Tourmaline Oil Dividend yield

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
   CAD per share 
 Price  16.98
 Dividend  0.37
 Earnings  1.28
 Cash-flow  4.35
 Book value  28.30
 Equity  25.60

Tourmaline Oil is part of Oil and Gas Producers business, which is part of Oil and Gas industry. Tourmaline Oil is a company from Canada, and his stocks are publicly traded.

Tourmaline Oil paid a total dividend of 100 million CAD last year, for a market value of 4,602 millions (Market Cap 4,262 millions). Dividend per share of Tourmaline Oil is 0.37 CAD, and his stock market price 16.98 CAD.

According to the chart below, where dividend yield is displayed, Tourmaline Oil has a dividend yield of 2.18%, lower than the amount offered by both the market average and companies from Canada. It is also lower than average of Oil and Gas industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Tourmaline Oil dividend yield with other Oil and Gas Producers companies or firms from Canada.

Dividend yield of Tourmaline Oil

Tourmaline Oil Dividend Payout

About the ability of Tourmaline Oil to maintain his current dividend of CAD 0.37 per share, an amount that accounts for 2.18%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Tourmaline Oil payout on ernings is currently 28.91%, which is lower than the market average and companies of Oil and Gas industry, which are 40.41% and 45.26% respectively. Both figures lead us to believe that there is confidence that Tourmaline Oilcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Tourmaline Oil is CAD 4.35 per share, which is higher than the dividend per share paid by the company of CAD 0.37, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Tourmaline Oil, compared againt world market average, Canada companies, Oil and Gas industry and Oil and Gas Producers sector companies.

Tourmaline Oil payout

Tourmaline Oil Stock performance

Finally, last moth Tourmaline Oil showed a return of -7.70% compared to a worldwide -5.60% average, and a -8.37% of Oil and Gas firms. Over the last year, the company obtained a -25.50% versus a worldwide performance of a -11.41%. More detailed information can be seen in the following graph for Canada and Oil and Gas Producers firms.

Tourmaline Oil stock and market return

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