Parkland (FRA:PF6) Dividend Payout Ratio : 1.64 (As of Sep. 2024)

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What is Parkland Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Parkland's Dividend Payout Ratio for the months ended in Sep. 2024 was 1.64.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Parkland Corp is 0.84, which seems too high.

The historical rank and industry rank for Parkland's Dividend Payout Ratio or its related term are showing as below:

FRA:PF6' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.87 Max: 2.06
Current: 0.84

During the past 13 years, the highest Dividend Payout Ratio of Parkland was 2.06. The lowest was 0.27. And the median was 0.87.

FRA:PF6's Dividend Payout Ratio is ranked worse than
68.17% of 443 companies
in the Oil & Gas industry
Industry Median: 0.52 vs FRA:PF6: 0.84

As of today (2024-12-14), the Dividend Yield % of Parkland is 4.01%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Parkland was 5.31%. The lowest was 2.45%. And the median was 3.63%.

Parkland's Dividends per Share for the months ended in Sep. 2024 was €0.23.

During the past 12 months, Parkland's average Dividends Per Share Growth Rate was 3.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Parkland was 168.30% per year. The lowest was -6.80% per year. And the median was 4.70% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Parkland Dividend Payout Ratio Historical Data

The historical data trend for Parkland's Dividend Payout Ratio 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.

Parkland Dividend Payout Ratio Chart

Parkland Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.48

2.06

0.45

0.27

0.47

Parkland Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.18	1.81	0.61	0.51	1.64

Competitive Comparison of Parkland's Dividend Payout Ratio

For the Oil & Gas Refining & Marketing subindustry, Parkland's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Parkland's Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Parkland's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Parkland's Dividend Payout Ratio falls into.

Parkland Dividend Payout Ratio Calculation

Parkland's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.93	/	1.961
	=	0.47

Parkland's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.233	/	0.142
	=	1.64

Parkland (FRA:PF6) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Parkland Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Parkland's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Parkland Business Description

Industry

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PKIUF:USA PKI:Canada

Address

240 - 4th Avenue South west, Suite 1800, Calgary, AB, CAN, T2P 4H4

Website

https://www.parkland.ca

Parkland Corp is a fuel distributor, marketer, and convenience retailer, with operations in 26 countries across the Americas. Parkland delivers refined fuels, propane, and other high-quality petroleum products to motorists, businesses, consumers, and wholesale customers across the Americas. The company's lines of business are; Retail line of business includes the operations of Parkland retail service stations, including EV charging stations, and convenience and food stores, Commercial includes the operations of card lock sites, bulk fuel, propane, heating oil, lubricants, and other related services, Refining includes the operations of the Burnaby Refinery, and Corporate includes centralized administrative services and expenses.

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