Tourmaline Oil Corp. (TOU.TO) Dividend Yield, History & Forecast

Tourmaline Oil Corp. (TOU.TO) is an Oil & Gas Exploration & Production company in the Energy sector listed on the Toronto Stock Exchange. It pays a current dividend yield of 3.87% ($2.60 per share annually (TTM)), with 1 year of consecutive dividend increases. The most recent ex-dividend date was June 15, 2026, with payment scheduled for June 30, 2026. The trailing twelve-month payout ratio is 160.8%; the market capitalization is approximately $24.89B.

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Frequently Asked Questions about Tourmaline Oil Corp. (TOU.TO)

What is Tourmaline Oil Corp.'s dividend yield?
Tourmaline Oil Corp. (TOU.TO) pays a current trailing twelve-month dividend yield of 3.87%, which works out to $2.60 per share annually based on the most recent payout schedule.
When does Tourmaline Oil Corp. pay its next dividend?
The most recent ex-dividend date was June 15, 2026. The next scheduled dividend payment date is June 30, 2026.
How many years has Tourmaline Oil Corp. increased its dividend?
Tourmaline Oil Corp. (TOU.TO) has increased its dividend for 1 consecutive year.
Is Tourmaline Oil Corp. a Dividend Aristocrat?
No. Dividend Aristocrat status requires an S&P 500 listing and 25 or more consecutive years of dividend increases. Tourmaline Oil Corp. (TOU.TO) currently has 1 year of consecutive increases.
What sector is Tourmaline Oil Corp. in?
Tourmaline Oil Corp. (TOU.TO) operates in the Energy sector, specifically the Oil & Gas Exploration & Production industry.
What is Tourmaline Oil Corp.'s dividend payout ratio?
Tourmaline Oil Corp. (TOU.TO)'s trailing twelve-month dividend payout ratio is 160.8%. The payout ratio measures what percentage of earnings is paid out as dividends — a lower ratio generally suggests a more sustainable dividend.