Precision Drilling Corporation Dividend History | Yield & Payout Insights

For Precision Drilling Corporation (PDS), the latest fiscal-year data shows a dividend yield of 5.12% and a payout ratio of -22.56%. Together, these metrics help you judge how much earnings are returned as dividends and whether the payout looks supported. Review the FY summary and payout history tables below to see the trend over time.

Dividend Performance Chart

Dividend Summary (FY)

9 years
Metric (FY)201520142013201220092008200720062005
Dividends per share (FY)$0.24$0.25$0.21$0.05$0.04$1.50$2.07$3.70$20.08
Dividend yield (FY) %5.12%3.54%2.11%0.61%1.42%10.56%8.11%8.12%0.43%
Payout ratio (FY) %-22.56%220.63%30.40%26.40%16.84%71.45%72.01%76.72%2.08%

Dividend Payout History

53 payments
Pay DateEx-DateRecord DateAmount
2015-11-18November 04, 152015-11-06$0.05
2015-08-21August 06, 152015-08-10$0.05
2015-05-29May 13, 152015-05-15$0.07
2015-03-12February 25, 152015-02-27$0.07
2014-11-24November 12, 142014-11-14$0.07
2014-08-20August 06, 142014-08-08$0.06
2014-05-26May 12, 142014-05-14$0.06
2014-03-14February 25, 142014-02-27$0.06
2013-11-15October 31, 132013-11-04$0.06
2013-08-15August 02, 132013-08-06$0.05
2013-05-15May 02, 132013-05-06$0.05
2013-03-15February 26, 132013-02-28$0.05
2012-12-28December 18, 122012-12-20$0.05
2009-02-17January 28, 092009-01-30$0.04
2009-01-15December 29, 082008-12-31$0.13
2008-12-16November 25, 082008-11-28$0.10
2008-11-18October 29, 082008-10-31$0.10
2008-10-15September 26, 082008-09-30$0.13
2008-09-16August 27, 082008-08-29$0.13
2008-08-15July 29, 082008-07-31$0.13
2008-07-15June 26, 082008-06-30$0.13
2008-06-17May 28, 082008-05-30$0.13
2008-05-15April 28, 082008-04-30$0.13
2008-04-15March 27, 082008-03-31$0.13
2008-03-18February 27, 082008-02-29$0.13
2008-02-15January 29, 082008-01-31$0.13
2008-01-15December 27, 072007-12-31$0.40
2007-12-18November 28, 072007-11-30$0.13
2007-11-15October 29, 072007-10-31$0.13
2007-10-16September 26, 072007-09-28$0.13
2007-09-18August 29, 072007-08-31$0.13
2007-08-15July 27, 072007-07-31$0.13
2007-07-17June 27, 072007-06-29$0.13
2007-06-15May 29, 072007-05-31$0.13
2007-05-15April 26, 072007-04-30$0.19
2007-04-17March 28, 072007-03-30$0.19
2007-03-15February 26, 072007-02-28$0.19
2007-02-15January 29, 072007-01-31$0.19
2007-01-16December 27, 062006-12-31$0.45
2006-12-15November 28, 062006-11-30$0.31
2006-11-15October 27, 062006-10-31$0.31
2006-10-17September 27, 062006-09-29$0.31
2006-09-15August 29, 062006-08-31$0.31
2006-08-15July 27, 062006-07-31$0.31
2006-07-18June 28, 062006-06-30$0.31
2006-06-15May 26, 062006-05-31$0.31
2006-05-16April 26, 062006-04-28$0.27
2006-04-18March 29, 062006-03-31$0.27
2006-03-15February 24, 062006-02-28$0.27
2006-02-15January 27, 062006-01-31$0.27
2006-01-17December 28, 052005-12-31$0.29
2005-12-15November 28, 052005-11-30$0.27
N/ANovember 07, 05N/A$19.52

Frequently Asked Questions

What is Precision Drilling Corporation's current dividend yield and payout ratio?

The dividend yield shows how much Precision Drilling Corporation returns to shareholders relative to its stock price, while the payout ratio indicates how much of its earnings are distributed. Monitoring these metrics helps investors evaluate whether the dividend is sustainable and supported by earnings or cash flow.

How has Precision Drilling Corporation's dividend changed over the last 5 years?

By reviewing the historical dividend payouts for Precision Drilling Corporation, investors can identify trends in growth or cuts. Consistent or rising dividends over time often signal financial stability, while decreasing dividends may indicate potential risks or shifts in business strategy. Use the FY summary and payout history tables to track changes across multiple years.

Is Precision Drilling Corporation a high-yield stock compared to its industry peers?

Comparing Precision Drilling Corporation's dividend yield with similar companies in the same sector helps gauge relative attractiveness. A higher yield can be appealing for income-focused investors, but it's important to assess sustainability alongside profitability and balance-sheet strength. Use the related peers section to benchmark dividend yield and payout characteristics.

Can Precision Drilling Corporation maintain its dividend during market downturns?

Analyzing Precision Drilling Corporation's liquidity, cash flow, and debt levels provides insight into whether it can sustain dividend payments during economic volatility. Stocks with strong financial health are more likely to maintain consistent dividends even when markets fluctuate. Pair dividend metrics with the FY payout ratio and the multi-year history tables for context.

Should I consider Precision Drilling Corporation dividends as part of my long-term investment strategy?

Investors often include Precision Drilling Corporation dividends in a long-term portfolio to generate passive income. Assessing dividend yield, payout ratio, growth history, and financial stability helps determine whether the company fits an income-focused or total-return investment strategy. Review the dividend summary and payout history tables to validate consistency over time.