Precision Drilling Corporation, a drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in North America and the Middle East. The company operates in two segments, Contract Drilling Services; and Completion and Production Services. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the oil and natural gas industry. This segment's services include land and turnkey drilling; and procurement and distribution of oilfield supplies, as well as manufacture and refurbishment of drilling and service rig equipment. As of December 31, 2021, it operated 227 land drilling rigs, including 109 in Canada; 105 in the United States; 6 in Kuwait; 4 in Saudi Arabia; 2 in the Kurdistan region of Iraq; and 1 in the country of Georgia. As of December 31, 2021, this segment also operated 47 AlphaTM rigs with commercial AlphaAutomation; 18 AlphaApps; 4 grid power capable rigs; and 60 natural gas or bi-fuel rigs. The Completion and Production Services segment provides service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation services; wellsite accommodations; oilfield surface equipment rentals; and camp and catering services to oil and natural gas exploration and production companies. As of December 31, 2021, it operated 123 well completion and workover service rigs, including 113 in Canada and 10 in the United States; 1,900 oilfield rental items, including surface storage, small-flow wastewater treatment, power generation, and solids control equipment; 109 wellsite accommodation units; 943 drill camp beds; 822 base camp beds; and three kitchen diners in Canada. Precision Drilling Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.
Precision Drilling Dividend Announcement
• Precision Drilling announced a quarterly dividend of $0.05 per ordinary share which will be made payable on 2015-11-18. Ex dividend date: 2015-11-04
• Precision Drilling's trailing twelve-month (TTM) dividend yield is -%
Precision Drilling Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2015-11-04 | $0.05 | quarterly | 2015-11-18 |
| 2015-08-06 | $0.05 | quarterly | 2015-08-21 |
| 2015-05-13 | $0.07 | quarterly | 2015-05-29 |
| 2015-02-25 | $0.07 | quarterly | 2015-03-12 |
| 2014-11-12 | $0.07 | quarterly | 2014-11-24 |
| 2014-08-06 | $0.06 | quarterly | 2014-08-20 |
| 2014-05-12 | $0.06 | quarterly | 2014-05-26 |
| 2014-02-25 | $0.06 | quarterly | 2014-03-14 |
| 2013-10-31 | $0.06 | quarterly | 2013-11-15 |
| 2013-08-02 | $0.05 | quarterly | 2013-08-15 |
| 2013-05-02 | $0.05 | quarterly | 2013-05-15 |
| 2013-02-26 | $0.05 | quarterly | 2013-03-15 |
| 2012-12-18 | $0.05 | quarterly | 2012-12-28 |
| 2009-01-28 | $0.04 | quarterly | 2009-02-17 |
| 2008-12-29 | $0.13 | quarterly | 2009-01-15 |
| 2008-11-25 | $0.10 | quarterly | 2008-12-16 |
| 2008-10-29 | $0.10 | quarterly | 2008-11-18 |
| 2008-09-26 | $0.13 | quarterly | 2008-10-15 |
| 2008-08-27 | $0.13 | quarterly | 2008-09-16 |
| 2008-07-29 | $0.13 | quarterly | 2008-08-15 |
| 2008-06-26 | $0.13 | quarterly | 2008-07-15 |
| 2008-05-28 | $0.13 | quarterly | 2008-06-17 |
| 2008-04-28 | $0.13 | quarterly | 2008-05-15 |
| 2008-03-27 | $0.13 | quarterly | 2008-04-15 |
| 2008-02-27 | $0.13 | quarterly | 2008-03-18 |
| 2008-01-29 | $0.13 | quarterly | 2008-02-15 |
| 2007-12-27 | $0.40 | quarterly | 2008-01-15 |
| 2007-11-28 | $0.13 | quarterly | 2007-12-18 |
| 2007-10-29 | $0.13 | quarterly | 2007-11-15 |
| 2007-09-26 | $0.13 | quarterly | 2007-10-16 |
| 2007-08-29 | $0.13 | quarterly | 2007-09-18 |
| 2007-07-27 | $0.13 | quarterly | 2007-08-15 |
| 2007-06-27 | $0.13 | quarterly | 2007-07-17 |
| 2007-05-29 | $0.13 | quarterly | 2007-06-15 |
| 2007-04-26 | $0.19 | quarterly | 2007-05-15 |
| 2007-03-28 | $0.19 | quarterly | 2007-04-17 |
| 2007-02-26 | $0.19 | quarterly | 2007-03-15 |
| 2007-01-29 | $0.19 | quarterly | 2007-02-15 |
| 2006-12-27 | $0.45 | quarterly | 2007-01-16 |
| 2006-11-28 | $0.31 | quarterly | 2006-12-15 |
| 2006-10-27 | $0.31 | quarterly | 2006-11-15 |
| 2006-09-27 | $0.31 | quarterly | 2006-10-17 |
| 2006-08-29 | $0.31 | quarterly | 2006-09-15 |
| 2006-07-27 | $0.31 | quarterly | 2006-08-15 |
| 2006-06-28 | $0.31 | quarterly | 2006-07-18 |
| 2006-05-26 | $0.31 | quarterly | 2006-06-15 |
| 2006-04-26 | $0.27 | quarterly | 2006-05-16 |
| 2006-03-29 | $0.27 | quarterly | 2006-04-18 |
| 2006-02-24 | $0.27 | quarterly | 2006-03-15 |
| 2006-01-27 | $0.27 | quarterly | 2006-02-15 |
| 2005-12-28 | $0.29 | quarterly | 2006-01-17 |
| 2005-11-28 | $0.27 | quarterly | 2005-12-15 |
| 2005-11-07 | $19.52 | quarterly |
Precision Drilling Dividend per year
Precision Drilling Dividend growth
Precision Drilling Dividend Yield
Precision Drilling current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Precision Drilling stock? Use our calculator to estimate your expected dividend yield:
Precision Drilling Financial Ratios
P/E ratio5.31
PEG ratio-0.08
P/B ratio0.78
ROE14.96%
Payout ratio0.00%
Current ratio1.54
Quick ratio1.41
Cash Ratio0.08
Precision Drilling Dividend FAQ
How much is the next Precision Drilling dividend?
Precision Drilling's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Precision Drilling dividend. The next Precision Drilling dividend will be released in February, May, August, or November.
When is Precision Drilling dividend paid?
Precision Drilling pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. 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 Precision Drilling pay?
