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Pine Cliff Energy (TSX:PNE) Dividend Yield % : 10.92% (As of May. 25, 2024)


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What is Pine Cliff Energy Dividend Yield %?

As of today (2024-05-25), the Trailing Annual Dividend Yield of Pine Cliff Energy is 10.92%.

The historical rank and industry rank for Pine Cliff Energy's Dividend Yield % or its related term are showing as below:

TSX:PNE' s Dividend Yield % Range Over the Past 10 Years
Min: 0.88   Med: 8.33   Max: 13.33
Current: 10.92

During the past 13 years, the highest Dividend Yield of Pine Cliff Energy was 13.33%. The lowest was 0.88%. And the median was 8.33%.

TSX:PNE's Dividend Yield % is ranked better than
90.4% of 500 companies
in the Oil & Gas industry
Industry Median: 3.98 vs TSX:PNE: 10.92

Pine Cliff Energy's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Pine Cliff Energy Ltd is 10.64, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Pine Cliff Energy was 10.64. The lowest was 0.28. And the median was 2.05.

As of today (2024-05-25), the Forward Dividend Yield % of Pine Cliff Energy is 5.83%.

Pine Cliff Energy's Dividends per Share for the three months ended in Mar. 2024 was C$0.02.

During the past 12 months, Pine Cliff Energy's average Dividends Per Share Growth Rate was 5.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Pine Cliff Energy Dividend Yield % Historical Data

The historical data trend for Pine Cliff Energy's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Pine Cliff Energy Dividend Yield % Chart

Pine Cliff Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 4.04 9.63

Pine Cliff Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.75 8.68 8.91 9.63 12.41

Competitive Comparison of Pine Cliff Energy's Dividend Yield %

For the Oil & Gas E&P subindustry, Pine Cliff Energy's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pine Cliff Energy's Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pine Cliff Energy's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Pine Cliff Energy's Dividend Yield % falls into.



Pine Cliff Energy Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Pine Cliff Energy Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0050002024-05-142024-05-152024-05-31Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0050002024-04-122024-04-152024-04-30Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0050002024-03-142024-03-152024-03-28Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0108302024-02-142024-02-152024-02-29Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0108302024-01-122024-01-152024-01-31Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0108302023-12-142023-12-152023-12-29Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0108302023-11-142023-11-152023-11-30Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0108302023-10-132023-10-162023-10-31Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0108302023-09-142023-09-152023-09-29Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0108302023-08-142023-08-152023-08-31Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0108302023-07-132023-07-142023-07-31Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0108302023-06-142023-06-152023-06-30Cash DividendmonthlyCAD:CAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Pine Cliff Energy's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.11247/1.03
=10.92 %

Current Share Price is C$1.03.
Pine Cliff Energy's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.11247.

Pine Cliff Energy's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.06/1.03
=5.83 %

Current Share Price is C$1.03.
Pine Cliff Energy's Dividends per Share for the forward twelve months is calculated as C$0.005 * 12 = C$0.06.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Pine Cliff Energy  (TSX:PNE) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Pine Cliff Energy Dividend Yield % Related Terms

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Pine Cliff Energy (TSX:PNE) Business Description

Traded in Other Exchanges
Address
1015 - 4th Street South West, Suite 850, Calgary, AB, CAN, T2R 1J4
Pine Cliff Energy Ltd is a Canadian natural gas focused, exploration and production company. It is mainly engaged in the exploration, development, and production of natural gas, crude oil, and natural gas liquids. The company owns a Western Canadian Sedimentary Basin, Ghost Pine/Three Hills and Camrose/Viking areas of Central Alberta, several gas assets in Southeast Alberta and Southwest Saskatchewan, non-operated properties in the Sundance, Harmattan, and Garrington areas of Alberta and others.
Executives
Calvin Blain Jacober Director

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