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Canacol Energy Ltd., an oil and gas company, engages in the exploration, development, and production of natural gas in Colombia. As of December 31, 2021, it had a total proved developed producing reserves of 236 billion cubic feet (Bcf) conventional natural gas; a total proved plus probable reserves of 607 Bcf conventional natural gas; and a total proved reserves of 368 Bcf conventional natural gas. The company was incorporated in 1970 and is headquartered in Calgary, Canada.

Canacol Energy Dividend Announcement

Canacol Energy announced a quarterly dividend of $0.20 per ordinary share which will be made payable on 2024-01-15. Ex dividend date: 2023-12-28
Canacol Energy annual dividend for 2023 was $0.78
Canacol Energy's trailing twelve-month (TTM) dividend yield is 7.59%
Canacol Energy's payout ratio for the trailing twelve months (TTM) is 171.14%

Canacol Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-12-28$0.20quarterly2024-01-15
2023-09-28$0.19quarterly2023-10-16
2023-06-29$0.20quarterly2023-07-17
2023-03-30$0.19quarterly2023-04-17
2022-12-28$0.96quarterly2023-01-16
2022-09-28$0.96quarterly2022-10-17
2022-06-29$1.01quarterly2022-07-15
2022-03-30$1.04quarterly2022-04-19
2021-12-29$1.02quarterly2022-01-17
2021-09-28$1.02quarterly2021-10-15
2021-06-29$1.05quarterly2021-07-15
2021-03-30$1.02quarterly2021-04-15
2020-12-30$1.02quarterly2021-01-15
2020-09-29$0.97quarterly2020-10-15
2020-06-29$0.95quarterly2020-07-15
2020-03-30$0.93quarterly2020-04-15
2019-12-13$0.97quarterly2019-12-30

Canacol Energy Dividend per year

Canacol Energy Dividend growth

Canacol Energy Dividend Yield

Canacol Energy current trailing twelve-month (TTM) dividend yield is 7.59%. Interested in purchasing Canacol Energy stock? Use our calculator to estimate your expected dividend yield:

Canacol Energy Financial Ratios

P/E ratio7.53
PEG ratio0.99
P/B ratio0.26
ROE3.43%
Payout ratio171.14%
Current ratio0.97
Quick ratio0.97
Cash Ratio0.31

Canacol Energy Dividend FAQ

How much is the next Canacol Energy dividend?
Canacol Energy's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Canacol Energy dividend. The next Canacol Energy dividend will be released in March, June, September, or December.
When is Canacol Energy dividend paid?
Canacol Energy pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Canacol Energy pay?
The specific amount of Canacol Energy dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Canacol Energy's dividend history.
Does Canacol Energy stock pay dividends?
Yes, Canacol Energy does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Canacol Energy's dividend history.
How much dividend does Canacol Energy pay?
Canacol Energy paid $0.0 in 2024, $0.777 in 2023, $3.96 in 2022, $4.124 in 2021, and $3.874 in 2020.
How often does Canacol Energy pay dividends?
Canacol Energy typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Canacol Energy's dividend yield?
The current dividend yield for Canacol Energy is 7.59%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Canacol Energy's exact dividend yield.
When does Canacol Energy go ex dividend?
Canacol Energy's ex-dividend date for the latest dividend was on 2023-12-28. Canacol Energy typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Canacol Energy dividend paid?
Canacol Energy pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Canacol Energy increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Canacol Energy will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Canacol Energy dividend per share?
Canacol Energy paid $0.0 per share in 2024 and $0.777 per share in 2023. The amount of dividend per share that Canacol Energy pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Canacol Energy a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Canacol Energy a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Canacol Energy a dividend stock?
Yes, Canacol Energy is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Canacol Energy a good dividend stock?
Whether Canacol Energy is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Canacol Energy has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Canacol Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Canacol Energy pay dividends monthly?
Canacol Energy typically pays dividends on a quarterly basis.
Does Canacol Energy pay dividends quarterly?
Canacol Energy currently pays dividends on a quarterly basis.
Has Canacol Energy ever paid a dividend?
Yes, Canacol Energy has a history of paying dividends to its shareholders. Canacol Energy is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Canacol Energy dividend stocks?
To buy Canacol Energy you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Canacol Energy stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Canacol Energy pay dividends 2024?
Canacol Energy pays dividends on a quarterly basis. 2024 dividend payments are in 2024-01-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Canacol Energy increase its dividend in 2024?
Decisions regarding Canacol Energy dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Canacol Energy dividend overview you can look into the above table of dividend history.
How Canacol Energy dividend works?
The Canacol Energy dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Canacol Energy's dividend process works:

1. Determination of Dividend: Canacol Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Canacol Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Canacol Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Canacol Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Canacol Energy dividends paid?
Canacol Energy dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Canacol Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Canacol Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Canacol Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Canacol Energy pay dividends?
Canacol Energy typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Canacol Energy pay dividends?
The general pattern is that Canacol Energy pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Canacol Energy dividend safe?
The safety of Canacol Energy's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Canacol Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Canacol Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.