Precision Dividend Yield from 2010 to 2024

PDS Stock  USD 66.13  0.99  1.52%   
Precision Drilling Dividend Yield yearly trend continues to be comparatively stable with very little volatility. Dividend Yield is likely to outpace its year average in 2024. Dividend Yield is a financial ratio that shows how much Precision Drilling pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. View All Fundamentals
 
Dividend Yield  
First Reported
2010-12-31
Previous Quarter
0.0589
Current Value
0.0612
Quarterly Volatility
0.02084761
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Precision Drilling financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Precision Drilling's main balance sheet or income statement drivers, such as Depreciation And Amortization of 233.5 M, Interest Expense of 118 M or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 0.49, Dividend Yield of 0.0612 or PTB Ratio of 0.6. Precision financial statements analysis is a perfect complement when working with Precision Drilling Valuation or Volatility modules.
  
Check out the analysis of Precision Drilling Correlation against competitors.
For more information on how to buy Precision Stock please use our How to Invest in Precision Drilling guide.

Latest Precision Drilling's Dividend Yield Growth Pattern

Below is the plot of the Dividend Yield of Precision Drilling over the last few years. Dividend Yield is Precision Drilling dividend as a percentage of Precision Drilling stock price. Precision Drilling dividend yield is a measure of Precision Drilling stock productivity, which can be interpreted as interest rate earned on an Precision Drilling investment. It is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Precision Drilling's Dividend Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Precision Drilling's overall financial position and show how it may be relating to other accounts over time.
Dividend Yield10 Years Trend
Slightly volatile
   Dividend Yield   
       Timeline  

Precision Dividend Yield Regression Statistics

Arithmetic Mean0.04
Geometric Mean0.02
Coefficient Of Variation52.27
Mean Deviation0.02
Median0.05
Standard Deviation0.02
Sample Variance0.0004
Range0.0612
R-Value0.87
Mean Square Error0.0001
R-Squared0.76
Significance0.000022
Slope0
Total Sum of Squares0.01

Precision Dividend Yield History

2024 0.0612
2023 0.0589
2015 0.0512
2014 0.0354
2013 0.0211
2011 0.006086
2010 3.6E-5

About Precision Drilling Financial Statements

Precision Drilling shareholders use historical fundamental indicators, such as Dividend Yield, to determine how well the company is positioned to perform in the future. Although Precision Drilling investors may analyze each financial statement separately, they are all interrelated. The changes in Precision Drilling's assets and liabilities, for example, are also reflected in the revenues and expenses on on Precision Drilling's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Dividend Yield 0.06  0.06 

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Additional Tools for Precision Stock Analysis

When running Precision Drilling's price analysis, check to measure Precision Drilling's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Precision Drilling is operating at the current time. Most of Precision Drilling's value examination focuses on studying past and present price action to predict the probability of Precision Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Precision Drilling's price. Additionally, you may evaluate how the addition of Precision Drilling to your portfolios can decrease your overall portfolio volatility.