Prairiesky Royalty Stock

Prairiesky Royalty Dividend 2024

Prairiesky Royalty Dividend

0.96 CAD

Prairiesky Royalty Dividend yield

3.67 %

Ticker

PSK.TO

ISIN

CA7397211086

WKN

A114W8

How much dividend does Prairiesky Royalty 2024 pay?

According to the latest status from September 2024, Prairiesky Royalty paid a total of 0.96 CAD per share in dividends within the last 12 months. With the current Prairiesky Royalty price of 26.19 CAD, this corresponds to a dividend yield of 3.67 %. A dividend is paid times per year.

3.67 % Dividend Yield=
0.96 CAD Dividend
26.19 CAD Stock Price

Historical Prairiesky Royalty Dividends

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

PaydateDividend
7/28/20240.25
4/27/20240.25
1/28/20240.24
10/28/20230.24
7/29/20230.24
4/30/20230.24
1/29/20230.24
10/28/20220.12
7/29/20220.12
4/30/20220.12
1/30/20220.09
10/28/20210.09
7/29/20210.07
4/30/20210.07
1/30/20210.06
10/29/20200.06
7/29/20200.06
4/30/20200.07
3/27/20200.07
3/1/20200.07
1
2
3
4
...
5

Prairiesky Royalty dividend history and estimates

In 2023, Prairiesky Royalty paid a dividend amounting to 0.96 CAD. Dividend means that Prairiesky Royalty distributes a portion of its profits to its owners.
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Dividend (Estimate)
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Dividend

Dividend Overview

The dividend per year chart for Prairiesky Royalty 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 Prairiesky Royalty’s potential for long-term investment and income generation through dividends.

Investment Strategy

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

Prairiesky Royalty Dividend History

DatePrairiesky Royalty Dividend
2028e0.98 undefined
2027e0.98 undefined
2026e0.97 undefined
2025e0.98 undefined
2024e0.99 undefined
20230.96 undefined
20220.6 undefined
20210.31 undefined
20200.38 undefined
20190.78 undefined
20180.77 undefined
20170.75 undefined
20160.82 undefined
20151.3 undefined
20140.74 undefined

Is the Prairiesky Royalty Dividend Safe?

Prairiesky Royalty has been increasing the dividend for 2 years.

Over the past 10 years, Prairiesky Royalty has increased it by an annual 0 %.

Over a five-year period, the distribution increased by 4.374%.

Analysts expect a Dividend Increase of 1.432% for the current fiscal year.

Prairiesky Royalty dividend payout ratio

In 2023, Prairiesky Royalty had a payout ratio of 123.1%. The payout ratio indicates the percentage of the company's profits that Prairiesky Royalty distributes as dividends.
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Prairiesky Royalty 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 Prairiesky Royalty 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 Prairiesky Royalty'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.

Prairiesky Royalty Payout Ratio History

DatePrairiesky Royalty Payout ratio
2028e85.67 %
2027e82.97 %
2026e93 %
2025e81.05 %
2024e74.85 %
2023123.1 %
202245.18 %
202156.27 %
2020267.86 %
2019162.5 %
2018227.94 %
2017146.08 %
2016907.4 %
2015324.99 %
201442.32 %
2013123.1 %

Dividend Details

Understanding Prairiesky Royalty's Dividend Distributions

Prairiesky Royalty’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 Prairiesky Royalty'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

Prairiesky Royalty'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 Prairiesky Royalty’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.

Prairiesky Royalty Aktienanalyse

What does Prairiesky Royalty do?

PrairieSky Royalty Ltd is a mining company based in Canada. It specializes in the exploration and production of minerals like oil, gas, and coal. The company operates under a unique business model, leasing its land rights to multiple energy companies for mineral exploration and production. PrairieSky receives a royalty fee as part of its overall revenue. The company owns approximately 5.2 million acres of land in Western Canada and has a strong presence in Alberta and Saskatchewan. It works in various segments, including licensing, exploration, and providing services such as geographical data analysis and oil and gas leasing. PrairieSky invests heavily in technology, utilizing satellite imagery, GPS, and laser measurement systems for mapping and monitoring their land. The company offers various mineral licenses, including oil, gas, coal, and ore licenses, as well as mineral packages for investors interested in the Canadian resource market. PrairieSky plays a significant role in the Canadian economy, creating jobs and promoting economic growth in the regions where it operates. It is a key player in the resource industry and is expected to continue expanding in the coming years. Prairiesky Royalty is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Prairiesky Royalty stock

How much dividend does Prairiesky Royalty pay?

Over the past 12 months, Prairiesky Royalty paid a dividend of 0.96 CAD . This corresponds to a dividend yield of about 3.67 %. For the coming 12 months, Prairiesky Royalty is expected to pay a dividend of 0.98 CAD.

What is the dividend yield of Prairiesky Royalty?

The current dividend yield of Prairiesky Royalty is 3.67 %.

When does Prairiesky Royalty pay dividends?

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

How secure is the dividend of Prairiesky Royalty?

Prairiesky Royalty paid dividends every year for the past 0 years.

What is the dividend of Prairiesky Royalty?

For the upcoming 12 months, dividends amounting to 0.98 CAD are expected. This corresponds to a dividend yield of 3.75 %.

In which sector is Prairiesky Royalty located?

Prairiesky Royalty is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Prairiesky Royalty kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Prairiesky Royalty from 7/15/2024 amounting to 0.25 CAD, you needed to have the stock in your portfolio before the ex-date on 6/28/2024.

When did Prairiesky Royalty pay the last dividend?

The last dividend was paid out on 7/15/2024.

What was the dividend of Prairiesky Royalty in the year 2023?

In the year 2023, Prairiesky Royalty distributed 0.6 CAD as dividends.

In which currency does Prairiesky Royalty pay out the dividend?

The dividends of Prairiesky Royalty are distributed in CAD.

Andere Kennzahlen von Prairiesky Royalty

Our stock analysis for Prairiesky Royalty 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 Prairiesky Royalty Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.