Tamarack Valley Energy Ltd. acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. It primarily holds interests in the Clearwater assets covering an area of approximately 357 sections of land located in Alberta; Charlie Lake assets covering approximately 357 sections of land in the northwestern area of Alberta; Viking light oil play in central and southern Alberta and west central Saskatchewan; Barons Sand oil play in the Penny area of southern Alberta; and heavy oil properties. The company was formerly known as Tango Energy Inc. and changed its name to Tamarack Valley Energy Ltd. in June 2010. Tamarack Valley Energy Ltd. was incorporated in 2002 and is headquartered in Calgary, Canada.
Tamarack Valley Energy Dividend Announcement
• Tamarack Valley Energy announced a monthly dividend of C$0.01 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-11-29
• Tamarack Valley Energy annual dividend for 2024 was C$0.14
• Tamarack Valley Energy annual dividend for 2023 was C$0.15
• Tamarack Valley Energy's trailing twelve-month (TTM) dividend yield is 3.4%
• Tamarack Valley Energy's payout ratio for the trailing twelve months (TTM) is 38.59%
Tamarack Valley Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-29 | C$0.01 | monthly | 2024-12-16 |
2024-10-31 | C$0.01 | monthly | 2024-11-15 |
2024-09-27 | C$0.01 | monthly | 2024-10-15 |
2024-08-30 | C$0.01 | monthly | 2024-09-16 |
2024-07-31 | C$0.01 | monthly | 2024-08-15 |
2024-06-28 | C$0.01 | monthly | 2024-07-15 |
2024-05-31 | C$0.01 | monthly | 2024-06-14 |
2024-04-29 | C$0.01 | monthly | 2024-05-15 |
2024-03-27 | C$0.01 | monthly | 2024-04-15 |
2024-02-28 | C$0.01 | monthly | 2024-03-15 |
2024-01-30 | C$0.01 | monthly | 2024-02-15 |
2023-12-28 | C$0.01 | monthly | 2024-01-15 |
2023-11-29 | C$0.01 | monthly | 2023-12-15 |
2023-10-30 | C$0.01 | monthly | 2023-11-15 |
2023-09-28 | C$0.01 | monthly | 2023-10-13 |
2023-08-30 | C$0.01 | monthly | 2023-09-15 |
2023-07-28 | C$0.01 | monthly | 2023-08-15 |
2023-06-29 | C$0.01 | monthly | 2023-07-14 |
2023-05-30 | C$0.01 | monthly | 2023-06-15 |
2023-04-27 | C$0.01 | monthly | 2023-05-15 |
2023-03-30 | C$0.01 | monthly | 2023-04-14 |
2023-02-27 | C$0.01 | monthly | 2023-03-15 |
2023-01-30 | C$0.01 | monthly | 2023-02-15 |
2022-12-29 | C$0.01 | monthly | 2023-01-16 |
2022-11-29 | C$0.01 | monthly | 2022-12-15 |
2022-10-28 | C$0.01 | monthly | 2022-11-15 |
2022-09-28 | C$0.01 | monthly | 2022-10-14 |
2022-08-30 | C$0.01 | monthly | 2022-09-15 |
2022-07-28 | C$0.01 | monthly | 2022-08-15 |
2022-06-29 | C$0.01 | monthly | 2022-07-15 |
2022-05-30 | C$0.01 | monthly | 2022-06-15 |
2022-04-28 | C$0.01 | monthly | 2022-05-13 |
2022-03-30 | C$0.01 | monthly | 2022-04-14 |
2022-02-25 | C$0.01 | monthly | 2022-03-15 |
2022-01-28 | C$0.01 | monthly | 2022-02-15 |
Tamarack Valley Energy Dividend per year
Tamarack Valley Energy Dividend growth
Tamarack Valley Energy Dividend Yield
Tamarack Valley Energy current trailing twelve-month (TTM) dividend yield is 3.4%. Interested in purchasing Tamarack Valley Energy stock? Use our calculator to estimate your expected dividend yield:
Tamarack Valley Energy Financial Ratios
Tamarack Valley Energy Dividend FAQ
Other factors to consider when evaluating Tamarack Valley 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.
Place an order: Use the brokerage's trading platform to place an order to buy Tamarack Valley 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.
1. Determination of Dividend: Tamarack Valley 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, Tamarack Valley 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, Tamarack Valley 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 Tamarack Valley 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.
1. Record Date: Tamarack Valley 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, Tamarack Valley 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: Tamarack Valley 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.
To assess the safety of Tamarack Valley 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 Tamarack Valley 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.