PXT Dividend History - Parex Resources

Track the latest PXT dividend history! 11.72% Dividend Yield, 43.91% Annual Growth - Explore PXT's complete dividend history

Yield 12m 11.72%
Cash Amount 12m 1.55
Dividend Growth 5y avg 43.91%
Dividend Rating 87.85%
Yield on Cost 5y 8.02%
Payout Ratio current 55.4%
Payout Frequency 12m 4
Payout Consistency 100.0%
Total Return 12m: -42.83%
#138 in Group
Total Return 5y: -31.55%
#126 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Oil & Gas Exploration & Production
Top Dividend Yield
Symbol Market Cap in USD Yield Yield on Cost
PXT 1,037m 11.7% 8.02%
MVO 101m 19.0% 48.1%
PBR-A 87,468m 15.6% 35.8%
SD 437m 13.5% 44.4%
Top Dividend Grower
Symbol Market Cap in USD Grow Rating
PXT 1,037m 43.9% 87.9%
NOG 4,341m 90.7% 69.7%
CRC 5,362m 89.6% 72.8%
MTDR 6,562m 73.3% 64.5%

PXT Dividend History - Last 15 Dividends (Paid in CAD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
2024-12-09 2024-12-16 0.39 2.63%
2024-09-09 2024-09-16 0.39 3.02%
2024-06-10 2024-06-10 2024-06-17 Quarterly 0.39 2.6% 1.77%
2024-03-14 2024-03-15 2024-03-28 Quarterly 0.38 1.84%
2023-12-14 2023-12-15 2023-12-29 Quarterly 0.38 1.54%
2023-09-14 2023-09-15 2023-09-29 Quarterly 0.38 1.53%
2023-06-14 2023-06-15 2023-06-30 Quarterly 0.38 1.4%
2023-03-14 2023-03-15 2023-03-31 Quarterly 0.38 52% 1.59%
2022-12-14 2022-12-30 2022-12-30 Quarterly 0.25 1.36%
2022-09-14 2022-09-30 2022-09-30 Quarterly 0.25 1.16%
2022-06-14 2022-06-30 2022-06-30 Quarterly 0.25 78.6% 0.89%
2022-03-14 2022-03-30 2022-03-30 Quarterly 0.14 7.7% 0.51%
2021-12-14 2021-12-15 2021-12-31 Quarterly 0.13 -48% 0.62%
2021-11-15 2021-11-16 2021-11-22 Other 0.25 92.3% 1.13%
2021-09-14 2021-09-30 2021-09-30 Quarterly 0.13 0.63%

PXT Dividend History - FAQ

What is the Dividend Yield of PXT?

As of December 2024 PXT`s Dividend Yield is 11.72%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of 1.55 CAD by the current stock price of 13.23.

What is the long-term Dividend Growth Rate of PXT?

In the last 5 Years the Average Dividend Growth Rate was 43.91% per year. This shows that the dividend payments have been growing over time. It is a good sign, as it indicates that the dividend payments have been growing faster than the inflation rate.

How often does PXT pay dividends?

Within the last 12 Months (TTM, Trailing Twelve Months) PXT paid 4 times a dividend.

What is the Yield on Cost of PXT?

The 5 Year Yield-On-Cost is 8.02%. That's the effective dividend income you'd receive today if you purchased Parex Resources five years ago. It is calculated by the Rate of the last 12 Months (1.55) divided by the price 5 years ago (19.33).

What is the Payout Consistency of PXT?

PXT has a Payout Consistency of 100.0%. It shows how stable (Values above 85%) or unstable (Values below 65%) the dividend payouts have been over time. Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.

What is the Dividend Rating of PXT?

The Overall Dividend Rating of 87.85 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Dividend History, Consistency of Payouts and Growth Rates over time.

Does PXT have a good Dividend Yield?

PXT`s 11.72% Dividend Yield is considered as: high.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.

What is the next Dividend Date for PXT?

The next Dividend Date for PXT is unknown.

What is the Dividend Payout Ratio of PXT?

The Dividend Payout Ratio of PXT is 55.4%. A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession. If it’s over 80-90%, it could be a red flag that dividends might not be sustainable. However, certain sectors have exceptions due to regulatory requirements or industry norms. For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability. If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.

Bonus Section: PXT Outstanding Shares

What is the Trend of PXT`s Outstanding Shares?

The Outstanding Shares of Parex Resources are shrinking at a rate of -5.07% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is -100.0%. Investors should be aware that the price of a stock often is positively affected by a decreasing number of shares.

Did Parex Resources ever had a Stock Split?

Yes, last Stock Split was on 2007-08-07 with a factor of 1:10. This reverse stock split decreased the number of shares and increased the price per share by a ratio of 0.1.
Year Number of Shares (Mill.) Growth Rate
2009 69996300
2010 79083100 +12.98%
2011 117597000 +48.7%
2012 128694000 +9.44%
2013 111393000 -13.44%
2014 134790000 +21%
2015 151525000 +12.42%
2016 156702000 +3.42%
2017 158090000 +0.89%
2018 155346000 -1.74%
2019 141805000 -8.72%
2020 130856000 -7.72%
2021 118718000 -9.28%
2022 111649000 -5.95%
2023 104414000 -6.48%
2024 100891000 -3.37%