Topaz Energy Dividends and Buybacks
Dividend criteria checks 2/6
Topaz Energy is a dividend paying company with a current yield of 4.5%. Next payment date is on 31st December, 2024 with an ex-dividend date of 13th December, 2024.
Key information
4.5%
Dividend yield
-0.04%
Buyback Yield
| Total Shareholder Yield | 4.5% |
| Future Dividend Yield | 4.5% |
| Dividend Growth | 7.5% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | US$0.951 |
| Payout ratio | 301% |
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, TPZE.F has been paying a dividend for less than 10 years.
Growing Dividend: TPZE.F's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Topaz Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TPZE.F) | 4.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Oil and Gas) | 3.7% |
| Analyst forecast (TPZE.F) (up to 3 years) | 4.5% |
Notable Dividend: TPZE.F's dividend (4.5%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: TPZE.F's dividend (4.5%) is in the top 25% of dividend payers in the US market (4.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (301%), TPZE.F's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (133.4%), TPZE.F's dividend payments are not well covered by cash flows.