How much dividend does Parkland pay?
Over the past 12 months, Parkland paid a dividend of 2.04 CAD . This corresponds to a dividend yield of about 5.78 %. For the coming 12 months, Parkland is expected to pay a dividend of 1.99 CAD.
Parkland Dividend 2024
Parkland Dividend
2.04 CAD
Parkland Dividend yield
5.78 %
Ticker
PKI.TO
ISIN
CA70137W1086
WKN
A2P42F
How much dividend does Parkland 2024 pay?
According to the latest status from December 2024, Parkland paid a total of 2.04 CAD per share in dividends within the last 12 months. With the current Parkland price of 35.29 CAD, this corresponds to a dividend yield of 5.78 %. A dividend is paid times per year.
| 5.78 % Dividend Yield | = |
|
Historical Parkland Dividends
A dividend is paid times per year. Last year, the payout months were January, April, July and October.
| Paydate | Dividend |
|---|---|
| 10/20/2024 | 0.35 |
| 7/21/2024 | 0.35 |
| 4/21/2024 | 0.35 |
| 1/21/2024 | 0.34 |
| 10/21/2023 | 0.34 |
| 7/21/2023 | 0.34 |
| 4/21/2023 | 0.34 |
| 1/21/2023 | 0.33 |
| 10/21/2022 | 0.33 |
| 7/21/2022 | 0.33 |
| 4/21/2022 | 0.11 |
| 3/22/2022 | 0.1 |
| 2/20/2022 | 0.1 |
| 1/21/2022 | 0.1 |
| 12/19/2021 | 0.1 |
| 11/21/2021 | 0.1 |
| 10/21/2021 | 0.1 |
| 9/19/2021 | 0.1 |
| 8/21/2021 | 0.1 |
| 7/21/2021 | 0.1 |
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Parkland dividend history and estimates CA70137W1086 · A2P42F
In 2023, Parkland paid a dividend amounting to 2.04 CAD. Dividend means that Parkland distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
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Dividend
ⓘDividend Overview
The dividend per year chart for Parkland 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 Parkland’s potential for long-term investment and income generation through dividends.
Investment Strategy
Incorporate the dividend data in evaluating Parkland's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.
Parkland Dividend History
| Date | Parkland Dividend |
|---|---|
| 2028e | 1.97 undefined |
| 2027e | 1.97 undefined |
| 2026e | 1.95 undefined |
| 2025e | 1.99 undefined |
| 2024e | 1.96 undefined |
| 2023 | 2.04 undefined |
| 2022 | 1.29 undefined |
| 2021 | 1.23 undefined |
| 2020 | 1.21 undefined |
| 2019 | 1.19 undefined |
| 2018 | 1.17 undefined |
| 2017 | 1.15 undefined |
| 2016 | 1.13 undefined |
| 2015 | 1.08 undefined |
| 2014 | 1.06 undefined |
| 2013 | 1.04 undefined |
| 2012 | 1.02 undefined |
| 2011 | 1.02 undefined |
| 2010 | 1.26 undefined |
| 2009 | 1.26 undefined |
| 2008 | 1.26 undefined |
| 2007 | 1.08 undefined |
| 2006 | 0.71 undefined |
| 2005 | 0.56 undefined |
| 2004 | 0.54 undefined |
| Dividend | Dividend (Estimate) | |
|---|---|---|
| 2004 | 0.54 CAD | 0 CAD |
| 2005 | 0.56 CAD | 0 CAD |
| 2006 | 0.71 CAD | 0 CAD |
| 2007 | 1.08 CAD | 0 CAD |
| 2008 | 1.26 CAD | 0 CAD |
| 2009 | 1.26 CAD | 0 CAD |
| 2010 | 1.26 CAD | 0 CAD |
| 2011 | 1.02 CAD | 0 CAD |
| 2012 | 1.02 CAD | 0 CAD |
| 2013 | 1.04 CAD | 0 CAD |
| 2014 | 1.06 CAD | 0 CAD |
| 2015 | 1.08 CAD | 0 CAD |
| 2016 | 1.13 CAD | 0 CAD |
| 2017 | 1.15 CAD | 0 CAD |
| 2018 | 1.17 CAD | 0 CAD |
| 2019 | 1.19 CAD | 0 CAD |
| 2020 | 1.21 CAD | 0 CAD |
| 2021 | 1.23 CAD | 0 CAD |
| 2022 | 1.29 CAD | 0 CAD |
| 2023 | 2.04 CAD | 0 CAD |
| 2024e | 0 CAD | 1.96 CAD |
| 2025e | 0 CAD | 1.99 CAD |
| 2026e | 0 CAD | 1.95 CAD |
| 2027e | 0 CAD | 1.97 CAD |
| 2028e | 0 CAD | 1.97 CAD |
Is the Parkland Dividend Safe?
Parkland has been increasing the dividend for 11 years.
Over the past 10 years, Parkland has increased it by an annual 7 %.
Over a five-year period, the distribution increased by 11.753%.
Analysts expect a Dividend Cut of -2.1% for the current fiscal year.
Parkland dividend payout ratio CA70137W1086 · A2P42F
In 2023, Parkland had a payout ratio of 161.6%. The payout ratio indicates the percentage of the company's profits that Parkland distributes as dividends.
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Payout ratio
ⓘWhat is Yearly Payout Ratio?
