Tourmaline Oil Dividends
| TOU Stock | CAD 68.04 0.41 0.61% |
At this time, Tourmaline Oil's Dividends Paid is very stable compared to the past year. As of the 26th of November 2024, Dividend Yield is likely to grow to 0.12, while Dividend Paid And Capex Coverage Ratio is likely to drop 0.51. Tourmaline Oil's past performance could be the main factor of why investors trade Tourmaline Oil Corp stock today. Investors should clearly understand every aspect of the Tourmaline Oil dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Tourmaline Oil's dividend schedule and payout information. Tourmaline Oil Corp dividends can also provide a clue to the current valuation of Tourmaline Oil.
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 2.2 B | 2.3 B | |
| Dividend Yield | 0.11 | 0.12 | |
| Dividend Payout Ratio | 1.28 | 1.35 | |
| Dividend Paid And Capex Coverage Ratio | 0.89 | 0.51 |
Tourmaline |
Investing in dividend-paying stocks, such as Tourmaline Oil Corp is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Tourmaline Oil must own a stock before its ex-dividend date to receive its next dividend.
Tourmaline Oil Expected Dividend Income Per Share
Dividend payment represents part of Tourmaline Oil's profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Tourmaline Oil. Tourmaline Oil's board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$2.96 Bottom Scenario | C$3.22 | $3.49 Top Scenario |
One Year
Tourmaline Oil Corp expected dividend income per share adjusted for ongoing price standard deviation