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Parex Resources (PXT) Dividend Yield, Date & History

Parex Resources logo
C$13.46 -0.06 (-0.44%)
(As of 10:36 AM ET)

Parex Resources Dividend Summary

Dividend Yield
11.44%
Annual Dividend
C$1.54
Recent
Dividend Payment
Dec. 16
Dividend Payout Ratio
36.75%

Parex Resources (PXT) pays an annual dividend of C$1.54 per share, with a dividend yield of 11.44%. The next payment of C$0.39 per share was paid on Monday, December 16, to investors who owned the stock before the ex-dividend date of Monday, December 9. The company currently pays out 36.75% of its earnings and 63.75% of its cash flow as dividends.

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PXT Dividend Payments by Quarter

The chart below displays up to four years of Parex Resources' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

PXT Dividend Yield Over Time

The chart below tracks Parex Resources' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Parex Resources vs. The Competition

Compare Parex Resources' annual dividend, yield, and 3-year growth rate with averages for Energy and TSE companies to evaluate its performance against the market.

TypeParex ResourcesEnergy CompaniesTSE Companies
Annual DividendC$1.54C$0.10C$1.05
Dividend Yield11.39%7.26%5.74%

Parex Resources Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings36.75%
Based on Cashflow63.46%

Parex Resources Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/9/2024Quarterly$0.3850 - 11.01%12/9/202412/16/202412/16/2024
9/9/2024Quarterly$0.3850 - 8.32%9/9/20249/16/20249/16/2024
6/10/2024Quarterly$0.3850+$0.01
2.67%
6.26%6/10/20246/17/20246/17/2024
2/29/2024Quarterly$0.3750 - 7.32%3/14/20243/15/20243/28/2024
12/14/2023Quarterly$0.3750 - 5.51%12/14/202312/29/202312/29/2023
9/14/2023Quarterly$0.3750 - 5.68%9/14/20239/29/20239/29/2023
6/14/2023Quarterly$0.3750 - 5.72%6/14/20236/30/20236/30/2023
3/14/2023Quarterly$0.3750+$0.1250
50.00%
6.52%3/14/20233/31/20233/31/2023

This table shows Parex Resources' dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Parex Resources Dividend - Frequently Asked Questions

The current dividend yield for Parex Resources is 11.39%. Learn more on PXT's dividend yield history.

The annual dividend for PXT shares is C$1.54. Learn more on PXT's annual dividend history.

Parex Resources pays quarterly dividends to shareholders.

Parex Resources's most recent quarterly dividend payment of C$0.39 per share was made to shareholders on Monday, December 16, 2024.

Parex Resources's most recent ex-dividend date was Monday, December 9, 2024.

The most recent change in the company's dividend was an increase of C$0.01 on Monday, June 10, 2024.

The dividend payout ratio for PXT is:
  • 36.75% based on the trailing year of earnings
  • 63.46% based on cash flow

Parex Resources' dividend yield of 11.53% is higher than the average Energy company that issues a dividend. PXT has a dividend yield higher than 75% of all dividend-paying stocks 5.5, making it a leading dividend payer. Parex Resources' dividend payout ratio of 36.75% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Parex Resources stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (TSE:PXT) was last updated on 12/18/2024 by MarketBeat.com Staff
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