TOU (TO) - Dividend History and Outstanding Shares

Dividend Rating: 9.18 ✓ Yield 7.67%, Avg. Growth per Year 48.08%, 97.1% Consistency of Payouts and many other metrics.

Dividends Paid Yearly

Number of Payouts Yearly

Outstanding Shares

What is the Trend of TOU`s Outstanding Shares?

The Outstanding Shares of Tourmaline Oil are growing at a rate of 5.27% per year on average over the last 10 years. The Correlation Coefficent of the Outstanding Shares is 91.11%. This correlation quantifies the strength and direction of the relationship between stock splits, issuing new shares, and share buybacks.

Did Tourmaline Oil ever had a Stock Split?

No splits found.
Year Number of Shares (Mill.) Growth
2023 343.51 +0.02%
2022 343.46 +1.36%
2021 338.84 +13.56%
2020 298.39 +10.13%
2019 270.94 -0.41%
2018 272.04 +0.35%
2017 271.08 +0.63%
2016 269.39 +21.68%
2015 221.4 +7.72%
2014 205.53 +3.84%
2013 197.93 +8.89%
2012 181.77 +11.32%
2011 163.3 +14.95%
2010 142.06

Dividend Yields & Ratings

Overall Dividend Rating 9.18
Dividends Paid 12m 4.55 Yield 12m 7.67%
Dividends Paid Average 5y 4.53 Yield Average 5y 7.64%
Growth Rate 5y 48.08% Yield on Cost 5y 30.37%
Payout Consistency 97.1% First Payout 2018-03-13
Compare TOU Dividends with its Industry Peers

Last 25 Dividends (Paid in CAD)

Date Period Dividend Rate Growth
2023-12-14 0.28 -72%
2023-10-23 1 284.6%
2023-09-14 0.26 -74%
2023-08-11 1 284.6%
2023-06-14 0.26 -82.7%
2023-05-10 1.5 500%
2023-03-14 Quarterly 0.25 -87.5%
2023-01-23 Other 2 700%
2022-12-14 Quarterly 0.25 -88.9%
2022-11-08 Other 2.25 900%
2022-09-14 Quarterly 0.225 -88.8%
2022-08-04 Other 2 788.9%
2022-06-14 Quarterly 0.225 -85%
2022-05-11 Other 1.5 650%
2022-03-14 Quarterly 0.2 -84%
2022-01-24 Other 1.25 594.4%
2021-12-14 Quarterly 0.18 -76%
2021-09-29 Other 0.75 341.2%
2021-09-14 Quarterly 0.17 6.3%
2021-06-14 Quarterly 0.16
2021-03-17 Quarterly 0.16 14.3%
2020-12-14 Quarterly 0.14 16.7%
2020-09-14 Quarterly 0.12
2020-06-12 Quarterly 0.12
2020-03-13 Quarterly 0.12
Dividends, a critical component of investing, offer insights into Tourmaline Oil financial health:

  • TOU`s 7.67% Dividend Yield is calculated by dividing the dividend payments of the last 12-Months (TTM) of 4.55 CAD by the current stock price.
  • 30.37% Yield on Cost is a metric for long-term investors, reflecting the current dividend yield of 7.67% compared to a 5-Year old purchase price. This metric helps investors assess the income growth potential of their investments over time.
  • The 97.1% Payout Consistency of TOU Dividends gauges Stability (Values above 80%) or Fragility (Values under 60%).
  • The Average Dividend Growth Rate of 48.08% per year in the last 5-Years showcases TOU`s commitment to shareholders. Steady or increasing dividends over time can be a sign of a healthy financial outlook.
As an investor, understanding the dividend-related metrics of TOU Tourmaline Oil is essential for building a balanced and income-generating portfolio.

The Overall Dividend Rating of 9.18 is quantified on a scale from 0 to +10.
Ratings surpassing 5 are regarded as favorable, while those exceeding 7.5 are exceptionally strong. The calculations includes the above mentioned: Yield, Yield on Cost, Consistency of Dividend Payment and Growth Rate/CAGR over time.