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CDDRF Headwater Exploration Inc. — dividend yield, history & ex-dividend dates

Other OTC· Quarterly dividend· Common Stock · Energy / Oil & Gas Exploration & Production

$10.31 ▼ $-0.31(-2.92%) as of Oct 30, 2026 06:20 UTC
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Headwater Exploration Inc. operates as an emerging junior resource company, primarily focused on the entire upstream process of discovering, developing, and extracting petroleum and natural gas. Its operational footprint spans the Western Canadian Sedimentary Basin and extends to onshore regions of New Brunswick. The company's asset portfolio encompasses various key interests: the McCully Field, situated northeast of Sussex in New Brunswick; the Clearwater play, located in Alberta's Marten Hills area; and the Frederick Brook shale gas prospect, also found in New Brunswick. Formerly known as Corridor Resources Inc., the firm adopted the name Headwater Exploration Inc. in March 2020. Its corporate headquarters are based in Calgary, Canada.

Dividend Snapshot

StatusFlat
Last Dividend$0.0845Paid Oct 15, 2026
Forward Annual$0.34From the $0.0845 dividend declared Jul 23, 2026
FrequencyQuarterly
Last Ex-DateSep 30, 2026The most recent ex-dividend date that has already passed.
1-Yr Growth9.1%Annual totals, 2024–2025

Research Scores

Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.

Dividend Safety Score

62/100

Strong indicators

Most data available

Dividend Growth Score

48/100

Moderate growth record

Partial data

Dividend Value Score

Not Rated

only 40% of the inputs available (60% needed)

DividendRank

54/100

Middle of the scale

Partial data

How the Dividend Safety Score is built for CDDRF
InputValuePointsWeight
Earnings payout ratioEarnings payout ratio 56% (TTM to Jun 30, 2026) 84 20%
FCF payout ratioFCF payout ratio 92% (TTM to Jun 30, 2026) 38 25%
Net debt / EBITDAN/A (not used) N/A 15%
Interest coverageInterest coverage 239.9x (TTM to Jun 30, 2026) 100 10%
Dividend record3 years of uninterrupted regular payments 33 20%
Earnings stabilityNet income positive in 5 of the last 5 fiscal years (FY2021–FY2025) 100 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

How the Dividend Growth Score is built for CDDRF
InputValuePointsWeight
5-year dividend growthN/A (not used) N/A 25%
Consecutive annual increases1 consecutive annual increase (through 2025) 25 20%
Payout headroomHeadroom from the earnings payout ratio 56% (TTM to Jun 30, 2026) 76 20%
Earnings per share growth (3 years)EPS CAGR -2.9% (FY2022–FY2025) 25 15%
Revenue growth (3 years)Revenue CAGR 3.9% (FY2022–FY2025) 74 10%
10-year dividend growthN/A (not used) N/A 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

Key Metrics

Current Yield

3.28%

At the Oct 30, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$0.3380

Declared Jul 23, 2026

The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.

Frequency

Q Quarterly

How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

RSI (14)

52

As of Oct 30, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$5.20 – $10.82

Closes through Oct 23, 2026

The lowest and highest price over the past year, showing where today's price sits in its recent range.

Payout Ratio (TTM)

56.26%

12 months to Jun 30, 2026 (Q2 FY2026)

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

3

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

4.43

Price as of Oct 25, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (Dividend Safety Score 70+ and yield 2%+): Dividend Safety Score 62/100, yield 3.28%.
A Accelerating
Dividend growth has stalled — 1 consecutive annual increase(s), under the 3 this check looks for.
F Flawless
No calendar year's regular dividend total fell more than 20% below the year before, and no suspension of the regular dividend is on record.
E Enduring
3 year(s) of payments on record, under the 20 this check looks for.

Quote & Key Data

ExchangeOther OTCThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume60,600Oct 23, 2026 sessionHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$10.80Oct 23, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$10.74 – $10.82Oct 23, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$10.48Close of Oct 22, 2026The closing price from the session before the one dated beside these figures.
Market Cap$2.45BAs of Oct 30, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out237.76MImplied by market cap, Oct 30, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)CAD 0.7812 months to Jun 30, 2026 (Q2 FY2026); reported in CADEarnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)19.4Price as of Oct 25, 2026; earnings to Jun 30, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateSep 30, 2026Paid Oct 15, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateN/ANone declared yetThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Dividend Growth

3-Yr Growth (CAGR)N/AThe dividend's average annual growth rate over the period, compounded.
5-Yr Growth (CAGR)N/AThe dividend's average annual growth rate over the period, compounded.
Consecutive Increases1 yrAnnual totals through 2025The number of consecutive years the dividend has increased.

