SmarterDividends
TRMO

Tourmaline Oil (TRMOY) Dividend

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

$16.00

Overvalued · -56% Add to Portfolio

As of Nov 5, 2026, Tourmaline Oil (TRMOY) pays a quarterly dividend, or $0.35 a year, a 2.21% yield at its $16.00 share price. It pays every quarter, usually in April, June and September.

Forward Yield

2.21%

Annual Dividend

$0.35

Payout Ratio

70%

5-Yr Growth

—

Ex-Date

Sep 15, 2026

Frequency

Quarterly

Key facts about TRMOY's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Tourmaline Oil Corp. (TRMOY) has a forward dividend yield of 2.21%, based on an annual dividend of $0.35 per share and a share price of $16.00.
  • TRMOY has never cut its regular dividend in the payment history SmarterDividends has on record.
  • TRMOY's most recent ex-dividend date was Sep 15, 2026, for a dividend of $0.12 per share.
  • As of Nov 5, 2026, TRMOY pays out 70% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for TRMOY is $7.12 per share, 56% below the $16.00 share price, so TRMOY screens as overvalued.
  • Tourmaline Oil Corp. (TRMOY) pays its dividend quarterly, 4 times a year.
  • Tourmaline Oil Corp. (TRMOY) has raised its regular dividend 1 time and cut it 1 time across the 3 payments on record since 2026. Its most recent change was a 2.7% cut to $0.117 per share, going ex-dividend on Sep 15, 2026.
Cite this page

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

Is TRMOY a good dividend stock?

Mixed

Tourmaline Oil Corp. (TRMOY) pays a quarterly dividend yielding 2.21% ($0.35/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Never cut its dividend on record

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
2.21%
Payout Ratio
70%
Annual Dividend
$0.35
5-Yr Avg Growth
—
Ex-Dividend Date
Sep 15, 2026
Years of Growth
0
Frequency
quarterly
Beta
—
Market Cap
$18.7B
P/E Ratio
72.7
5-Yr Total Return
—
52-Week Range
$13.65 – $19.90
Dividend Safety
—
Ever Cut?
No

TRMOY dividend raises and cuts

Tourmaline Oil Corp. (TRMOY) has raised its regular dividend 1 time and cut it 1 time across the 3 payments on record since 2026. Its most recent change was a 2.7% cut to $0.117 per share, going ex-dividend on Sep 15, 2026.

Ex-dateChangeOld → newMove
Sep 15, 2026Cut$0.120 → $0.117−2.7%
Jun 15, 2026Raise$0.119 → $0.120+1.1%
Every TRMOY payment →Download every raise and cut (CSV)
TRMOY ex-dividend date & scheduleNext ex-date Sep 15, 2026 · full ex-dividend historyView →TRMOY dividend historyEvery payment, totals by year, raises and cutsView →TRMOY dividend calculator100 shares pay $35.00 a year, $8.75 each quarterCalculate →

Frequently Asked Questions

Is TRMOY a good dividend stock?

Mixed. Tourmaline Oil Corp. (TRMOY) pays a quarterly dividend yielding 2.21% ($0.35/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Is TRMOY undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, TRMOY's fair value is about $7.12 versus a $16.00 share price — so it looks overvalued (-56% vs. fair value).

What is TRMOY's fair value?

Our blended fair-value estimate for TRMOY is about $7.12 per share, about 56% below the current $16.00 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is TRMOY a buy, hold, or sell?

We don't issue formal ratings, but on the data TRMOY screens as "mixed" and overvalued. Tourmaline Oil Corp. (TRMOY) pays a quarterly dividend yielding 2.21% ($0.35/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

Does TRMOY pay a dividend?

Yes. Tourmaline Oil Corp. pays a quarterly dividend of about $0.35 per share annually, a forward yield of roughly 2.21%.

How much dividend does 100 shares of TRMOY pay?

At $0.35 per share a year, 100 shares of TRMOY pay $35.00 a year in dividends before tax, about $8.75 each quarter. Buying them costs about $1,600 at the Nov 5, 2026 price.

What is TRMOY's dividend yield?

As of Nov 5, 2026, TRMOY's forward dividend yield is 2.21%, based on a $0.35 annual dividend and a $16.00 share price.

What is TRMOY's dividend per share?

As of Nov 5, 2026, TRMOY pays $0.35 per share per year, distributed on a quarterly basis.

What is TRMOY's dividend payout ratio?

As of Nov 5, 2026, TRMOY's payout ratio is 70% of trailing 12-month earnings — a moderate level that's generally sustainable.

How many years has TRMOY grown its dividend?

TRMOY does not currently have a long dividend-growth streak on record.

When is the next TRMOY ex-dividend date?

As of Nov 5, 2026, TRMOY's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $0.12 per share.

Income Calculator

At $0.35 / yr per share

Per payment (quarterly)$8.75
Annual$35.00
Monthly avg$2.92
Full TRMOY dividend calculator →

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