SmarterDividends
TRMLF

Tourmaline Oil (TRMLF) Dividend

Tourmaline Oil Corp. · Energy · Oil & Gas E&P · quarterly payer

$45.98

Overvalued · -26% Add to Portfolio

As of Nov 5, 2026, Tourmaline Oil (TRMLF) pays a quarterly dividend of $0.36 per share, or $1.50 a year, a 3.32% yield at its $45.98 share price. The next ex-dividend date is Dec 15, 2026, paid Dec 31, 2026. It has a dividend safety grade of B.

Forward Yield

3.32%

Annual Dividend

$1.50

Payout Ratio

96%

5-Yr Growth

26.6%

Ex-Date

Dec 15, 2026

Frequency

Quarterly

Key facts about TRMLF's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Tourmaline Oil Corp. (TRMLF) has a forward dividend yield of 3.32%, based on an annual dividend of $1.50 per share and a share price of $45.98.
  • As of Nov 5, 2026, TRMLF's dividend safety grade from SmarterDividends is B (70 out of 100), which rates the dividend as safe.
  • TRMLF has never cut its regular dividend in the payment history SmarterDividends has on record.
  • TRMLF's next ex-dividend date is Dec 15, 2026, with payment on Dec 31, 2026. Shares must be owned before that date to receive the dividend.
  • As of Nov 5, 2026, TRMLF pays out 96% of its trailing 12-month earnings as dividends (its payout ratio).
  • TRMLF's dividend has grown at an average rate of 26.6% a year over the past five years.
  • As of Nov 5, 2026, TRMLF's 3.32% yield is 53% below its five-year average yield of 7.09%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for TRMLF is $33.92 per share, 26% below the $45.98 share price, so TRMLF screens as overvalued.
  • Tourmaline Oil Corp. (TRMLF) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "TRMLF Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/TRMLF

Is TRMLF a good dividend stock?

Yes, with caveats

Tourmaline Oil Corp. (TRMLF) pays a quarterly dividend yielding 3.32% ($1.50/yr), with 1 year of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record
  • Strong 26.6% 5-yr dividend growth
  • 47% total price return over 5 years

Risks

  • Elevated payout ratio (96%)

Key Data

Dividend Yield
3.32%
Payout Ratio
96%
Annual Dividend
$1.50
5-Yr Avg Growth
26.6%
Ex-Dividend Date
Dec 15, 2026
Years of Growth
1
Frequency
quarterly
Beta
—
Market Cap
$17.9B
P/E Ratio
68.6
5-Yr Total Return
47%
52-Week Range
$40.04 – $51.20
Dividend Safety
B · 70/100
Ever Cut?
No

TRMLF dividend changes

Tourmaline Oil Corp. (TRMLF) pays a variable dividend: across the 49 payments on record since 2018, 25 were higher than the one before and 7 lower. The latest change was up 0.8% to $0.360 per share, going ex-dividend on Sep 15, 2026.

Ex-dateChangeOld → newMove
Sep 15, 2026Higher$0.357 → $0.360+0.8%
Jun 15, 2026Lower$0.364 → $0.357−1.9%
Mar 16, 2026Higher$0.362 → $0.364+0.6%
Sep 15, 2025Higher$0.255 → $0.362+42.0%
Aug 8, 2025Higher$0.251 → $0.255+1.6%
May 15, 2025Higher$0.244 → $0.251+2.9%
Dec 16, 2024Lower$0.356 → $0.246−30.9%
Nov 15, 2024Higher$0.258 → $0.356+38.0%
Sep 13, 2024Higher$0.233 → $0.258+10.7%
Jun 14, 2024Higher$0.223 → $0.233+4.5%
Mar 14, 2024Higher$0.207 → $0.223+7.7%
Dec 14, 2023Higher$0.192 → $0.207+7.8%
Every TRMLF payment →Download every raise and cut (CSV)
TRMLF ex-dividend date & scheduleNext ex-date Dec 15, 2026 · full ex-dividend historyView →TRMLF dividend historyEvery payment, totals by year, raises and cutsView →TRMLF dividend calculator100 shares pay $150.00 a year, $37.50 each quarterCalculate →TRMLF total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is TRMLF a good dividend stock?

Yes, with caveats. Tourmaline Oil Corp. (TRMLF) pays a quarterly dividend yielding 3.32% ($1.50/yr), with 1 year of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is TRMLF undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, TRMLF's fair value is about $33.92 versus a $45.98 share price — so it looks overvalued (-26% vs. fair value).

Is TRMLF's dividend safe?

TRMLF has a dividend-safety grade of B (70/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is TRMLF's fair value?

Our blended fair-value estimate for TRMLF is about $33.92 per share, about 26% below the current $45.98 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is TRMLF a buy, hold, or sell?

We don't issue formal ratings, but on the data TRMLF screens as "yes, with caveats" and overvalued. Tourmaline Oil Corp. (TRMLF) pays a quarterly dividend yielding 3.32% ($1.50/yr), with 1 year of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will TRMLF cut its dividend?

TRMLF earns a dividend-safety grade of B (70/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does TRMLF pay a dividend?

Yes. Tourmaline Oil Corp. pays a quarterly dividend of about $1.50 per share annually, a forward yield of roughly 3.32%.

How much dividend does 100 shares of TRMLF pay?

At $1.50 per share a year, 100 shares of TRMLF pay $150.00 a year in dividends before tax, about $37.50 each quarter. Buying them costs about $4,598 at the Nov 5, 2026 price.

What is TRMLF's dividend yield?

As of Nov 5, 2026, TRMLF's forward dividend yield is 3.32%, based on a $1.50 annual dividend and a $45.98 share price.

What is TRMLF's dividend per share?

As of Nov 5, 2026, TRMLF pays $1.50 per share per year, distributed on a quarterly basis.

What is TRMLF's dividend payout ratio?

As of Nov 5, 2026, TRMLF's payout ratio is 96% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has TRMLF grown its dividend?

As of Nov 5, 2026, TRMLF has increased its dividend for 1 consecutive years.

When is the next TRMLF ex-dividend date?

As of Nov 5, 2026, the next ex-dividend date on record for TRMLF is Dec 15, 2026.

Income Calculator

At $1.50 / yr per share

Per payment (quarterly)$37.50
Annual$150.00
Monthly avg$12.50
Full TRMLF dividend calculator →

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