Tourmaline Oil Dividend
Tourmaline Oil Dividend history 6 years & estimates 2024 to 2026
Dividend Analysis of the Tourmaline Oil Stock
| Current dividend yield | 3.96 % |
| Dividendenrendite 5 Jahre | 1.12 % |
| Dividend Yield 10Y | 5.53 % |
| Payout 3Y | 2.64 % |
When does Tourmaline Oil pay a dividend?
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
CAD0.5
CAD0.5
|
Nov 15 2024
Nov 15 2024
Nov 26 2024
Nov 15 24
Nov 26 24 |
Nov 26 2024 |
Special dividend
Special div.
|
| 2024 |
CAD0.3473
CAD0.35
|
Sep 13 2024
Sep 13 2024
Sep 27 2024
Sep 13 24
Sep 27 24 |
Sep 27 2024 |
quarterly
quarterly
|
| 2024 |
CAD0.4961
CAD0.5
|
Aug 09 2024
Aug 09 2024
Aug 21 2024
Aug 09 24
Aug 21 24 |
Aug 21 2024 |
Special dividend
Special div.
|
| 2024 |
CAD0.3148
CAD0.31
|
Jun 14 2024
Jun 14 2024
Jun 28 2024
Jun 14 24
Jun 28 24 |
Jun 28 2024 |
quarterly
quarterly
|
| 2024 |
CAD0.4919
CAD0.49
|
May 08 2024
May 08 2024
May 16 2024
May 08 24
May 16 24 |
May 16 2024 |
Special dividend
Special div.
|
| 2024 |
CAD0.2929
CAD0.29
|
Mar 14 2024
Mar 14 2024
Mar 28 2024
Mar 14 24
Mar 28 24 |
Mar 28 2024 |
quarterly
quarterly
|
| 2024 |
CAD0.4882
CAD0.49
|
Mar 13 2024
Mar 13 2024
Mar 21 2024
Mar 13 24
Mar 21 24 |
Mar 21 2024 |
Special dividend
Special div.
|
| 2023 |
CAD0.2711
CAD0.27
|
Dec 14 2023
Dec 14 2023
Dec 29 2023
Dec 14 23
Dec 29 23 |
Dec 29 2023 |
quarterly
quarterly
|
| 2023 |
CAD0.9683
CAD0.97
|
Oct 23 2023
Oct 23 2023
Nov 01 2023
Oct 23 23
Nov 01 23 |
Nov 01 2023 |
Special dividend
Special div.
|
| 2023 |
CAD0.2483
CAD0.25
|
Sep 14 2023
Sep 14 2023
Sep 29 2023
Sep 14 23
Sep 29 23 |
Sep 29 2023 |
quarterly
quarterly
|
How much dividend does Tourmaline Oil pay?
Tourmaline Oil most recently paid a dividend of CAD0.50. Tourmaline Oil paid a Dividend of CAD0.99 Per Share in the financial year 2023. With a stock price of CAD68.04 at Nov 25 2024, the current dividend yield is 1.46% (calculation: CAD0.99 / CAD68.04 = 1.46%). A Special Dividend was paid in the amount of CAD5.17 Per Share. Special dividends are not included in the calculation of the dividend yield.
What is the Tourmaline Oil Dividend Yield and payout ratio?
The average Tourmaline Oil dividend yield over the last 5 years is 1.83% and the average over the last 10 years is 1.13%.
The payout ratio of Tourmaline Oil in relation to the last financial year is 121.10%. The payout ratio smoothed over 3 years is 56.52%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Tourmaline Oil |
|---|---|
| Current dividend yield | 1.46% |
| Dividend Yield 5Y | 1.83% |
| Dividend Yield 10Y | 1.13% |
| Payout 1Y | 121.10% |
| Payout 3Y | 56.52% |
Is the Tourmaline Oil dividend safe? Continuity & Dividend Growth
Is the Tourmaline Oil dividend safe?
Tourmaline Oil has been paying a dividend for 6 years and has not lowered the dividend for 6 years (dividend continuity). As a result, the dividend was recently increased 6-times.
The Dividend Growth in relation to the previous financial year amounts to 28.64%. The average Tourmaline Oil Dividend Growth over the last 5 years is 27.76%.
| Metric | Tourmaline Oil |
|---|---|
| Increased | 6 Years |
| Continuity | 6 Years |
| Paid | 6 Years |
| Growth 1Y | 28.64% |
| Growth 5Y | 27.76% |
Continuity
Tourmaline Oil has been paying a dividend for 6 years and has not lowered the dividend for 6 years (dividend continuity). As a result, the dividend was recently increased 6-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 28.64%. The average Tourmaline Oil Dividend Growth over the last 5 years is 27.76%.
Tourmaline Oil Stock Forecast 2024
On the stock exchange, the Tourmaline Oil stock (ISIN: CA89156V1067) is not traded as a top scorer in November 2024 according to the dividend strategy.
The stock price of Tourmaline Oil 17.92% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Tourmaline Oil stock price in real time at the top of the page.
Tourmaline Oil (symbol: TOU) is valued at a Price / Earnings Ratio (P/E ratio) of 15.28 and a price/sales ratio (P/S ratio) of 4.84 valued. Based on analyst estimates, the Tourmaline Oil stock forecast 2024 of the current financial year corresponds to a valuation of 18.55 according to P/E ratio and 4.55 according to P/S.
| Metric | Tourmaline Oil |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
17.92%
|
| P/E TTM | 15.28 |
| P/S TTM | 4.84 |
| P/E forward | 18.55 |
| P/S forward | 4.55 |
Tourmaline Oil (symbol: TOU) is valued at a Price / Earnings Ratio (P/E ratio) of 15.28 and a price/sales ratio (P/S ratio) of 4.84 valued. Based on analyst estimates, the Tourmaline Oil stock forecast 2024 of the current financial year corresponds to a valuation of 18.55 according to P/E ratio and 4.55 according to P/S.
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