Tamarack Valley Energy (Tamarack Valley Energy) Dividend Payout Ratio : 0.57 (As of Dec. 2023)

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What is Tamarack Valley Energy Dividend Payout Ratio?

Tamarack Valley Energy's dividend payout ratio for the months ended in Dec. 2023 was 0.57.

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

TNEYF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.32 Max: 0.5
Current: 0.47

During the past 13 years, the highest Dividend Payout Ratio of Tamarack Valley Energy was 0.50. The lowest was 0.15. And the median was 0.32.

TNEYF's Dividend Payout Ratio is ranked worse than
54.3% of 453 companies
in the Oil & Gas industry
Industry Median: 0.44 vs TNEYF: 0.47

As of today (2024-04-28), the Dividend Yield % of Tamarack Valley Energy is 3.86%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Tamarack Valley Energy was 5.12%. The lowest was 0.40%. And the median was 3.29%.

Tamarack Valley Energy's Dividends per Share for the months ended in Dec. 2023 was $0.03.

During the past 12 months, Tamarack Valley Energy's average Dividends Per Share Growth Rate was 28.20% per year.

The growth rate is calculated with least square regression.

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

Tamarack Valley Energy Dividend Payout Ratio Historical Data

The historical data trend for Tamarack Valley Energy'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.

Tamarack Valley Energy Dividend Payout Ratio Chart

Tamarack Valley Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.15

0.50

Tamarack Valley Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.54	2.70	0.70	0.21	0.57

Competitive Comparison of Tamarack Valley Energy's Dividend Payout Ratio

For the Oil & Gas E&P subindustry, Tamarack Valley Energy'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.

Tamarack Valley Energy's Dividend Payout Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Tamarack Valley Energy's Dividend Payout Ratio falls into.

Tamarack Valley Energy Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Tamarack Valley Energy'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 )
	=	0.112	/	0.224
	=	0.50

Tamarack Valley 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 )
	=	0.028	/	0.049
	=	0.57

Tamarack Valley Energy (OTCPK:TNEYF) Dividend Payout Ratio Explanation

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.

Tamarack Valley Energy Dividend Payout Ratio Related Terms

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Tamarack Valley Energy (Tamarack Valley Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tamarack Valley Energy Ltd (OTCPK:TNEYF) » Definitions » Dividend Payout Ratio

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Traded in Other Exchanges

9TA1:Germany TVE:Canada

Address

308 4th Avenue SW, Suite 3300, Calgary, AB, CAN, T2P 0H7

Website

https://www.tamarackvalley.ca

Tamarack Valley Energy Ltd is engaged in the exploration, development, and production of oil and natural gas. Its target is drilling and acquisition of repeatable and predictable long-life resource plays in the Western Canadian Sedimentary Basin. Its oil & gas properties include Cardium Oil, Viking Oil, and Penny Barons Oil.

Tamarack Valley Energy (Tamarack Valley Energy) Headlines

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