Tourmaline Oil Corp.
Dividend Yield & History

Last updated:

Its most recent quarterly dividend was paid to shareholders on 1 Feb 2022. In trailing 12 Months, 84.05% of the company’s earnings is paid out as dividends.

TOU.TO Most Recent Dividend 1 Feb 2022
TOU.TO Dividend Yield TTM 5.19%
TOU.TO Payout Ratio TTM 84.05% (Trailing 12 Months of Earnings)
Tourmaline Oil Corp. (TSX:TOU.TO): Payout ratio
Payout ratio 84.05%

Tourmaline Oil Corp. stock dividend per share (2018 – 2022)

Tourmaline Oil Corp. (TSX:TOU.TO): Dividend per share
2018 $0.37
2019 $0.46
2020 $0.5
2021 $1.42
2022 $1.25

Tourmaline Oil Corp. stock dividend yield (2018 – 2022)

Tourmaline Oil Corp. (TSX:TOU.TO): Dividend Yield
2018 2.18%
2019 3.02%
2020 3.46%
2021 3.68%
2022 11.57%

Tourmaline Oil Corp. stock dividend history by quarter (2018 – 2022)

Date Dividend Dividend adjustment Declaration date Record date Payment date
24 Jan 2022 $1.25000 $1.25000 17 Jan 2022 25 Jan 2022 1 Feb 2022
14 Dec 2021 $0.18000 $0.18000 2 Dec 2021 15 Dec 2021 31 Dec 2021
29 Sep 2021 $0.75000 $0.75000 23 Sep 2021 1 Oct 2021 7 Oct 2021
14 Sep 2021 $0.17000 $0.17000 3 Sep 2021 15 Sep 2021 29 Sep 2021
14 Jun 2021 $0.16000 $0.16000 2 Jun 2021 15 Jun 2021 30 Jun 2021
17 Mar 2021 $0.16000 $0.16000 10 Mar 2021 18 Mar 2021 31 Mar 2021
14 Dec 2020 $0.14000 $0.14000
14 Sep 2020 $0.12000 $0.12000
12 Jun 2020 $0.12000 $0.12000 3 Jun 2020 15 Jun 2020 30 Jun 2020
13 Mar 2020 $0.12000 $0.12000 3 Mar 2020 16 Mar 2020 31 Mar 2020
13 Dec 2019 $0.12000 $0.12000 5 Dec 2019 16 Dec 2019 31 Dec 2019
13 Sep 2019 $0.12000 $0.12000 26 Aug 2019 16 Sep 2019 30 Sep 2019
13 Jun 2019 $0.12000 $0.12000 8 May 2019 14 Jun 2019 28 Jun 2019
14 Mar 2019 $0.10000 $0.10000 5 Mar 2019 15 Mar 2019 29 Mar 2019
13 Dec 2018 $0.10000 $0.10000 13 Nov 2018 14 Dec 2018 28 Dec 2018
13 Sep 2018 $0.10000 $0.10000 5 Sep 2018 14 Sep 2018 28 Sep 2018
14 Jun 2018 $0.09000 $0.09000 7 Jun 2018 15 Jun 2018 29 Jun 2018
13 Mar 2018 $0.08000 $0.08000 6 Mar 2018 14 Mar 2018 29 Mar 2018

Tourmaline Oil Corp. Dividend FAQs

Does Tourmaline Oil Corp. pay dividends?

Yes, Tourmaline Oil Corp. pays dividends to its shareholders. The current dividend yield for the trailing 12 months is at 5.19%.

When does Tourmaline Oil Corp. pay dividends?

The last payment date was on 1 Feb 2022.

How much does Tourmaline Oil Corp. pay in dividends?

The most recent quarterly dividend was $1.25. The total yearly dividend (TTM) amounted to $0, per share.

What is dividend?

Dividend is money paid to shareholders of a company as a reward for their investment in the company's equity. Most often, they are paid out in form of cash or additional stocks.

How do dividends work?

Dividends are paid per share, meaning for every share held a shareholder gets a declared percentage of the company’s net earnings. Dividend payouts are usually on an annual or quarterly basis.

What is a dividend payout ratio?

The percentage of a company's total earnings that is paid to its shareholders.

How to calculate the dividend payout ratio?

The dividend ratio can be calculated by dividing the annual amount paid out in dividends by net earnings of the company.

What is the dividend yield?

The dividend yield determines the rate of return to shareholders of a company via dividends.

How to calculate the dividend yield?

The dividend yield can be calculated by dividing the annual dividends per share by the price per share.

What is the declaration date of dividend?

The declaration date is the day when a company announces its nearest dividend payment date.

What is the ex-dividend date of dividend?

If you buy shares of a company before its ex-dividend date, you are sure to be paid the nearest scheduled dividend on the payment date. Conversely, all shareholders who sold their shares prior to this date will not receive the next scheduled dividend.

What is the record date of dividend?

If an investor is listed as a shareholder of a company on this day, they are eligible to receive the nearest scheduled dividend. The record date is one business day after the ex-dividend date.

What is the payment date of dividend?

The payment date is a day when the dividends are paid out to all shareholders eligible to receive the latest dividend.