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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 dateDividend amountDividend typePay date
2024-12-16$0.11monthly2024-12-31
2024-11-15$0.11monthly2024-11-29
2024-10-15$0.11monthly2024-10-31
2024-09-16$0.11monthly2024-09-27
2024-08-15$0.11monthly2024-08-30
2024-07-15$0.11monthly2024-07-31
2024-06-17$0.11monthly2024-06-28
2024-05-14$0.11monthly2024-05-31
2024-04-12$0.09monthly2024-04-30
2024-03-14$0.09monthly2024-03-28
2024-02-14$0.09monthly2024-02-29
2024-01-12$0.09monthly2024-01-31
2023-12-14$0.09monthly2023-12-29
2023-11-14$0.09monthly2023-11-30
2023-10-13$0.09monthly2023-10-31
2023-09-14$0.09monthly2023-09-29
2023-08-14$0.09monthly2023-08-31
2023-07-14$0.09monthly2023-07-31
2023-06-14$0.09monthly2023-06-30
2023-05-12$0.09monthly2023-05-31
2023-04-13$0.09monthly2023-04-28
2023-03-14$0.09monthly2023-03-31
2023-02-14$0.09monthly2023-02-28
2023-01-17$0.75monthly2023-01-25
2023-01-13$0.09monthly2023-01-31
2022-12-14$0.09monthly2022-12-30
2022-11-14$0.09monthly2022-11-30
2022-10-14$0.07monthly2022-10-31
2022-09-14$0.08monthly2022-09-29
2022-08-12$0.08monthly2022-08-31
2022-07-14$0.08monthly2022-07-29
2022-06-14$0.08monthly2022-06-30
2022-05-13$0.08monthly2022-05-31
2022-04-13$0.06monthly2022-04-29
2022-03-14$0.06monthly2022-03-31
2022-02-14$0.05monthly2022-02-28
2022-01-14$0.05monthly2022-01-31
2021-12-14$0.05monthly2021-12-31
2021-11-12$0.05monthly2021-11-30
2021-10-14$0.02monthly2021-10-29
2021-09-14$0.02monthly2021-09-30
2021-08-13$0.02monthly2021-08-31
2021-07-14$0.02monthly2021-07-30

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

P/E ratio12.60
PEG ratio0.28
P/B ratio1.26
ROE10.06%
Payout ratio64.76%
Current ratio0.62
Quick ratio0.62
Cash Ratio0.01

Paramount Resources Dividend FAQ

How much is the next Paramount Resources dividend?
Paramount Resources's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Paramount Resources dividend. The next Paramount Resources dividend will be released in January, January, February, March, April, May, June, July, August, September, October, November, or December.
When is Paramount Resources dividend paid?
Paramount Resources pays dividends on a monthly basis. The specific dates may vary each year but are generally around January, January, February, March, April, May, June, July, August, September, October, November, 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 Paramount Resources pay?
The specific amount of Paramount Resources 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 Paramount Resources's dividend history.
Does Paramount Resources stock pay dividends?
Yes, Paramount Resources 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 Paramount Resources's dividend history.
How much dividend does Paramount Resources pay?
Paramount Resources paid $1.239 in 2024, $1.861 in 2023, $0.866 in 2022, $0.158 in 2021, and $0.0 in 2020.
How often does Paramount Resources pay dividends?
Paramount Resources typically pays dividends on a monthly basis. This means that dividends are usually distributed 12 times a year. The specific payout dates may vary each year but generally fall around January, January, February, March, April, May, June, July, August, September, October, November, and December.
What is Paramount Resources's dividend yield?
The current dividend yield for Paramount Resources is 5.68%. 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 Paramount Resources's exact dividend yield.
When does Paramount Resources go ex dividend?
Paramount Resources's ex-dividend date for the latest dividend was on 2024-12-16. Paramount Resources 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 Paramount Resources dividend paid?
Paramount Resources pays dividends on a monthly basis, typically around January, January, February, March, April, May, June, July, August, September, October, November, or December, but the exact dates can vary each year.
Will Paramount Resources 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 Paramount Resources 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 Paramount Resources dividend per share?
Paramount Resources paid $1.239 per share in 2024 and $1.861 per share in 2023. The amount of dividend per share that Paramount Resources 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 Paramount Resources 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 Paramount Resources 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 Paramount Resources a dividend stock?
Yes, Paramount Resources is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Paramount Resources a good dividend stock?
Whether Paramount Resources is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Paramount Resources has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does Paramount Resources pay dividends monthly?
Paramount Resources typically pays dividends on a monthly basis.
Does Paramount Resources pay dividends quarterly?
Paramount Resources currently pays dividends on a monthly basis.
Has Paramount Resources ever paid a dividend?
Yes, Paramount Resources has a history of paying dividends to its shareholders. Paramount Resources is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Paramount Resources dividend stocks?
To buy Paramount Resources 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 Paramount Resources 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 Paramount Resources pay dividends 2024?
Paramount Resources pays dividends on a monthly basis. 2024 dividend payments are in 2024-12-31. 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 Paramount Resources increase its dividend in 2024?
Decisions regarding Paramount Resources 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 Paramount Resources dividend overview you can look into the above table of dividend history.
How Paramount Resources dividend works?
The Paramount Resources 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 Paramount Resources's dividend process works:

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.
How are Paramount Resources dividends paid?
Paramount Resources dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does Paramount Resources pay dividends?
Paramount Resources typically pays dividends on a monthly 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 Paramount Resources pay dividends?
The general pattern is that Paramount Resources pays dividends around January, January, February, March, April, May, June, July, August, September, October, November, 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 Paramount Resources dividend safe?
The safety of Paramount Resources'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 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.