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Source Rock Royalties Ltd. acquires and manages oil and gas royalties and mineral title interests. The company has a light oil focused portfolio of royalty interests concentrated in S.E. Saskatchewan, east-central Alberta, west-central Alberta, and west-central Saskatchewan. Source Rock Royalties Ltd. was incorporated in 2012 and is headquartered in Calgary, Canada.

Source Rock Royalties Dividend Announcement

Source Rock Royalties announced a monthly dividend of C$0.01 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-27
Source Rock Royalties annual dividend for 2024 was C$0.06
Source Rock Royalties annual dividend for 2023 was C$0.07
Source Rock Royalties's trailing twelve-month (TTM) dividend yield is 8.52%
Source Rock Royalties's payout ratio for the trailing twelve months (TTM) is 193.27%

Source Rock Royalties Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-27C$0.01monthly2024-10-15
2024-08-30C$0.01monthly2024-09-13
2024-07-31C$0.01monthly2024-08-15
2024-06-28C$0.01monthly2024-07-15
2024-05-31C$0.01monthly2024-06-14
2024-04-29C$0.01monthly2024-05-15
2024-03-27C$0.01monthly
2024-02-28C$0.01monthly
2024-01-30C$0.01monthly2024-02-15
2023-12-28C$0.01monthly2024-01-15
2023-11-29C$0.01monthly2023-12-15
2023-10-30C$0.01monthly2023-11-15
2023-09-28C$0.01monthly2023-10-13
2023-09-13C$0.01monthly2023-09-15
2023-08-30C$0.01monthly
2023-07-28C$0.01monthly2023-08-15
2023-06-29C$0.01monthly2023-07-14
2023-05-30C$0.01monthly2023-06-15
2023-04-27C$0.01monthly2023-05-15
2023-03-30C$0.01monthly2023-04-14
2022-12-29C$0.01monthly2023-01-13
2022-09-28C$0.01monthly2022-10-14
2022-06-29C$0.01monthly2022-07-15
2022-03-30C$0.01monthly2022-04-14

Source Rock Royalties Dividend per year

Source Rock Royalties Dividend growth

Source Rock Royalties Dividend Yield

Source Rock Royalties current trailing twelve-month (TTM) dividend yield is 8.52%. Interested in purchasing Source Rock Royalties stock? Use our calculator to estimate your expected dividend yield:

Source Rock Royalties Financial Ratios

P/E ratio24.01
PEG ratio0.23
P/B ratio1.51
ROE6.22%
Payout ratio193.27%
Current ratio5.45
Quick ratio5.45
Cash Ratio3.91

Source Rock Royalties Dividend FAQ

How much is the next Source Rock Royalties dividend?
Source Rock Royalties's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Source Rock Royalties dividend. The next Source Rock Royalties dividend will be released in March, April, May, June, July, August, September, September, October, November, or December.
When is Source Rock Royalties dividend paid?
Source Rock Royalties pays dividends on a monthly basis. The specific dates may vary each year but are generally around March, April, May, June, July, August, September, 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 Source Rock Royalties pay?
The specific amount of Source Rock Royalties 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 Source Rock Royalties's dividend history.
Does Source Rock Royalties stock pay dividends?
Yes, Source Rock Royalties 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 Source Rock Royalties's dividend history.
How much dividend does Source Rock Royalties pay?
Source Rock Royalties paid C$0.057 in 2024, C$0.072 in 2023, C$0.06 in 2022, C$0.0 in 2021, and C$0.0 in 2020.
How often does Source Rock Royalties pay dividends?
Source Rock Royalties 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 March, April, May, June, July, August, September, September, October, November, and December.
What is Source Rock Royalties's dividend yield?
The current dividend yield for Source Rock Royalties is 8.52%. 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 Source Rock Royalties's exact dividend yield.
When does Source Rock Royalties go ex dividend?
Source Rock Royalties's ex-dividend date for the latest dividend was on 2024-09-27. Source Rock Royalties 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 Source Rock Royalties dividend paid?
Source Rock Royalties pays dividends on a monthly basis, typically around March, April, May, June, July, August, September, September, October, November, or December, but the exact dates can vary each year.
Will Source Rock Royalties 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 Source Rock Royalties 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 Source Rock Royalties dividend per share?
Source Rock Royalties paid C$0.057 per share in 2024 and C$0.072 per share in 2023. The amount of dividend per share that Source Rock Royalties 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 Source Rock Royalties 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 Source Rock Royalties 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 Source Rock Royalties a dividend stock?
Yes, Source Rock Royalties is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Source Rock Royalties a good dividend stock?
Whether Source Rock Royalties is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Source Rock Royalties has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Source Rock Royalties 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 Source Rock Royalties pay dividends monthly?
Source Rock Royalties typically pays dividends on a monthly basis.
Does Source Rock Royalties pay dividends quarterly?
Source Rock Royalties currently pays dividends on a monthly basis.
Has Source Rock Royalties ever paid a dividend?
Yes, Source Rock Royalties has a history of paying dividends to its shareholders. Source Rock Royalties is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Source Rock Royalties dividend stocks?
To buy Source Rock Royalties 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 Source Rock Royalties 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 Source Rock Royalties pay dividends 2024?
Source Rock Royalties pays dividends on a monthly basis. 2024 dividend payments are in 2024-10-15. 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 Source Rock Royalties increase its dividend in 2024?
Decisions regarding Source Rock Royalties 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 Source Rock Royalties dividend overview you can look into the above table of dividend history.
How Source Rock Royalties dividend works?
The Source Rock Royalties 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 Source Rock Royalties's dividend process works:

1. Determination of Dividend: Source Rock Royalties'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, Source Rock Royalties 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, Source Rock Royalties 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 Source Rock Royalties 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 Source Rock Royalties dividends paid?
Source Rock Royalties dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Source Rock Royalties 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, Source Rock Royalties distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Source Rock Royalties 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 Source Rock Royalties pay dividends?
Source Rock Royalties 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 Source Rock Royalties pay dividends?
The general pattern is that Source Rock Royalties pays dividends around March, April, May, June, July, August, September, 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 Source Rock Royalties dividend safe?
The safety of Source Rock Royalties'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 Source Rock Royalties'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 Source Rock Royalties'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.