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Bullboard - Stock Discussion Forum Tourmaline Oil Corp (Alberta) T.TOU

Alternate Symbol(s):  TRMLF

Tourmaline Oil Corp. is a natural gas producer, which is focused on producing natural gas in North America. The Company is focused on long-term growth through an aggressive exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin. It operates in three basins, which include the Alberta Deep Basin, NEBC Montney Gas/Condensate and Peace River Triassic... see more

TSX:TOU - Post Discussion

Tourmaline Oil Corp (Alberta) > No special dividend on Nov 1 like last year.
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Post by Central1951 on Oct 31, 2024 10:30pm

No special dividend on Nov 1 like last year.

Eom
Comment by Lupuslupus on Oct 31, 2024 10:57pm
Wrong  they've already stated SD for the entire year, just a matter of how much it will be
Comment by Central1951 on Nov 01, 2024 11:25am
Sorry, can't find anywhere where they have announced a special for the 3rd quarter 2024, just the regular quarterly dividend of .35.  Last special was .50 for 2nd Q 2024. Last year on Nov 1st 2023 they paid a special of $1.00.  If you can direct me to the source where they announced a special for this Q it would be appreciated. thanks
Comment by Slambee on Nov 01, 2024 2:37pm
Last year they declared the special dividend in conjuction with announcing the bonavista acqusition on October 16.  Otherwise they would have likely declared it with the Q3 2023 results a few weeks later. If they announce a special dividend for Q3 it will be noted with the Q3 2024 results scheduled to be released next week on November 6 after market close. I'm expecting a special div of ...more  
Comment by houbahop on Nov 02, 2024 7:01am
From their March 6th PR: "Tourmaline will pay a special dividend of $0.50/share on March 21, 2024, to shareholders of record on March 14, 2024. Tourmaline intends to pay special dividends in all four quarters of 2024, inclusive of this Q1 2024 special dividend. Tourmaline has also increased its quarterly base dividend by 7% to $0.30/share."
Comment by Central1951 on Nov 04, 2024 8:57am
Thanks Slambee. Nov 21st  is my birthday so a .75 Special would be a nice present
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