Parex Resources Stock

Parex Resources Dividend 2024

Parex Resources Dividend

1.5 USD

Parex Resources Dividend yield

15.31 %

Ticker

PXT.TO

ISIN

CA69946Q1046

WKN

A0YES6

How much dividend does Parex Resources 2024 pay?

According to the latest status from September 2024, Parex Resources paid a total of 1.5 USD per share in dividends within the last 12 months. With the current Parex Resources price of 9.8 USD, this corresponds to a dividend yield of 15.31 %. A dividend is paid times per year.

15.31 % Dividend Yield=
1.5 USD Dividend
9.8 USD Stock Price

Historical Parex Resources Dividends

A dividend is paid times per year. Last year, the payout months were January, April, July and October.

PaydateDividend
10/9/20240.39
7/10/20240.39
4/14/20240.38
1/14/20240.38
10/14/20230.38
7/14/20230.38
4/14/20230.38
1/14/20230.25
10/14/20220.25
7/14/20220.25
4/14/20220.14
1/14/20220.13
12/15/20210.25
10/14/20210.13
1

Parex Resources dividend history and estimates

In 2023, Parex Resources paid a dividend amounting to 1.5 USD. Dividend means that Parex Resources distributes a portion of its profits to its owners.
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Dividend
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Dividend

Dividend Overview

The dividend per year chart for Parex Resources provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Parex Resources’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Parex Resources's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Parex Resources Dividend History

DateParex Resources Dividend
2027e1.94 undefined
2026e1.94 undefined
2025e1.94 undefined
2024e1.94 undefined
20231.5 undefined
20220.89 undefined
20210.5 undefined

Is the Parex Resources Dividend Safe?

Parex Resources has been increasing the dividend for 2 years.

Over the past 10 years, Parex Resources has increased it by an annual 0 %.

Over a five-year period, the distribution increased by 0%.

Analysts expect a Dividend Increase of 13.58% for the current fiscal year.

Parex Resources dividend payout ratio

In 2023, Parex Resources had a payout ratio of 18.64%. The payout ratio indicates the percentage of the company's profits that Parex Resources distributes as dividends.
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Parex Resources represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Parex Resources could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Parex Resources's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Parex Resources Payout Ratio History

DateParex Resources Payout ratio
2027e18.33 %
2026e18.41 %
2025e17.94 %
2024e18.64 %
202318.64 %
202216.54 %
202120.75 %
202018.64 %
201918.64 %
201818.64 %
201718.64 %
201618.64 %
201518.64 %
201418.64 %
201318.64 %
201218.64 %
201118.64 %
201018.64 %
200918.64 %
200818.64 %

Dividend Details

Understanding Parex Resources's Dividend Distributions

Parex Resources’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Parex Resources's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Parex Resources's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Parex Resources’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Parex Resources Aktienanalyse

What does Parex Resources do?

The Canadian company Parex Resources Inc. specializes in the exploration, production, and marketing of oil and natural gas. It was founded in 2009 and is headquartered in Calgary, Alberta, Canada. Parex Resources Inc. has a strong focus on North and South America and has been able to achieve excellent business results that attract numerous investors. The company's business model includes various divisions, such as oil and gas exploration, development, and production. In recent years, Parex Resources Inc. has proven itself as a strong supplier of oil and gas by continuously expanding its production capacities in Colombia. It is now capable of producing over 50,000 barrels of oil and gas daily. The company also focuses on exploring and developing new oil and gas reserves in different countries in the region, concentrating on promising areas with undiscovered reserves. One of Parex Resources Inc.'s strengths lies in its advanced technology, which enables the company to create accurate predictions of reserves using state-of-the-art geological, geophysical, and seismic data processing methods. The company offers high-quality products that meet customer requirements, including ethanol and plant-derived fuels, in addition to oil and gas. Parex Resources Inc.'s success is also attributed to its careful monitoring and analysis of markets, allowing it to quickly respond to market changes based on a deep understanding of customer needs. Over the years, the company has received numerous awards and recognition, including for its commitment to sustainability. Parex Resources Inc. actively promotes environmental protection and ensures that its oil and gas production processes do not harm the environment. In summary, Parex Resources Inc. is a strong player in the oil and gas industry, relying on advanced technologies and high-quality products. Its business model encompasses the exploration, development, production, and marketing of oil, gas, and other products. With its presence in various countries in North and South America and its consistent environmental protection policy, Parex Resources Inc. is a reliable partner for investors and customers. Parex Resources is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Parex Resources stock

How much dividend does Parex Resources pay?

Over the past 12 months, Parex Resources paid a dividend of 1.5 USD . This corresponds to a dividend yield of about 15.31 %. For the coming 12 months, Parex Resources is expected to pay a dividend of 1.94 USD.

What is the dividend yield of Parex Resources?

The current dividend yield of Parex Resources is 15.31 %.

When does Parex Resources pay dividends?

Parex Resources pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Parex Resources?

Parex Resources paid dividends every year for the past 0 years.

What is the dividend of Parex Resources?

For the upcoming 12 months, dividends amounting to 1.94 USD are expected. This corresponds to a dividend yield of 19.79 %.

In which sector is Parex Resources located?

Parex Resources is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Parex Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Parex Resources from 9/16/2024 amounting to 0.385 USD, you needed to have the stock in your portfolio before the ex-date on 9/9/2024.

When did Parex Resources pay the last dividend?

The last dividend was paid out on 9/16/2024.

What was the dividend of Parex Resources in the year 2023?

In the year 2023, Parex Resources distributed 0.89 USD as dividends.

In which currency does Parex Resources pay out the dividend?

The dividends of Parex Resources are distributed in USD.

Andere Kennzahlen von Parex Resources

Our stock analysis for Parex Resources Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Parex Resources Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.