Paramount Resources Ltd., an independent energy company, explores for, develops, produces, and markets natural gas, crude oil, and natural gas liquids in Canada. The company's principal properties are the Montney and Duvernay developments located in Alberta and British Columbia. It also invests in public and private corporations. Paramount Resources Ltd. was founded in 1976 and is based in Calgary, Canada.
Paramount Resources Dividend Announcement
• Paramount Resources announced a monthly dividend of $0.11 per ordinary share which will be made payable on 2024-12-31. Ex dividend date: 2024-12-16
• Paramount Resources annual dividend for 2024 was $1.24
• Paramount Resources annual dividend for 2023 was $1.86
• Paramount Resources's trailing twelve-month (TTM) dividend yield is 5.68%
• Paramount Resources's payout ratio for the trailing twelve months (TTM) is 64.76%
Paramount Resources Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-16 | $0.11 | monthly | 2024-12-31 |
2024-11-15 | $0.11 | monthly | 2024-11-29 |
2024-10-15 | $0.11 | monthly | 2024-10-31 |
2024-09-16 | $0.11 | monthly | 2024-09-27 |
2024-08-15 | $0.11 | monthly | 2024-08-30 |
2024-07-15 | $0.11 | monthly | 2024-07-31 |
2024-06-17 | $0.11 | monthly | 2024-06-28 |
2024-05-14 | $0.11 | monthly | 2024-05-31 |
2024-04-12 | $0.09 | monthly | 2024-04-30 |
2024-03-14 | $0.09 | monthly | 2024-03-28 |
2024-02-14 | $0.09 | monthly | 2024-02-29 |
2024-01-12 | $0.09 | monthly | 2024-01-31 |
2023-12-14 | $0.09 | monthly | 2023-12-29 |
2023-11-14 | $0.09 | monthly | 2023-11-30 |
2023-10-13 | $0.09 | monthly | 2023-10-31 |
2023-09-14 | $0.09 | monthly | 2023-09-29 |
2023-08-14 | $0.09 | monthly | 2023-08-31 |
2023-07-14 | $0.09 | monthly | 2023-07-31 |
2023-06-14 | $0.09 | monthly | 2023-06-30 |
2023-05-12 | $0.09 | monthly | 2023-05-31 |
2023-04-13 | $0.09 | monthly | 2023-04-28 |
2023-03-14 | $0.09 | monthly | 2023-03-31 |
2023-02-14 | $0.09 | monthly | 2023-02-28 |
2023-01-17 | $0.75 | monthly | 2023-01-25 |
2023-01-13 | $0.09 | monthly | 2023-01-31 |
2022-12-14 | $0.09 | monthly | 2022-12-30 |
2022-11-14 | $0.09 | monthly | 2022-11-30 |
2022-10-14 | $0.07 | monthly | 2022-10-31 |
2022-09-14 | $0.08 | monthly | 2022-09-29 |
2022-08-12 | $0.08 | monthly | 2022-08-31 |
2022-07-14 | $0.08 | monthly | 2022-07-29 |
2022-06-14 | $0.08 | monthly | 2022-06-30 |
2022-05-13 | $0.08 | monthly | 2022-05-31 |
2022-04-13 | $0.06 | monthly | 2022-04-29 |
2022-03-14 | $0.06 | monthly | 2022-03-31 |
2022-02-14 | $0.05 | monthly | 2022-02-28 |
2022-01-14 | $0.05 | monthly | 2022-01-31 |
2021-12-14 | $0.05 | monthly | 2021-12-31 |
2021-11-12 | $0.05 | monthly | 2021-11-30 |
2021-10-14 | $0.02 | monthly | 2021-10-29 |
2021-09-14 | $0.02 | monthly | 2021-09-30 |
2021-08-13 | $0.02 | monthly | 2021-08-31 |
2021-07-14 | $0.02 | monthly | 2021-07-30 |
Paramount Resources Dividend per year
Paramount Resources Dividend growth
Paramount Resources Dividend Yield
Paramount Resources current trailing twelve-month (TTM) dividend yield is 5.68%. Interested in purchasing Paramount Resources stock? Use our calculator to estimate your expected dividend yield:
Paramount Resources Financial Ratios
Paramount Resources Dividend FAQ
Other factors to consider when evaluating Paramount Resources 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.
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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.
1. Determination of Dividend: Paramount Resources'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, Paramount Resources 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, Paramount Resources 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 Paramount Resources 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.
1. Record Date: Paramount Resources 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, Paramount Resources distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Paramount Resources 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.
To assess the safety of Paramount Resources'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 Paramount Resources'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.