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Parkland (PKI) Dividend Yield, Date & History

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C$33.78 -0.55 (-1.60%)
(As of 05:28 PM ET)

Parkland Dividend Summary

Dividend Yield
4.14%
Annual Dividend
C$1.40
Recent
Dividend Payment
Oct. 15
Dividend Payout Ratio
65.73%

Parkland (PKI) pays an annual dividend of C$1.40 per share, with a dividend yield of 4.14%. The next payment of C$0.35 per share was paid on Tuesday, October 15, to investors who owned the stock before the ex-dividend date of Thursday, September 19. The company currently pays out 65.73% of its earnings and 66.35% of its cash flow as dividends.

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PKI Dividend Payments by Quarter

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

PKI Dividend Yield Over Time

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

Parkland vs. The Competition

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

TypeParklandEnergy CompaniesTSE Companies
Annual DividendC$1.40C$0.10C$1.06
Dividend Yield4.14%7.24%5.75%

Parkland 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 Earnings65.73%
Based on This Year's Estimate38.86%
Based on Cashflow66.35%

Parkland Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
9/11/2024Quarterly$0.35 - 3.95%9/19/20249/20/202410/15/2024
6/12/2024Quarterly$0.35 - 3.58%6/20/20246/21/20247/15/2024
2/27/2024Quarterly$0.35+$0.01
2.94%
3.14%3/21/20243/22/20244/15/2024
12/13/2023Quarterly$0.34 - 3.17%12/21/202312/22/20231/15/2024
12/13/2023Quarterly$0.34 - 3.17%12/21/202312/22/20231/15/2024
9/13/2023Quarterly$0.34 - 3.42%9/21/20239/22/202310/13/2023
6/13/2023Quarterly$0.34 - 4.02%6/21/20236/22/20237/14/2023
3/2/2023Quarterly$0.34+$0.0150
4.62%
4.54%3/21/20233/22/20234/14/2023

This table shows Parkland'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.

Parkland Dividend - Frequently Asked Questions

The current dividend yield for Parkland is 4.14%. Learn more on PKI's dividend yield history.

The annual dividend for PKI shares is C$1.40. Learn more on PKI's annual dividend history.

Parkland pays quarterly dividends to shareholders.

Parkland's most recent quarterly dividend payment of C$0.35 per share was made to shareholders on Tuesday, October 15, 2024.

Parkland's most recent ex-dividend date was Thursday, September 19, 2024.

The most recent change in the company's dividend was an increase of C$0.01 on Tuesday, February 27, 2024.

The dividend payout ratio for PKI is:
  • 65.73% based on the trailing year of earnings
  • 38.86% based on this year's estimates
  • 66.35% based on cash flow

Parkland's dividend yield of 3.95% is lower than the average Energy company that issues a dividend. Parkland's dividend payout ratio of 65.73% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Parkland stock as a Buy, with forecasts suggesting positive growth potential despite some reservations.


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