TPZEF (Topaz Energy) Dividend Payout Ratio : 6.60 (As of Sep. 2024)

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What is Topaz Energy 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. Topaz Energy's Dividend Payout Ratio for the months ended in Sep. 2024 was 6.60.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Topaz Energy Corp is 4.22, which seems too high.

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

TPZEF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 1.57 Med: 3.3 Max: 4.57
Current: 4.23

During the past 5 years, the highest Dividend Payout Ratio of Topaz Energy was 4.57. The lowest was 1.57. And the median was 3.30.

TPZEF's Dividend Payout Ratio is ranked worse than
96.84% of 443 companies
in the Oil & Gas industry
Industry Median: 0.52 vs TPZEF: 4.23

As of today (2024-12-15), the Dividend Yield % of Topaz Energy is 5.02%.

During the past 5 years, the highest Trailing Annual Dividend Yield of Topaz Energy was 6.58%. The lowest was 1.18%. And the median was 4.84%.

Topaz Energy's Dividends per Share for the months ended in Sep. 2024 was $0.24.

During the past 12 months, Topaz Energy's average Dividends Per Share Growth Rate was 5.80% 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.

Topaz Energy Dividend Payout Ratio Historical Data

The historical data trend for Topaz 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.

Topaz Energy Dividend Payout Ratio Chart

Topaz Energy Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

3.30

1.57

4.57

Topaz Energy 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															3.52	3.50	4.45	3.48	6.60

Competitive Comparison of Topaz Energy's Dividend Payout Ratio

For the Oil & Gas Midstream subindustry, Topaz 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.

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

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

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

Topaz Energy Dividend Payout Ratio Calculation

Topaz 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 )
	=	0.909	/	0.199
	=	4.57

Topaz Energy'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 )
	=	0.244	/	0.037
	=	6.59

Topaz Energy (OTCPK:TPZEF) 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.

Topaz Energy Dividend Payout Ratio Related Terms

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

Topaz Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Topaz Energy Corp (OTCPK:TPZEF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

5XU:Germany TPZ:Canada

Address

250 - 6th Avenue SW, Suite 2900, Calgary, AB, CAN, T2P 3H7

Website

https://www.topazenergy.ca

Topaz Energy Corp is a royalty and energy infrastructure company focused on generating low-risk income and paying dividends to its shareholders. It generates revenue from the Royalty Assets, which generate the company's Royalty Production Revenue; and the Infrastructure Assets, which generate the company's Processing Revenue and Other Income. The majority of the company's revenue is earned through royalties.

Topaz Energy Headlines

From GuruFocus

Topaz Energy Corp (TPZEF) Q3 2024 Earnings Call Highlights: Strategic Growth and Robust Dividends Amidst Financial Challenges

By GuruFocus News • 11-06-2024

Q3 2023 Topaz Energy Corp Earnings Call Transcript