Generating free cash flow growth while paying reliable and sustainable dividends to shareholders.
Topaz is led by a strong, creative management team that draws from its unique industry experience to create a modern hybrid company focused on growth, sustainability and delivering strong financial performance.
Topaz's dividend policy undergoes a quarterly review by the Board of Directors and is subject to change at any time depending upon the earnings of the Company, its financial requirements and other factors existing at the time. On March 6, 2020, the Board of Directors approved a dividend policy for the payment of Topaz's first quarterly dividend.
Topaz's history on dividend payments is as follows:
March 31, 2020: $0.20
June 30, 2020: $0.20
September 30, 2020: $0.20
December 31, 2020: $0.20
March 31, 2021: $0.20
Dividend Tax Information
This summary is of a general nature only and is not intended to be nor should it be construed to be legal or tax advice to any particular shareholder. Shareholders are encouraged to consult their own tax advisors regarding the tax consequences and reporting obligations to them of receiving cash dividends.
Canadian Resident Individual Shareholders
Unless otherwise indicated, dividends paid by Topaz will be designated as “eligible dividends” for Canadian income tax purposes. An eligible dividend paid to a Canadian resident is entitled to the enhanced dividend credit.
Analysts currently provide research coverage on Topaz Energy. Opinions, estimates or forecasts regarding Topaz's performance made by these analysts are not the opinions, estimates or forecasts of Topaz Energy. The list below is provided only as a convenience, for information purposes only and is subject to change.
Brent WatsonCormark Securities
David PopowichCIBC World Markets
Michael CharltonIndustrial Alliance Securities
Ray KwanBMO Capital Markets
Robert FitzmartynSTIFEL FirstEnergy
Dan PayneNational Bank Financial
Cindy LuuPeters & Co.
Luke DavisRBC Capital Markets
Andrew BirkbyCanaccord Genuity
Chris CoxRaymond James
Jeffrey CraigVeritas Investment Research
Schedule of Events
Q4 2020 Results
March 17, 2021 after market close
Conference Call - March 18, 2021 9AM MST
1-888-664-6392 (North American toll free)
Conference ID: 26428688
Q4 Conference Call Playback: http://playback.conferenceconsole.com/recordings/rec26428688_20210318103551.mp3
Q1 2021 Results
May 6, 2021 after market close
2020 Annual & Special Meeting of Shareholders
June 9, 2021
Q2 2021 Results
July 29, 2021 after market close
Q3 2021 Results
November 4, 2021 after market close