Topaz EnergyTSX:TPZ +0.47%88 Dividend Yield % is 4.58% as of Jun. 26, 2026, which is 7% below its 10-year median of 4.93. GuruFocus rates TSX:TPZ with a GF Score™ of 88/100 and a GF Value™ of C$27.57 (Fairly Valued). The stock has 6 warning signs investors should review. Among 500 Oil & Gas companies, Topaz Energy ranks better than 57.8% on this metric.
As of today (2026-06-26), the Trailing Annual Dividend Yield of Topaz Energy is 4.58%.
Warning Sign:
Topaz Energy Corp stock Dividend Yield % is close to 3-year low.
The historical rank and industry rank for Topaz Energy's Dividend Yield % or its related term are showing as below:
TSX:TPZ'
s Dividend Yield % Range Over the Past 10 Years
Min: 1.18 Med: 4.93 Max: 6.58
Current: 4.58
During the past 7 years, the highest Dividend Yield of Topaz Energy was 6.58%. The lowest was 1.18%. And the median was 4.93%.
TSX:TPZ's Dividend Yield % is ranked better than 57.8% of 500
companies
in the Oil & Gas industry
Industry Median: 3.85
vs TSX:TPZ: 4.58
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 1.61, which seems too high.
During the past 7 years, the highest Dividend Payout Ratio of Topaz Energy was 4.57. The lowest was 1.57. And the median was 1.86.
During the past 12 months, Topaz Energy's average Dividends Per Share Growth Rate was 3.80% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 7.10% per year.
During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Topaz Energy was 15.20% per year. The lowest was 7.10% per year. And the median was 11.15% 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 (TSX:TPZ) 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.
The historical data trend for Topaz 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.
TSX:TPZ vs WMB, EPD, KMI: Dividend Yield % Comparison
For the Oil & Gas Midstream subindustry, Topaz 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.
Topaz Energy Dividend Yield % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Topaz Energy's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Topaz Energy's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Topaz Energy Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CAD 0.350000
2026-06-15
2026-06-15
2026-06-30
Cash Dividend
quarterly
CAD:CAD 1.000000
CAD 0.340000
2026-03-13
2026-03-13
2026-03-31
Cash Dividend
quarterly
CAD:CAD 1.000000
CAD 0.340000
2025-12-15
2025-12-15
2025-12-31
Cash Dividend
quarterly
CAD:CAD 1.000000
CAD 0.340000
2025-09-15
2025-09-15
2025-09-30
Cash Dividend
quarterly
CAD:CAD 1.000000
* 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.
Topaz Energy's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
1.37
/
29.93
=
4.58 %
Current Share Price is C$29.93. Topaz Energy's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$1.37.
Topaz Energy's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
1.4
/
29.93
=
4.68 %
Current Share Price is C$29.93. Topaz Energy's Dividends per Share for the forward twelve months is calculated as C$0.35 * 4 = C$1.4.
* 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.
Topaz Energy (TSX:TPZ) has a Dividend Yield % of 4.58% as of Jun. 26, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Topaz Energy and its competitors. This is near median its historical median of 4.93. Over the past decade, Topaz Energy's Dividend Yield % has ranged from 1.18 to 6.58. According to the industry distribution chart, Topaz Energy ranks #211 out of 500 companies in the Oil & Gas industry, placing it in the top 42.2%.
Is Topaz Energy's Dividend Yield % too high?
Topaz Energy's current Dividend Yield % of 4.58% is near median its 10-year median of 4.93. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 6.58. The Oil & Gas industry median Dividend Yield % is 3.85. Topaz Energy's value of 4.58% is 19% above this industry median. Based on the distribution chart, Topaz Energy ranks #211 out of 500 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Topaz Energy has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Topaz Energy's Dividend Yield % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Topaz Energy ranks #211 out of 500 companies for Dividend Yield %. This puts Topaz Energy in the upper half of its industry. The industry median Dividend Yield % is 3.85. Topaz Energy's value of 4.58% is 19% above this benchmark. Historically, Topaz Energy's own Dividend Yield % has ranged from 1.18 to 6.58 over the past decade. While the company's 10-year median is 4.93 vs. the industry median of 3.85, Topaz Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for an Oil & Gas company?
The median Dividend Yield % among Oil & Gas companies is 3.85, based on 500 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Topaz Energy's current Dividend Yield % of 4.58% is 19% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Topaz Energy and its competitors. For the Oil & Gas industry, the median Dividend Yield % is 3.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topaz Energy's current Dividend Yield % is 4.58%, which is near median its own 10-year median of 4.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topaz Energy stock overvalued right now?
Based on GuruFocus' analysis, Topaz Energy (TSX:TPZ) is currently considered Fairly Valued. The stock's GF Value™ is C$27.57, compared to a current price of C$29.93 — trading 8.6% above its estimated fair value. The current Dividend Yield % is 4.58%, which is near median its 10-year median of 4.93 and 19% above the Oil & Gas industry median of 3.85. Topaz Energy's overall GF Score™ is 88/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Topaz Energy (TSX:TPZ), the current Dividend Yield % is 4.58% as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Topaz Energy (TSX:TPZ) Overvalued in 2026?
Based on GuruFocus' analysis, Topaz Energy stock appears to be overvalued.
The current stock price of C$29.93 is trading 8.6% above its estimated GF Value™ of C$27.57.
GuruFocus considers Topaz Energy to be Fairly Valued.
Key valuation signals for TSX:TPZ:
Dividend Yield %: 4.58% (near median its 10-year median of 4.93)
GF Value™: C$27.57 vs. price of C$29.93 (8.6% above fair value)
Industry Position: 19% above the Oil & Gas median (#211 of 500)
No single metric tells the full story. See the TSX:TPZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Topaz Energy Corp is a royalty and energy infrastructure company focused on generating low-risk income and paying dividends to its shareholders. The company 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.
88GF Score
Get the complete analysis for TSX:TPZ
Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSX:TPZ has been successfully added to your 