The specific amount of Precision Drilling 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 Precision Drilling's dividend history.
Does Precision Drilling stock pay dividends?
Yes, Precision Drilling 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 Precision Drilling's dividend history.
How much dividend does Precision Drilling pay?
Precision Drilling paid $0.0 in 2024, $0.0 in 2023, $0.0 in 2022, $0.0 in 2021, and $0.0 in 2020.
How often does Precision Drilling pay dividends?
Precision Drilling 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 February, May, August, and November.
What is Precision Drilling's dividend yield?
The current dividend yield for Precision Drilling is -%. 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 Precision Drilling's exact dividend yield.
When does Precision Drilling go ex dividend?
Precision Drilling's ex-dividend date for the latest dividend was on 2015-11-04. Precision Drilling 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 Precision Drilling dividend paid?
Precision Drilling pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Precision Drilling 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 Precision Drilling 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 Precision Drilling dividend per share?
Precision Drilling paid $0.0 per share in 2024 and $0.0 per share in 2023. The amount of dividend per share that Precision Drilling 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 Precision Drilling 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 Precision Drilling 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 Precision Drilling a dividend stock?
Yes, Precision Drilling is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Precision Drilling a good dividend stock?
Whether Precision Drilling is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Precision Drilling has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Precision Drilling 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.
Other factors to consider when evaluating Precision Drilling 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 Precision Drilling pay dividends monthly?
Precision Drilling typically pays dividends on a quarterly basis.
Does Precision Drilling pay dividends quarterly?
Precision Drilling currently pays dividends on a quarterly basis.
Has Precision Drilling ever paid a dividend?
Yes, Precision Drilling has a history of paying dividends to its shareholders. Precision Drilling is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Precision Drilling dividend stocks?
To buy Precision Drilling 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 Precision Drilling 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.
Place an order: Use the brokerage's trading platform to place an order to buy Precision Drilling 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 Precision Drilling pay dividends 2024?
Precision Drilling pays dividends on a quarterly basis. 2024 dividend payments are in 2015-11-18. 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 Precision Drilling increase its dividend in 2024?
Decisions regarding Precision Drilling 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 Precision Drilling dividend overview you can look into the above table of dividend history.
How Precision Drilling dividend works?
The Precision Drilling 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 Precision Drilling's dividend process works:
1. Determination of Dividend: Precision Drilling'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, Precision Drilling 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, Precision Drilling 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 Precision Drilling 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. Determination of Dividend: Precision Drilling'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, Precision Drilling 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, Precision Drilling 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 Precision Drilling 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 Precision Drilling dividends paid?
Precision Drilling dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Precision Drilling 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, Precision Drilling distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Precision Drilling 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.
1. Record Date: Precision Drilling 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, Precision Drilling distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Precision Drilling 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 Precision Drilling pay dividends?
Precision Drilling 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 Precision Drilling pay dividends?
The general pattern is that Precision Drilling pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Precision Drilling dividend safe?
The safety of Precision Drilling'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 Precision Drilling'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 Precision Drilling'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.
To assess the safety of Precision Drilling'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 Precision Drilling'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.