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Tidewater Midstream and Infrastructure (TSX:TWM) Dividend Yield % : 4.35% (As of May. 10, 2024)


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What is Tidewater Midstream and Infrastructure Dividend Yield %?

As of today (2024-05-10), the Trailing Annual Dividend Yield of Tidewater Midstream and Infrastructure is 4.35%.

Good Sign:

Tidewater Midstream and Infrastructure Ltd stock dividend yield is close to 3-year high.

The historical rank and industry rank for Tidewater Midstream and Infrastructure's Dividend Yield % or its related term are showing as below:

TSX:TWM' s Dividend Yield % Range Over the Past 10 Years
Min: 0.66   Med: 3.1   Max: 9.52
Current: 4.35

During the past 9 years, the highest Dividend Yield of Tidewater Midstream and Infrastructure was 9.52%. The lowest was 0.66%. And the median was 3.10%.

TSX:TWM's Dividend Yield % is ranked better than
52.62% of 496 companies
in the Oil & Gas industry
Industry Median: 4.03 vs TSX:TWM: 4.35

Tidewater Midstream and Infrastructure's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 9 years, the highest Dividend Payout Ratio of Tidewater Midstream and Infrastructure was 2.00. The lowest was 0.22. And the median was 0.77.

As of today (2024-05-10), the Forward Dividend Yield % of Tidewater Midstream and Infrastructure is 5.80%.

Tidewater Midstream and Infrastructure's Dividends per Share for the three months ended in Dec. 2023 was C$0.00.

During the past 12 months, Tidewater Midstream and Infrastructure's average Dividends Per Share Growth Rate was -25.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -9.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.00% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Tidewater Midstream and Infrastructure was -9.10% per year. The lowest was -9.10% per year. And the median was -9.10% per year.

The growth rate is calculated with least square regression.

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


Tidewater Midstream and Infrastructure Dividend Yield % Historical Data

The historical data trend for Tidewater Midstream and Infrastructure's Dividend Yield % 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.

* Premium members only.

Tidewater Midstream and Infrastructure Dividend Yield % Chart

Tidewater Midstream and Infrastructure Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only 3.42 4.88 3.08 3.88 3.77

Tidewater Midstream and Infrastructure Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.88 4.44 4.28 3.88 3.77

Competitive Comparison of Tidewater Midstream and Infrastructure's Dividend Yield %

For the Oil & Gas Midstream subindustry, Tidewater Midstream and Infrastructure's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Tidewater Midstream and Infrastructure's Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tidewater Midstream and Infrastructure's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Tidewater Midstream and Infrastructure's Dividend Yield % falls into.



Tidewater Midstream and Infrastructure Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Tidewater Midstream and Infrastructure Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0100002023-09-282023-09-292023-10-31Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0100002023-06-292023-06-302023-07-31Cash DividendquarterlyCAD:CAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Tidewater Midstream and Infrastructure's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.02/0.71
=2.82 %

Current Share Price is C$0.71.
Tidewater Midstream and Infrastructure's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.02.

Tidewater Midstream and Infrastructure's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.04/0.71
=5.63 %

Current Share Price is C$0.71.
Tidewater Midstream and Infrastructure's Dividends per Share for the forward twelve months is calculated as C$0.01 * 4 = C$0.04.

* 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.


Tidewater Midstream and Infrastructure  (TSX:TWM) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Tidewater Midstream and Infrastructure Dividend Yield % Related Terms

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Tidewater Midstream and Infrastructure (TSX:TWM) Business Description

Traded in Other Exchanges
Address
222 - 3rd Avenue SW, Suite 900, Calgary, AB, CAN, T2P 0B4
Tidewater Midstream and Infrastructure Ltd is a Canadian company that is engaged in providing midstream infrastructure and a natural gas storage facility. It mainly focuses on the purchase, sale, and transportation of Natural Gas Liquids (NGLs) such as propane and natural gasoline throughout North America and export to premium markets. The business activities of the company include gathering, processing, and transportation relates to raw gas gathering systems, processing plants and pipelines, NGL marketing and Extraction, refined products, and other activities. Its business segments consist of Midstream; Downstream; Marketing and others. The company generates maximum revenue from the Marketing and other.
Executives
Robert Colcleugh Director, Senior Officer

Tidewater Midstream and Infrastructure (TSX:TWM) Headlines