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Cardinal Energy (TSX:CJ) 5-Year Dividend Growth Rate : 0.00% (As of Dec. 2023)


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What is Cardinal Energy 5-Year Dividend Growth Rate?

Cardinal Energy's Dividends per Share for the three months ended in Dec. 2023 was C$0.18.

During the past 12 months, Cardinal Energy's average Dividends Per Share Growth Rate was 89.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 188.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Cardinal Energy was 188.40% per year. The lowest was -58.50% per year. And the median was -19.20% per year.

Cardinal Energy's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.13. As of today, Cardinal Energy's Dividend Yield % is 9.86%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Cardinal Energy Ltd is 1.16, which seems too high.

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


Competitive Comparison of Cardinal Energy's 5-Year Dividend Growth Rate

For the Oil & Gas E&P subindustry, Cardinal Energy's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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.


Cardinal Energy's 5-Year Dividend Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cardinal Energy's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Cardinal Energy's 5-Year Dividend Growth Rate falls into.



Cardinal Energy 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Cardinal Energy  (TSX:CJ) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Cardinal Energy's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.18/ 0.16
=1.13

During the past 12 years, the highest Dividend Payout Ratio of Cardinal Energy was 3.95. The lowest was 0.23. And the median was 1.32.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Cardinal Energy Ltd is 1.16, which seems too high.

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

Cardinal Energy Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0602024-04-292024-04-302024-05-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0602024-03-272024-03-282024-04-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0602024-02-282024-02-292024-03-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0602024-01-302024-01-312024-02-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0602023-12-282023-12-292024-01-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0602023-11-292023-11-302023-12-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0602023-10-302023-10-312023-11-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0602023-09-282023-09-292023-10-16Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0602023-08-302023-08-312023-09-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0602023-07-282023-07-312023-08-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0602023-06-292023-06-302023-07-14Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0602023-05-302023-05-312023-06-15Cash 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.

Cardinal Energy's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.72/7.30
=9.86 %

Current Share Price is C$7.30.
Cardinal Energy's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.72.

During the past 12 years, the highest Dividend Yield of Cardinal Energy was 41.67%. The lowest was 0.41%. And the median was 8.09%.

* 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.


Cardinal Energy 5-Year Dividend Growth Rate Related Terms

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Cardinal Energy (TSX:CJ) Business Description

Industry
Traded in Other Exchanges
Address
400 - 3rd Avenue SW, Suite 600, Calgary, AB, CAN, T2P 4H2
Cardinal Energy Ltd is an oil-focused Canadian company. The company's principal business activity is the acquisition, exploration, and production of petroleum and natural gas in the provinces of Alberta and Saskatchewan.