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Tourmaline Oil (TRMLF) Dividend Yield, Date & History

Tourmaline Oil logo
$42.60 +0.32 (+0.76%)
(As of 12/20/2024 05:55 PM ET)

Tourmaline Oil Dividend Summary

Dividend Yield
2.42%
Annual Dividend
$1.03
Next
Dividend Payment
Dec. 31
Dividend Payout Ratio
31.79%

Tourmaline Oil (TRMLF) pays an annual dividend of $1.03 per share, with a dividend yield of 2.42%. The next payment of $0.2486 per share is scheduled for Tuesday, December 31, to investors who owned the stock before the ex-dividend date of Monday, December 16. The company currently pays out 31.79% of its earnings and 16.76% of its cash flow as dividends.

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TRMLF Dividend Payments by Quarter

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

TRMLF Dividend Yield Over Time

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

Tourmaline Oil vs. The Competition

Compare Tourmaline Oil's annual dividend, yield, and 3-year growth rate with averages for Energy and OTCMKTS companies to evaluate its performance against the market.

TypeTourmaline OilEnergy CompaniesOTCMKTS Companies
Annual Dividend$1.03$0.00$27.34
Dividend Yield2.42%11.73%18.22%

Tourmaline Oil 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 Earnings31.79%
Based on This Year's Estimate38.58%
Based on Next Year's Estimate23.46%
Based on Cashflow16.76%

Tourmaline Oil Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/14/2024$0.2486-$0.1121
31.07%
2.24%12/16/202412/17/202412/31/2024
11/13/2024$0.3606+$0.1016
39.22%
3.16%11/15/202411/18/202411/26/2024
9/7/2024$0.2590-$0.1029
28.43%
2.34%9/13/20249/16/20249/27/2024
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8/2/2024$0.3619+$0.1295
55.71%
3.29%8/9/20248/12/20248/21/2024
6/11/2024$0.2324-$0.1308
36.00%
1.92%6/14/20246/17/20246/28/2024
5/3/2024$0.3632+$0.1412
63.62%
3.03%5/8/20245/9/20245/16/2024
3/9/2024$0.2220-$0.1480
40.00%
1.92%3/14/20243/15/20243/28/2024
3/8/2024$0.37+$0.1628
78.60%
3.18%3/13/20243/14/20243/21/2024
12/9/2023$0.2071-$0.5249
71.70%
1.82%12/14/202312/15/202312/29/2023
10/17/2023$0.7321+$0.5409
282.91%
5.76%10/23/202310/24/202311/1/2023
9/9/2023$0.1912-$0.5569
74.44%
1.5%9/14/20239/15/20239/29/2023
8/9/2023$0.7481+$0.5535
284.44%
5.78%8/11/20238/14/20238/22/2023
6/11/2023$0.1946-$0.9093
82.37%
1.73%6/14/20236/15/20236/30/2023
5/5/2023$1.1039+$0.9201
500.66%
10.29%5/10/20235/11/20235/19/2023
3/10/2023$0.1838-$1.3085
87.68%
1.68%3/14/20233/15/20233/31/2023
1/15/2023$1.4923+$1.3068
704.57%
12.1%1/23/20231/24/20232/1/2023

This table shows Tourmaline Oil's 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.

Tourmaline Oil Dividend - Frequently Asked Questions

The current dividend yield for Tourmaline Oil is 2.42%. Learn more on TRMLF's dividend yield history.

The annual dividend for TRMLF shares is $1.03. Learn more on TRMLF's annual dividend history.

Tourmaline Oil's next dividend payment of $0.2486 per share will be made to shareholders on Tuesday, December 31, 2024.

Tourmaline Oil's most recent dividend payment of $0.3606 per share was made to shareholders on Tuesday, November 26, 2024.

Tourmaline Oil's most recent ex-dividend date was Monday, December 16, 2024.

The most recent change in the company's dividend was a decrease of $0.1121 on Saturday, December 14, 2024.

The dividend payout ratio for TRMLF is:
  • 31.79% based on the trailing year of earnings
  • 38.58% based on this year's estimates
  • 23.46% based on next year's estimates
  • 16.76% based on cash flow

Tourmaline Oil's dividend yield of 2.46% is lower than the average Oils/Energy company that issues a dividend. Tourmaline Oil's dividend payout ratio of 31.79% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Tourmaline Oil stock as a Strong Buy, forecasting significant upside potential and strong investment returns.


This page (OTCMKTS:TRMLF) was last updated on 12/21/2024 by MarketBeat.com Staff
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