TRMLF Tourmaline Oil Corp. — dividend yield, history & ex-dividend dates
Tourmaline Oil Corp. is an energy enterprise dedicated to acquiring, exploring, developing, and producing crude oil and natural gas. Its operations are concentrated within the extensive Western Canadian Sedimentary Basin. The company possesses significant interests in specific geological formations, notably the Alberta Deep Basin, the Montney play in Northeast British Columbia, and the Triassic oil complex located in the Peace River High region. Founded in 2008, Tourmaline Oil maintains its principal office in Calgary, Canada.
Dividend Snapshot
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.
Not Rated
How the Dividend Safety Score is built for TRMLF
| Input | Value | Points | Weight |
|---|---|---|---|
| Earnings payout ratio | Earnings payout ratio 459% (TTM to Jun 30, 2026) | 0 | 20% |
| FCF payout ratio | FCF payout ratio 545% (TTM to Jun 30, 2026) | 0 | 25% |
| Net debt / EBITDA | Net debt / EBITDA 0.5x (TTM to Jun 30, 2026) | 100 | 15% |
| Interest coverage | Interest coverage -3.4x (TTM to Jun 30, 2026) | 0 | 10% |
| Dividend record | 8 years of uninterrupted regular payments | 62 | 20% |
| Earnings stability | Net 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 TRMLF
| Input | Value | Points | Weight |
|---|---|---|---|
| 5-year dividend growth | 5-year dividend CAGR 28.6% (2020–2025) | 100 | 25% |
| Consecutive annual increases | 0 consecutive annual increases (through 2025) | 10 | 20% |
| Payout headroom | Headroom from the earnings payout ratio 459% (TTM to Jun 30, 2026) | 0 | 20% |
| Earnings per share growth (3 years) | EPS CAGR -62.5% (FY2022–FY2025) | 0 | 15% |
| Revenue growth (3 years) | Revenue CAGR -12.5% (FY2022–FY2025) | 10 | 10% |
| 10-year dividend growth | N/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
3.07%
At the Oct 29, 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
$1.4853
Declared Sep 22, 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)
73
As of Oct 29, 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
$41.31 – $50.59
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
-
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
8
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)
1.62
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
Quote & Key Data
Dividend Growth
Why the Yield Moved (90 Days)
TRMLF's dividend yield fell from 3.25% to 3.07% over the past ~90 days (-0.18 pp). Of that move, +0.10 pp came from changes in the dividend rate and -0.28 pp from the share price ($44.17 on Jul 31, 2026 → $48.39 on Oct 29, 2026). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 273 daily observations over the past 13 months (through Oct 23, 2026), TRMLF's current yield is higher than approximately 14% of them. Our stored price history for TRMLF 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 |
|---|---|---|---|---|---|
| $0.3713 Q | Regular upcoming, declared | Sep 22, 2026 | Dec 15, 2026 | Dec 15, 2026 | Dec 31, 2026 |
| $0.3592 Q | Regular | Jul 29, 2026 | Sep 15, 2026 | Sep 15, 2026 | Sep 29, 2026 |
| $0.3576 Q | Regular | May 06, 2026 | Jun 15, 2026 | Jun 15, 2026 | Jun 30, 2026 |
| $0.3654 Q | Regular | Mar 04, 2026 | Mar 16, 2026 | Mar 16, 2026 | Mar 31, 2026 |
| $0.3633 Q | Regular | Nov 05, 2025 | Dec 15, 2025 | Dec 15, 2025 | Dec 31, 2025 |
| $0.1782 S | Special | Nov 05, 2025 | Nov 14, 2025 | Nov 14, 2025 | Nov 25, 2025 |
| $0.3623 Q | Regular | Jul 30, 2025 | Sep 15, 2025 | Sep 15, 2025 | Sep 29, 2025 |
| $0.2545 S | Special | Jul 30, 2025 | Aug 08, 2025 | Aug 08, 2025 | Aug 20, 2025 |
| $0.3688 Q | Special | May 07, 2025 | Jun 16, 2025 | Jun 16, 2025 | Jun 30, 2025 |
| $0.2502 S | Special | May 07, 2025 | May 15, 2025 | May 15, 2025 | May 26, 2025 |
| $0.3477 Q | Regular | Mar 05, 2025 | Mar 14, 2025 | Mar 14, 2025 | Mar 31, 2025 |
| $0.2460 Q | Regular | Dec 02, 2024 | Dec 16, 2024 | Dec 16, 2024 | Dec 31, 2024 |
| $0.3551 S | Special | Nov 06, 2024 | Nov 15, 2024 | Nov 15, 2024 | Nov 26, 2024 |
| $0.2577 Q | Regular | Jul 31, 2024 | Sep 13, 2024 | Sep 13, 2024 | Sep 27, 2024 |
| $0.3642 S | Special | Jul 31, 2024 | Aug 09, 2024 | Aug 09, 2024 | Aug 21, 2024 |
