HWX Dividend History & Analysis | 3.9% Yield

HWX has a dividend yield of 3.9% and paid 0.46 CAD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.94%
Payout Ratio 73.0%
Growth Rate CAGR 5y 5.1%
Consistency Lifetime 99%
Yield on Cost 5y 11.6%
Payout FCF 102.4%
Streak Years 4
Dividend Rating 66.6%
Chowder Number yield + growth 9.1% below 12% target for healthy growth
Yield vs Average 5y -24.9% avg 5.24% vs now 3.94%
Debt / EBITDA leverage -0.2x healthy
Income per 10k invested 394 CAD per year
Dividends Cash Amount per Share Yearly HWX annual dividends paid per share, showing the total cash Headwater Exploration distributed to shareholders each year.
Dividend Growth Year over Year HWX year-over-year dividend growth rate, showing how Headwater Exploration's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History HWX dividend yield history versus share price over the past 5 years, showing how Headwater Exploration's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) ■ Price (left)

Top Dividend Payers in Oil & Gas Exploration & Production

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
VAR OL
Var Energi ASA
15,848 M 12.27% 32.31%
KRP NYSE
Kimbell Royalty
2,104 M 11.02% 18.17%
DNO OL
Dno ASA
2,566 M 9.00% 19.09%
VTS NYSE
Vitesse Energy
726 M 10.03% 15.13%
BSM NYSE
Black Stone Minerals
3,135 M 8.83% 16.59%
CJ TO
Cardinal Energy
1,662 M 6.68% 20.83%
PEY TO
Peyto
3,651 M 5.60% 18.61%
AKRBP OL
Aker BP ASA
26,119 M 7.76% 11.35%
VNOM NASDAQ
Viper Energy Ut
16,422 M 5.78% 14.60%
FRU TO
Freehold Royalties
2,071 M 6.43% 12.56%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
MTDR NYSE
Matador Resources
6,901 M 52.30% 91.7%
NOG NYSE
Northern Oil & Gas
2,749 M 27.37% 91.7%
CRC NYSE
California Resources
4,667 M 21.73% 100.0%
TPL NYSE
Texas Pacific Land
23,000 M 17.76% 71.8%
DNO OL
Dno ASA
2,566 M 15.17% 100.0%
WKC NYSE
World Kinect
1,903 M 14.43% 100.0%
SM NYSE
SM Energy
8,905 M 15.81% 100.0%
WCP TO
Whitecap Resources
17,041 M 16.27% 90.8%
SD NYSE
SandRidge Energy
548 M 17.40% 76.9%
MUR NYSE
Murphy Oil
6,339 M 13.72% 91.7%

HWX Dividend History

Dividend Monthly Return EX date, 3.9 years of data

Jan - -
Feb - -
Mar 1.37% 100
Apr - -
May - -
Jun 1.41% 100
Jul - -
Aug - -
Sep 1.32% 100
Oct - -
Nov - -
Dec 1.51% 100

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 16 Payments (CAD) as of November 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-09-29 2026-09-30 2026-10-15 Quarterly 0.12 0% 0.9%
2026-06-30 2026-06-30 2026-07-15 Quarterly 0.12 +9.1% 1.01%
2026-03-31 2026-03-31 2026-04-15 Quarterly 0.11 0% 0.85%
2025-12-31 2025-12-31 2026-01-15 Quarterly 0.11 0% 1.17%
2025-09-29 2025-09-29 2025-10-15 Quarterly 0.11 0% 1.42%
2025-06-30 2025-06-30 2025-07-15 Quarterly 0.11 0% 1.63%
2025-03-31 2025-03-31 2025-04-15 Quarterly 0.11 +10% 1.74%
2024-12-31 2024-12-31 2025-01-15 Quarterly 0.1 0% 1.53%
2024-09-27 2024-09-27 2024-10-15 Quarterly 0.1 0% 1.59%
2024-06-28 2024-06-28 2024-07-15 Quarterly 0.1 0% 1.38%
2024-03-27 2024-03-29 2024-04-15 Quarterly 0.1 0% 1.31%
2023-12-28 2023-12-29 2024-01-15 Quarterly 0.1 0% 1.58%
2023-09-28 2023-09-29 2023-10-16 Quarterly 0.1 0% 1.37%
2023-06-29 2023-06-30 2023-07-17 Quarterly 0.1 0% 1.61%
2023-03-30 2023-03-31 2023-04-17 Quarterly 0.1 0% 1.56%
2022-12-29 2023-01-16 2023-01-16 Quarterly 0.1 0% 1.75%

HWX Dividend FAQ

What is the Dividend Yield of HWX?

As of November 2026, HWX's dividend yield is 3.94%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.46 CAD by the current share price of 12.97.

Does HWX pay a dividend?

As of November 2026, HWX paid a dividend of 0.46 CAD in the last 12 months. The last dividend was paid on 2026-09-29 and the payout was 0.12 CAD.

How often does HWX pay dividends?

HWX pays dividends quarterly. Over the last 12 months, HWX has issued 4 dividend payments. The last dividend payment was made on 2026-09-29.

HWX dividend forecast

Based on historical data, the forecasted dividends per share for HWX for the next payments are between 0.12 (+0.0%) and 0.128 (+6.7%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 3.86%.

Will HWX pay dividends in 2026?

The latest dividend paid per share was 0.12 CAD with an Ex-Dividend Date of 2026-09-29. The next Ex-Dividend date for Headwater Exploration (HWX) is currently unknown.

What is the next Ex-Dividend Date for HWX?

The next Ex-Dividend date for Headwater Exploration (HWX) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of HWX?

HWX's average dividend growth rate over the past 5 years is 5.14% per year. Strong growth: HWX's dividend growth is outpacing inflation.

What is the Yield on Cost of HWX?

HWX's 5-Year Yield on Cost is 11.6%. If you bought HWX's shares at 3.98 CAD five years ago, your current annual dividend income (0.46 CAD per share, trailing 12 months) equals 11.6% of your original purchase price.

What is the Payout Consistency of HWX?

HWX Payout Consistency is 99.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Headwater Exploration has a strong track record of consistent dividend payments over its lifetime.

Does HWX have a good Dividend Yield?

HWX's 3.94% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of HWX?

The Dividend Payout Ratio of HWX is 73.0%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of HWX?

HWX's Overall Dividend Rating is 66.57%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

HWX Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in HWX's Outstanding Shares?

Headwater Exploration's outstanding shares have increased by approximately 0.34% annually over the past 3 years (Trend Reliability: 49.9%). Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has HWX ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2000 29,577,700 0%
2001 31,575,000 +6.75%
2002 37,321,000 +18.2%
2003 38,340,000 +2.73%
2004 41,263,000 +7.62%
2005 66,000,000 +59.95%
2006 67,173,000 +1.78%
2007 83,006,000 +23.57%
2008 87,698,000 +5.65%
2009 88,104,000 +0.46%
2010 88,787,000 +0.78%
2011 88,464,000 -0.36%
2012 88,464,000 0%
2013 89,688,000 +1.38%
2014 88,852,000 -0.93%
2015 88,712,000 -0.16%
2016 88,752,000 +0.05%
2017 89,107,000 +0.4%
2018 89,213,000 +0.12%
2019 88,542,000 -0.75%
2020 195,322,000 +120.6%
2021 220,946,000 +13.12%
2022 235,305,000 +6.5%
2023 238,872,000 +1.52%
2024 237,569,000 -0.55%
2025 240,647,000 +1.3%
2026 239,366,000 -0.53%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-10-29 02:38 UTC