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MEG Energy (MEG) Dividend Yield, Date & History

MEG Energy logo
C$22.18 -0.26 (-1.16%)
(As of 12/20/2024 05:17 PM ET)

MEG Energy Dividend Summary

Dividend Yield
1.80%
Annual Dividend
C$0.40
Next
Dividend Payment
Jan. 15
Dividend Payout Ratio
19.05%

MEG Energy (MEG) pays an annual dividend of C$0.40 per share, with a dividend yield of 1.80%. The next payment of C$0.10 per share is scheduled for Wednesday, January 15, to investors who owned the stock before the ex-dividend date of Monday, December 16. The company currently pays out 19.05% of its earnings and 52.99% of its cash flow as dividends.

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MEG Dividend Payments by Quarter

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

MEG Dividend Yield Over Time

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

MEG Energy vs. The Competition

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

TypeMEG EnergyEnergy CompaniesTSE Companies
Annual DividendC$0.40C$0.10C$1.07
Dividend Yield1.80%7.15%5.78%

MEG Energy 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 Earnings19.05%
Based on This Year's Estimate17.59%
Based on Cashflow52.99%

MEG Energy Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/16/2024Quarterly$0.10 - 1.46%12/16/20241/15/20251/15/2025
9/17/2024Quarterly$0.10 - 1.67%9/17/202410/15/202410/15/2024

This table shows MEG Energy'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.

MEG Energy Dividend - Frequently Asked Questions

The current dividend yield for MEG Energy is 1.80%. Learn more on MEG's dividend yield history.

The annual dividend for MEG shares is C$0.40. Learn more on MEG's annual dividend history.

MEG Energy pays quarterly dividends to shareholders.

MEG Energy's next quarterly dividend payment of C$0.10 per share will be made to shareholders on Wednesday, January 15, 2025.

MEG Energy's most recent ex-dividend date was Monday, December 16, 2024.

The dividend payout ratio for MEG is:
  • 19.05% based on the trailing year of earnings
  • 17.59% based on this year's estimates
  • 52.99% based on cash flow

MEG Energy's dividend yield of 1.44% is lower than the average Energy company that issues a dividend. MEG Energy's dividend payout ratio of 19.05% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate MEG Energy stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


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