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Tamarack Valley Energy (Tamarack Valley Energy) Dividend Yield %

: 4.04% (As of Today)
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As of today (2024-04-23), the Trailing Annual Dividend Yield of Tamarack Valley Energy is 4.04%.

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

TNEYF' s Dividend Yield % Range Over the Past 10 Years
Min: 0.4   Med: 3.26   Max: 5.12
Current: 4.04

During the past 13 years, the highest Dividend Yield of Tamarack Valley Energy was 5.12%. The lowest was 0.40%. And the median was 3.26%.

TNEYF's Dividend Yield % is ranked worse than
51.12% of 493 companies
in the Oil & Gas industry
Industry Median: 4.05 vs TNEYF: 4.04

Tamarack Valley Energy's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.57.

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.

As of today (2024-04-23), the Forward Dividend Yield % of Tamarack Valley Energy is 3.96%.

Tamarack Valley Energy's Dividends per Share for the three 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 Yield % Historical Data

The historical data trend for Tamarack Valley Energy'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.

Tamarack Valley Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 2.80 4.79

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 Yield % 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 Premium Member Only Premium Member Only Premium Member Only 2.80 3.31 4.32 3.80 4.79

Competitive Comparison

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


Tamarack Valley Energy Dividend Yield % Distribution

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

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



Tamarack Valley Energy Dividend Yield % Calculation

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

Tamarack Valley Energy Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0132024-03-272024-03-292024-04-15Cash DividendmonthlyCAD:USD 0.738242
CAD 0.0132024-02-282024-02-292024-03-15Cash DividendmonthlyCAD:USD 0.737028
CAD 0.0132024-01-302024-01-312024-02-15Cash DividendmonthlyCAD:USD 0.747161
CAD 0.0132023-12-282023-12-292024-01-15Cash DividendmonthlyCAD:USD 0.754720
CAD 0.0132023-11-292023-11-302023-12-15Cash DividendmonthlyCAD:USD 0.735998
CAD 0.0132023-10-302023-10-312023-11-15Cash DividendmonthlyCAD:USD 0.720565
CAD 0.0132023-09-282023-09-292023-10-13Cash DividendmonthlyCAD:USD 0.735808
CAD 0.0132023-08-302023-08-312023-09-15Cash DividendmonthlyCAD:USD 0.738607
CAD 0.0132023-07-282023-07-312023-08-15Cash DividendmonthlyCAD:USD 0.759878
CAD 0.0132023-06-292023-06-302023-07-14Cash DividendmonthlyCAD:USD 0.755744
CAD 0.0132023-05-302023-05-312023-06-15Cash DividendmonthlyCAD:USD 0.735943
CAD 0.0132023-04-272023-04-282023-05-15Cash DividendmonthlyCAD:USD 0.738509

* 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.

Tamarack Valley Energy's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.115676639/2.76
=4.19 %

Current Share Price is $2.76.
Tamarack Valley Energy's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.115676639.

Tamarack Valley Energy's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.115165752/2.76
=4.17 %

Current Share Price is $2.76.
Tamarack Valley Energy's Dividends per Share for the forward twelve months is calculated as $0.009597146 * 12 = $0.115165752.

* 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.


Tamarack Valley Energy  (OTCPK:TNEYF) 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.


Tamarack Valley Energy Dividend Yield % Related Terms

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Tamarack Valley Energy (Tamarack Valley Energy) Business Description

Traded in Other Exchanges
Address
308 4th Avenue SW, Suite 3300, Calgary, AB, CAN, T2P 0H7
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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