The yearly payout ratio for Parkland 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 Parkland 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 Parkland'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.
Parkland Payout Ratio History
| Date | Parkland Payout ratio |
|---|---|
| 2028e | 133.37 % |
| 2027e | 135.21 % |
| 2026e | 141.8 % |
| 2025e | 123.1 % |
| 2024e | 140.71 % |
| 2023 | 161.6 % |
| 2022 | 66.98 % |
| 2021 | 193.56 % |
| 2020 | 224.26 % |
| 2019 | 46.69 % |
| 2018 | 75.03 % |
| 2017 | 164.43 % |
| 2016 | 229.59 % |
| 2015 | 256.33 % |
| 2014 | 173.18 % |
| 2013 | 89.4 % |
| 2012 | 81.6 % |
| 2011 | 167.21 % |
| 2010 | 307.32 % |
| 2009 | 129.9 % |
| 2008 | 143.18 % |
| 2007 | 65.64 % |
| 2006 | 47.61 % |
| 2005 | 85.78 % |
| 2004 | 495.42 % |
| Payout ratio | |
|---|---|
| 2004 | 495.42 % |
| 2005 | 85.78 % |
| 2006 | 47.61 % |
| 2007 | 65.64 % |
| 2008 | 143.18 % |
| 2009 | 129.9 % |
| 2010 | 307.32 % |
| 2011 | 167.21 % |
| 2012 | 81.6 % |
| 2013 | 89.4 % |
| 2014 | 173.18 % |
| 2015 | 256.33 % |
| 2016 | 229.59 % |
| 2017 | 164.43 % |
| 2018 | 75.03 % |
| 2019 | 46.69 % |
| 2020 | 224.26 % |
| 2021 | 193.56 % |
| 2022 | 66.98 % |
| 2023 | 161.6 % |
| 2024e | 140.71 % |
| 2025e | 123.1 % |
| 2026e | 141.8 % |
| 2027e | 135.21 % |
| 2028e | 133.37 % |
Dividend Details
Understanding Parkland's Dividend Distributions
Parkland’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 Parkland'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
Parkland'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 Parkland’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.
Parkland Aktienanalyse
What does Parkland do?
Parkland Corp is a Canadian company specializing in the marketing and sale of fuels and other energy products. The company was founded in 1977 as Canada's first independent gas station operator and has since expanded its offerings. The business model of Parkland Corp is to supply customers across the country with a wide range of fuels, heating oil, lubricants, propane, and other energy products. The company operates an extensive distribution and logistics infrastructure that allows it to efficiently deliver and provide these products. It has a network of its own gas stations as well as franchise partners distributing under the Parkland brand. Today, Parkland is one of the largest and most diverse energy suppliers in North America. The company operates over 2,800 gas stations in Canada, the US, and Mexico and supplies numerous other facilities, including airports, grocery stores, auto repair shops, and industrial plants. It specializes in offering customized solutions and tailoring its services to meet the needs of its customers. Parkland Corp's offerings include a wide range of products and services. These include various types of fuels and heating oil, lubricants, propane, as well as maintenance and purchase financing services. The company also provides comprehensive solutions for the energy needs of vehicle fleets, including fuel cards, fleet management tools, and other services. In addition to its core business, Parkland also operates a number of business units focusing on specialized areas. These include Parkland Fuel Corporation, specializing in the delivery of heating oil and other fuels, and Parkland Commercial Fuels, offering tailored solutions for fleet customers. The company also includes Parkland Burnaby Refinery and Bluewave Energy, which has introduced fuel delivery to remote regions and small communities. Parkland has shown impressive growth in recent years, expanding its geographic and product offerings. The company has strengthened itself through numerous acquisitions and strategic partnerships, aiming to expand its position in a rapidly evolving energy world. It has also pursued a strong environmental protection and sustainability policy, aiming to reduce its greenhouse gas emissions by 30% by 2025. Overall, Parkland Corp has proven to be a key player in the energy industry, distinguished by its wide range of offerings, customer-centric approach, and innovation. Through its continuous development and expansion, the company is well prepared for the future and is expected to continue playing an important role in North America's energy supply. Parkland is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Frequently Asked Questions about Parkland stock
What is the dividend yield of Parkland?
The current dividend yield of Parkland is 5.78 %.
When does Parkland pay dividends?
Parkland pays a quarterly dividend. This is distributed in the months of January, April, July, October.
How secure is the dividend of Parkland?
Parkland paid dividends every year for the past 0 years.
What is the dividend of Parkland?
For the upcoming 12 months, dividends amounting to 1.99 CAD are expected. This corresponds to a dividend yield of 5.64 %.
In which sector is Parkland located?
Parkland is assigned to the 'Energy' sector.
Wann musste ich die Aktien von Parkland kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Parkland from 10/15/2024 amounting to 0.35 CAD, you needed to have the stock in your portfolio before the ex-date on 9/20/2024.
When did Parkland pay the last dividend?
The last dividend was paid out on 10/15/2024.
What was the dividend of Parkland in the year 2023?
In the year 2023, Parkland distributed 1.289 CAD as dividends.
In which currency does Parkland pay out the dividend?
The dividends of Parkland are distributed in CAD.
Andere Kennzahlen von Parkland
Our stock analysis for Parkland 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 Parkland Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
