Tourmaline Oil raises dividend to $0.36 per share, effective November 18, with a 3.16% yield.

Tourmaline Oil Corp. announced a dividend increase to $0.36 per share, effective for shareholders of record on November 18 and payable on November 26, with an ex-dividend date on November 15. This marks a rise from the previous $0.26 dividend, representing a 3.16% yield. The company, which operates in Canada's oil and natural gas sector, has seen positive analyst ratings and has a market cap of $16.96 billion.

November 13, 2024
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