| $0.2329 Q | Regular | Apr 01, 2024 | Jun 14, 2024 | Jun 14, 2024 | Jun 28, 2024 |
| $0.3645 S | Special | May 01, 2024 | May 08, 2024 | May 09, 2024 | May 16, 2024 |
| $0.2219 Q | Regular | Mar 06, 2024 | Mar 14, 2024 | Mar 15, 2024 | Mar 28, 2024 |
| $0.2086 Q | Regular | Dec 01, 2023 | Dec 14, 2023 | Dec 15, 2023 | Dec 29, 2023 |
| $0.7311 S | Special | Oct 16, 2023 | Oct 23, 2023 | Oct 24, 2023 | Nov 01, 2023 |
| $0.1924 Q | Regular | Sep 01, 2023 | Sep 14, 2023 | Sep 15, 2023 | Sep 29, 2023 |
| $0.7442 S | Special | Aug 02, 2023 | Aug 11, 2023 | Aug 14, 2023 | Aug 22, 2023 |
| $0.1957 Q | Regular | Jun 07, 2023 | Jun 14, 2023 | Jun 15, 2023 | Jun 30, 2023 |
| $1.1215 S | Special | N/A | May 10, 2023 | May 11, 2023 | May 19, 2023 |
| $0.1828 Q | Regular | Mar 01, 2023 | Mar 14, 2023 | Mar 15, 2023 | Mar 31, 2023 |
| $1.4949 S | Special | Jan 12, 2023 | Jan 23, 2023 | Jan 24, 2023 | Feb 01, 2023 |
| $0.1843 Q | Regular | N/A | Dec 14, 2022 | Dec 15, 2022 | Dec 30, 2022 |
| $1.6764 S | Special | N/A | Nov 08, 2022 | Nov 09, 2022 | Nov 18, 2022 |
| $0.1710 Q | Regular | N/A | Sep 14, 2022 | Sep 15, 2022 | Sep 29, 2022 |
| $1.5560 S | Special | N/A | Aug 04, 2022 | Aug 05, 2022 | Aug 12, 2022 |
| $0.1740 Q | Regular | N/A | Jun 14, 2022 | Jun 15, 2022 | Jun 30, 2022 |
| $1.1589 S | Special | N/A | May 11, 2022 | May 12, 2022 | May 19, 2022 |
| $0.1566 Q | Regular | N/A | Mar 14, 2022 | Mar 15, 2022 | Mar 31, 2022 |
| $0.9872 S | Special | Jan 18, 2022 | Jan 24, 2022 | Jan 25, 2022 | Feb 01, 2022 |
| $0.1401 Q | Regular | N/A | Dec 14, 2021 | Dec 15, 2021 | Dec 31, 2021 |
| $0.5918 S | Special | N/A | Sep 30, 2021 | Oct 01, 2021 | Oct 07, 2021 |
| $0.1342 Q | Regular | N/A | Sep 14, 2021 | Sep 15, 2021 | Sep 29, 2021 |
| $0.1319 Q | Regular | N/A | Jun 14, 2021 | Jun 15, 2021 | Jun 30, 2021 |
| $0.1282 Q | Regular | N/A | Mar 17, 2021 | Mar 18, 2021 | Mar 31, 2021 |
| $0.1096 Q | Regular | N/A | Dec 14, 2020 | Dec 15, 2020 | Dec 31, 2020 |
| $0.0911 Q | Regular | N/A | Sep 14, 2020 | Sep 15, 2020 | Sep 30, 2020 |
| $0.0883 Q | Regular | N/A | Jun 12, 2020 | Jun 15, 2020 | Jun 30, 2020 |
| $0.0858 Q | Regular | Mar 04, 2020 | Mar 13, 2020 | Mar 16, 2020 | Mar 31, 2020 |
| $0.0909 Q | Regular | N/A | Dec 13, 2019 | Dec 16, 2019 | Dec 31, 2019 |
| $0.0904 Q | Regular | N/A | Sep 13, 2019 | Sep 16, 2019 | Sep 30, 2019 |
| $0.0900 Q | Regular | Jun 10, 2019 | Jun 13, 2019 | Jun 14, 2019 | Jun 28, 2019 |
| $0.0751 Q | Regular | Mar 05, 2019 | Mar 14, 2019 | Mar 15, 2019 | Mar 29, 2019 |
| $0.0749 Q | Regular | Dec 05, 2018 | Dec 13, 2018 | Dec 14, 2018 | Dec 28, 2018 |
| $0.0769 Q | Regular | Sep 05, 2018 | Sep 13, 2018 | Sep 14, 2018 | Sep 28, 2018 |
| $0.0689 Q | Regular | Jun 06, 2018 | Jun 14, 2018 | Jun 15, 2018 | Jun 29, 2018 |
| $0.0619 Q | Regular | Mar 06, 2018 | Mar 13, 2018 | Mar 14, 2018 | Mar 29, 2018 |
Peer Comparison
Selected Oil & Gas Exploration & Production dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| EOG | EOG Resources, Inc. | 2.54% | 22.8% | 8 yrs | 80 |
| CNQ | Canadian Natural Resources Limited | 3.29% | 21.8% | 9 yrs | 78 |
| TPL | Texas Pacific Land Corporation | 0.72% | N/A | 4 yrs | 76 |
| OXY | Occidental Petroleum Corporation | 1.78% | 3.2% | 4 yrs | 74 |
Related Guides & Lists
TRMLF dividend — frequently asked questions
Does Tourmaline Oil Corp. pay a dividend?
Yes. Tourmaline Oil Corp. (TRMLF) currently pays a dividend. The annualized dividend is about $1.49 per share, a yield of approximately 3.07%.
What is Tourmaline Oil Corp.'s dividend yield?
Tourmaline Oil Corp.'s dividend yield is approximately 3.07%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does Tourmaline Oil Corp. pay dividends?
Tourmaline Oil Corp. pays dividends quarterly — 4 times per year.
When is Tourmaline Oil Corp.'s next ex-dividend date?
The next declared ex-dividend date for Tourmaline Oil Corp. is December 15, 2026. The associated payment is $0.3713 per share; you must own the shares before the ex-dividend date to receive it.
How long has Tourmaline Oil Corp. paid dividends?
Tourmaline Oil Corp. has 8 years of dividend payments on record.
Data updated Oct 29, 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.