Why the Yield Moved (90 Days)

CDDRF's dividend yield fell from 3.63% to 3.28% over the past ~90 days (-0.35 pp). Of that move, +0.00 pp came from changes in the dividend rate and -0.35 pp from the share price ($9.32 on Aug 03, 2026 → $10.31 on Oct 30, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current3.28%
1-Yr Average3.95%
Low / High3.12% – 6.38%
Percentile6%

Across 272 daily observations over the past 13 months (through Oct 23, 2026), CDDRF's current yield is higher than approximately 6% of them. Our stored price history for CDDRF covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.0845 Q Regular Jul 23, 2026 Sep 30, 2026 Sep 30, 2026 Oct 15, 2026
$0.0846 Q Regular Jul 23, 2026 Sep 29, 2026 Sep 30, 2026 Oct 15, 2026
$0.0845 Q Regular Apr 30, 2026 Jun 30, 2026 Jun 30, 2026 Jul 15, 2026
$0.0788 Q Regular Mar 05, 2026 Mar 31, 2026 Mar 31, 2026 Apr 15, 2026
$0.0802 Q Regular Oct 29, 2025 Dec 31, 2025 Dec 31, 2025 Jan 15, 2026
$0.0791 Q Regular Jul 23, 2025 Sep 29, 2025 Sep 29, 2025 Oct 15, 2025
$0.0808 Q Regular Apr 30, 2025 Jun 30, 2025 Jun 30, 2025 Jul 15, 2025
$0.0765 Q Regular Dec 05, 2024 Mar 31, 2025 Mar 31, 2025 Apr 15, 2025
$0.0695 Q Regular N/A Dec 31, 2024 Dec 31, 2024 Jan 15, 2025
$0.0740 Q Regular N/A Sep 27, 2024 Sep 27, 2024 Oct 15, 2024
$0.0731 Q Regular N/A Jun 28, 2024 Jun 28, 2024 Jul 15, 2024
$0.0737 Q Regular N/A Mar 27, 2024 Mar 29, 2024 Apr 15, 2024
$0.0756 Q Regular Dec 20, 2023 Dec 28, 2023 Dec 29, 2023 Jan 15, 2024
$0.0741 Q Regular Sep 21, 2023 Sep 28, 2023 Sep 29, 2023 Oct 16, 2023
$0.0754 Q Regular Jun 21, 2023 Jun 29, 2023 Jun 30, 2023 Jul 17, 2023
$0.0739 Q Regular Mar 22, 2023 Mar 30, 2023 Mar 31, 2023 Apr 17, 2023
$0.0738 Q Regular Dec 20, 2022 Dec 29, 2022 Dec 30, 2022 Jan 16, 2023

Peer Comparison

Selected Oil & Gas Exploration & Production dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
EOG EOG Resources, Inc. 2.52% 22.8% 8 yrs 80
CNQ Canadian Natural Resources Limited 3.27% 21.8% 9 yrs 78
TPL Texas Pacific Land Corporation 0.73% N/A 4 yrs 76
OXY Occidental Petroleum Corporation 1.78% 3.2% 4 yrs 74

Related Guides & Lists

CDDRF dividend — frequently asked questions

Does Headwater Exploration Inc. pay a dividend?

Yes. Headwater Exploration Inc. (CDDRF) currently pays a dividend. The annualized dividend is about $0.34 per share, a yield of approximately 3.28%.

What is Headwater Exploration Inc.'s dividend yield?

Headwater Exploration Inc.'s dividend yield is approximately 3.28%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does Headwater Exploration Inc. pay dividends?

Headwater Exploration Inc. pays dividends quarterly — 4 times per year.

How long has Headwater Exploration Inc. paid dividends?

Headwater Exploration Inc. has 3 years of dividend payments on record.

Data updated Oct 30, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.