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Tourmaline Oil (TOU) Dividend Yield, Date & History

Tourmaline Oil logo
C$61.25 +0.54 (+0.89%)
(As of 12/20/2024 05:18 PM ET)

Tourmaline Oil Dividend Summary

Dividend Yield
2.29%
Annual Dividend
C$1.40
Next
Dividend Payment
Dec. 31
Dividend Payout Ratio
33.18%

Tourmaline Oil (TOU) pays an annual dividend of C$1.40 per share, with a dividend yield of 2.29%. The next payment of C$0.35 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 33.18% of its earnings and 653.70% of its cash flow as dividends.

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TOU 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.

TOU 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 TSE companies to evaluate its performance against the market.

TypeTourmaline OilEnergy CompaniesTSE Companies
Annual DividendC$1.40C$0.10C$1.07
Dividend Yield2.29%6.63%5.42%

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 Earnings33.18%
Based on This Year's Estimate24.64%
Based on Cashflow653.70%

Tourmaline Oil Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/16/2024Quarterly$0.35-$0.15
30.00%
2.19%12/16/202412/31/202412/31/2024
9/13/2024None$0.50+$0.18
56.25%
2.26%9/13/20249/13/20249/27/2024
6/14/2024Quarterly$0.32 - 1.89%6/14/20246/28/20246/28/2024
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5/8/2024Quarterly$0.32+$0.02
6.67%
1.95%5/8/20245/16/20245/16/2024
3/6/2024Quarterly$0.30+$0.02
7.14%
1.92%3/14/20243/15/20243/28/2024
12/1/2023Quarterly$0.28-$0.72
72.00%
1.73%12/14/202312/15/202312/29/2023
10/16/2023None$1.00+$0.74
284.62%
10/23/202310/24/202311/1/2023
9/1/2023Quarterly$0.26-$0.74
74.00%
1.47%9/14/20239/15/20239/29/2023
8/2/2023None$1.00+$0.74
284.62%
8/11/20238/14/20238/22/2023
6/7/2023Quarterly$0.26+$0.01
4.00%
1.73%6/14/20236/15/20236/30/2023
3/1/2023Quarterly$0.25 - 1.69%3/14/20233/15/20233/31/2023

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 2.29%. Learn more on TOU's dividend yield history.

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

Tourmaline Oil pays quarterly dividends to shareholders.

Tourmaline Oil's next quarterly dividend payment of C$0.35 per share will be made to shareholders on Tuesday, December 31, 2024.

Tourmaline Oil's most recent quarterly dividend payment of C$0.50 per share was made to shareholders on Friday, September 27, 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 C$0.15 on Monday, December 16, 2024.

The dividend payout ratio for TOU is:
  • 33.18% based on the trailing year of earnings
  • 24.64% based on this year's estimates
  • 653.70% based on cash flow

Tourmaline Oil's dividend yield of 2.24% is lower than the average Energy company that issues a dividend. Tourmaline Oil's dividend payout ratio of 33.18% 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 Moderate Buy, forecasting growth opportunities and potential value appreciation.


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