Parex Resources Dividend
Parex Resources Dividend history 5 years & estimates 2024 to 2026
Dividend Analysis of the Parex Resources Stock
| Current dividend yield | 9.63 % |
| Dividendenrendite 5 Jahre | 8.86 % |
| Dividend Yield 10Y | 6.98 % |
| Payout 3Y | 9.22 % |
When does Parex Resources pay a dividend?
The Parex Resources stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the Parex Resources stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were March, June, September and December . Dividends from Parex Resources are distributed via March, June, September and December.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
CAD0.385
CAD0.39
|
Sep 09 2024
Sep 09 2024
Sep 16 2024
Sep 09 24
Sep 16 24 |
Sep 16 2024 |
quarterly
quarterly
|
| 2024 |
CAD0.385
CAD0.39
|
Jun 10 2024
Jun 10 2024
Jun 17 2024
Jun 10 24
Jun 17 24 |
Jun 17 2024 |
quarterly
quarterly
|
| 2024 |
CAD0.375
CAD0.38
|
Mar 14 2024
Mar 14 2024
Mar 28 2024
Mar 14 24
Mar 28 24 |
Mar 28 2024 |
quarterly
quarterly
|
| 2023 |
CAD0.375
CAD0.38
|
Dec 14 2023
Dec 14 2023
Dec 29 2023
Dec 14 23
Dec 29 23 |
Dec 29 2023 |
quarterly
quarterly
|
| 2023 |
CAD0.375
CAD0.38
|
Sep 14 2023
Sep 14 2023
Sep 29 2023
Sep 14 23
Sep 29 23 |
Sep 29 2023 |
quarterly
quarterly
|
| 2023 |
CAD0.375
CAD0.38
|
Jun 14 2023
Jun 14 2023
Jun 30 2023
Jun 14 23
Jun 30 23 |
Jun 30 2023 |
quarterly
quarterly
|
| 2023 |
CAD0.375
CAD0.38
|
Mar 14 2023
Mar 14 2023
Mar 31 2023
Mar 14 23
Mar 31 23 |
Mar 31 2023 |
quarterly
quarterly
|
| 2022 |
CAD0.25
CAD0.25
|
Dec 14 2022
Dec 14 2022
Dec 30 2022
Dec 14 22
Dec 30 22 |
Dec 30 2022 |
quarterly
quarterly
|
| 2022 |
CAD0.25
CAD0.25
|
Sep 14 2022
Sep 14 2022
Sep 30 2022
Sep 14 22
Sep 30 22 |
Sep 30 2022 |
quarterly
quarterly
|
| 2022 |
CAD0.25
CAD0.25
|
Jun 14 2022
Jun 14 2022
Jun 30 2022
Jun 14 22
Jun 30 22 |
Jun 30 2022 |
quarterly
quarterly
|
How much dividend does Parex Resources pay?
Parex Resources most recently paid a dividend of CAD0.39. Parex Resources paid a Dividend of CAD1.50 Per Share in the financial year 2023. With a stock price of CAD11.72 at Sep 26 2024, the current dividend yield is 12.80% (calculation: CAD1.50 / CAD11.72 = 12.80%). No special dividend was paid.
What is the Parex Resources Dividend Yield and payout ratio?
The average Parex Resources dividend yield over the last 5 years is 2.47% and the average over the last 10 years is 1.51%.
The payout ratio of Parex Resources in relation to the last financial year is 25.73%. The payout ratio smoothed over 3 years is 18.19%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Parex Resources |
|---|---|
| Current dividend yield | 12.80% |
| Dividend Yield 5Y | 2.47% |
| Dividend Yield 10Y | 1.51% |
| Payout 1Y | 25.73% |
| Payout 3Y | 18.19% |
Is the Parex Resources dividend safe? Continuity & Dividend Growth
Is the Parex Resources dividend safe?
Parex Resources has been paying a dividend for 3 years and has not lowered the dividend for 3 years (dividend continuity). As a result, the dividend was recently increased 3-times.
The Dividend Growth in relation to the previous financial year amounts to 68.54%.
| Metric | Parex Resources |
|---|---|
| Increased | 3 Years |
| Continuity | 3 Years |
| Paid | 3 Years |
| Growth 1Y | 68.54% |
Continuity
Parex Resources has been paying a dividend for 3 years and has not lowered the dividend for 3 years (dividend continuity). As a result, the dividend was recently increased 3-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 68.54%.
Parex Resources Stock Forecast 2024
On the stock exchange, the Parex Resources stock (ISIN: CA69946Q1046) is not traded as a top scorer in September 2024 according to the dividend strategy.
The stock price of Parex Resources -52.10% has fallen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Parex Resources stock price in real time at the top of the page.
Parex Resources (symbol: PXT) is valued at a Price / Earnings Ratio (P/E ratio) of 2.86 and a price/sales ratio (P/S ratio) of 0.72 valued. Based on analyst estimates, the Parex Resources stock forecast 2024 of the current financial year corresponds to a valuation of 5.39 according to P/E ratio and 0.76 according to P/S.
| Metric | Parex Resources |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
52.10%
|
| P/E TTM | 2.86 |
| P/S TTM | 0.72 |
| P/E forward | 5.39 |
| P/S forward | 0.76 |
Parex Resources (symbol: PXT) is valued at a Price / Earnings Ratio (P/E ratio) of 2.86 and a price/sales ratio (P/S ratio) of 0.72 valued. Based on analyst estimates, the Parex Resources stock forecast 2024 of the current financial year corresponds to a valuation of 5.39 according to P/E ratio and 0.76 according to P/S.
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