.F has been paying a dividend for less than 10 years.
Growing Dividend: TNEY.F's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Tamarack Valley Energy Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (TNEY.F) | 4.1% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Oil and Gas) | 4.0% |
Analyst forecast in 3 Years (TNEY.F) | 4.1% |
Notable Dividend: TNEY.F's dividend (4.14%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: TNEY.F's dividend (4.14%) is low compared to the top 25% of dividend payers in the US market (4.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (141.4%), TNEY.F's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34%), TNEY.F's dividend payments are well covered by cash flows.