Petrus Resources (TSX:PRQ) Dividend Payout Ratio : 1.58 (As of Mar. 2024)

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What is Petrus Resources Dividend Payout Ratio?

Petrus Resources's dividend payout ratio for the months ended in Mar. 2024 was 1.58.

The historical rank and industry rank for Petrus Resources's Dividend Payout Ratio or its related term are showing as below:

TSX:PRQ' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.03 Med: 0.03 Max: 0.14
Current: 0.14

During the past 13 years, the highest Dividend Payout Ratio of Petrus Resources was 0.14. The lowest was 0.03. And the median was 0.03.

TSX:PRQ's Dividend Payout Ratio is ranked better than
88.74% of 453 companies
in the Oil & Gas industry
Industry Median: 0.45 vs TSX:PRQ: 0.14

As of today (2024-05-24), the Dividend Yield % of Petrus Resources is 3.70%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Petrus Resources was 3.70%. The lowest was 0.70%. And the median was 0.80%.

Petrus Resources's Dividends per Share for the months ended in Mar. 2024 was C$0.03.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Petrus Resources Dividend Payout Ratio Historical Data

The historical data trend for Petrus Resources's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Petrus Resources Dividend Payout Ratio Chart

Petrus Resources Annual Data

Trend

Jan14

Jan15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.03

Petrus Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	0.04	1.58

Competitive Comparison of Petrus Resources's Dividend Payout Ratio

For the Oil & Gas E&P subindustry, Petrus Resources's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Petrus Resources's Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Petrus Resources's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Petrus Resources's Dividend Payout Ratio falls into.

Petrus Resources Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Petrus Resources's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.01	/	0.336
	=	0.03

Petrus Resources's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.03	/	0.019
	=	1.58

Petrus Resources (TSX:PRQ) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Petrus Resources Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Petrus Resources's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Petrus Resources (TSX:PRQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrus Resources Ltd (TSX:PRQ) » Definitions » Dividend Payout Ratio

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PTRUF:USA

Address

2400, 240 - 4th Avenue SW, Calgary, AB, CAN, T2P 4H4

Website

https://www.petrusresources.com

Petrus Resources Ltd is an oil and gas company that is engaged in the acquisition, development, exploration, and exploitation of energy business assets. The company receives maximum revenue from oil and natural gas. The company's core operating areas are Ferrier, Central Alberta, and the Rocky Mountain foothills.

Executives

Lindsay Erin Hatcher

Senior Officer

Petrus Resources (TSX:PRQ) Headlines

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