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PrairieSky Royalty (PrairieSky Royalty) Dividend Yield % : 3.63% (As of Apr. 24, 2024)


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What is PrairieSky Royalty Dividend Yield %?

As of today (2024-04-24), the Trailing Annual Dividend Yield of PrairieSky Royalty is 3.63%.

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

PREKF' s Dividend Yield % Range Over the Past 10 Years
Min: 1.56   Med: 3.26   Max: 11.42
Current: 3.63

During the past 11 years, the highest Dividend Yield of PrairieSky Royalty was 11.42%. The lowest was 1.56%. And the median was 3.26%.

PREKF's Dividend Yield % is ranked worse than
58.62% of 493 companies
in the Oil & Gas industry
Industry Median: 4.05 vs PREKF: 3.63

PrairieSky Royalty's Dividend Payout Ratio for the three months ended in Mar. 2024 was 1.25.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of PrairieSky Royalty Ltd is 1.07, which seems too high.

During the past 11 years, the highest Dividend Payout Ratio of PrairieSky Royalty was 9.08. The lowest was 0.45. And the median was 1.63.

As of today (2024-04-24), the Forward Dividend Yield % of PrairieSky Royalty is 3.70%.

PrairieSky Royalty's Dividends per Share for the three months ended in Mar. 2024 was $0.19.

During the past 12 months, PrairieSky Royalty's average Dividends Per Share Growth Rate was 34.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 36.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.30% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of PrairieSky Royalty was 36.80% per year. The lowest was -26.30% per year. And the median was -12.10% per year.

The growth rate is calculated with least square regression.

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


PrairieSky Royalty Dividend Yield % Historical Data

The historical data trend for PrairieSky Royalty'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.

PrairieSky Royalty Dividend Yield % Chart

PrairieSky Royalty 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 4.95 3.50 2.30 2.83 4.07

PrairieSky Royalty 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 3.37 3.59 3.91 4.07 3.64

Competitive Comparison of PrairieSky Royalty's Dividend Yield %

For the Oil & Gas E&P subindustry, PrairieSky Royalty'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.


PrairieSky Royalty's Dividend Yield % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where PrairieSky Royalty's Dividend Yield % falls into.



PrairieSky Royalty Dividend Yield % Calculation

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

PrairieSky Royalty Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.2502024-03-272024-03-282024-04-15Cash DividendquarterlyCAD:USD 0.738242
CAD 0.2402023-12-282023-12-292024-01-15Cash DividendquarterlyCAD:USD 0.754720
CAD 0.2402023-09-282023-09-292023-10-16Cash DividendquarterlyCAD:USD 0.735808
CAD 0.2402023-06-292023-06-302023-07-17Cash DividendquarterlyCAD:USD 0.755744

* 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.

PrairieSky Royalty's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.72366578/19.75
=3.66 %

Current Share Price is $19.75.
PrairieSky Royalty's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.72366578.

PrairieSky Royalty's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.738242/19.75
=3.74 %

Current Share Price is $19.75.
PrairieSky Royalty's Dividends per Share for the forward twelve months is calculated as $0.1845605 * 4 = $0.738242.

* 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.


PrairieSky Royalty  (OTCPK:PREKF) 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.


PrairieSky Royalty Dividend Yield % Related Terms

Thank you for viewing the detailed overview of PrairieSky Royalty's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


PrairieSky Royalty (PrairieSky Royalty) Business Description

Traded in Other Exchanges
Address
350 - 7th Avenue S.W., Suite 1700, Calgary, AB, CAN, T2P 3N9
PrairieSky Royalty Ltd is the owner of subsurface mineral rights on a variety of royalty properties in western Canada. The company encourages third parties to develop these properties, while also seeking additional petroleum and natural gas royalty assets. Once PrairieSky has given a third party the right to explore, develop, or produce on its properties, the company collects royalty revenue from the development of petroleum and natural gas. Property arrangements can be contracted as lease issuances, farmouts, drilling commitments, or seismic option agreements.

PrairieSky Royalty (PrairieSky Royalty) Headlines

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