Market dataIncome framework read
Dividend CompanyTSXCanada

ARX.TO

ARC Resources

EnergyPlain dividendQuarterly

Market Snapshot

$29.94

-$0.46 (-1.51%)

Toronto

Yield

2.81%

Rate $0.84

Next Payment

Next pay in 21 days

Ex-date 2026-06-30

52wk Position

76.92%

-8.10% below high

Updated just now

Income Intelligence Summary

Deterministic interpretation from Prospyr's income framework and available market data.

Framework readout
1

Income reliability

Derived from payout history

Quarterly income profile is visible

ARX.TO has an income profile aligned with its dividend company role. Provider data shows 4 recent payout records.

2

DRIP defense

Editorial framework

Default DRIP test is not defended

ARX.TO does not cover one full share per payment at the default 100-share test. Coverage is 0.7.

3

Main watch item

Editorial framework

DRIP coverage is the weak point

ARX.TO is below the defended default DRIP zone. The practical watch item is share count versus current price, not just stated yield.

Decision Area

Distribution and DRIP Defense

Payout history, default DRIP coverage, and price creep pressure using market data where available.

Distribution Chart

Last 12 payments

Confirmed Expected

Coverage Ratio Test

DRIP defense check

Failed
Cash
$21.00
APR
0.701
Coverage
0.701

Rung failed. Restore immediately or rebalance the holding.

Price Creep

Defended price ceiling

Max defended
$21.00
Cushion
-$8.94
Cushion %
-29.86%
Current $29.94Break $21.00

Smart Recommendation

ARX.TO is not defended at these inputs; top up shares, lower TPR, or test alternatives.

Research Signals

Payout sustainability

Moderate

1mo ago

DRIP availability

Available

1mo ago

Tax character

Eligible dividend

1mo ago

Distribution history

5–10 yr track

1mo ago

Structure complexity

Simple

1mo ago

Income trend

Stable

1mo ago

Account suitability

Non-reg: eligible div

1mo ago

Structure Overview

ARC Resources (ARX) is one of Canada's largest natural gas and condensate producers, focused on the Montney formation in Alberta and British Columbia. ARC established a dividend after its merger with Seven Generations Energy in 2021; eligible dividends are paid monthly, which is relatively uncommon for an E&P company.

Canadian Planning Notes

  • 1ARX's monthly payout is unusual for an E&P company and useful for income calendaring; verify that the current payout ratio is supported by realized natural gas prices.
  • 2Eligible dividends qualify for the tax credit; Montney production costs are among the lowest in North America, supporting payout resilience through commodity cycles.
  • 3DRIP is available; natural gas price sensitivity is the primary payout risk factor to model.

Market Facts

Market Data

A factual market, distribution, valuation, and financial snapshot for this holding.

Market Data

Market data

Updated facts where available

Price

$29.94

Previous close

$30.40

Day range

$29.78 - $30.15

52wk range

$21.14 - $32.58

Market cap

17B

Volume

4.2M

Avg volume

5.4M

Exchange

Toronto

Dividend and distribution

Forward rate

$0.84

Trailing rate

$0.80

Forward yield

2.81%

Trailing yield

2.63%

Per payment

$0.21

Cadence

Quarterly

Next ex-date

Jun 30, 2026

Next pay

Jul 15, 2026

Last dividend

$0.21

Last dividend date

Mar 31, 2026

Performance

Daily change

-$0.46

Daily change %

-1.51%

52wk position

76.92%

Below 52wk high

-8.10%

Above 52wk low

41.63%

Open

$29.95

Earnings and financials

Trailing EPS

2.53

Forward EPS

2.42

Revenue

6.4B

Revenue growth

19.60%

Profit margin

22.74%

Operating margin

41.28%

Payout ratio

N/A

Free cash flow

891M

Total cash

4.1M

ROE

17.41%

ROA

8.75%

Debt/equity

43.61

Beta

0.13

Valuation

Trailing P/E

11.83

Forward P/E

12.37

Price/sales

2.65

Price/book

1.97

Enterprise value

20.7B

EV/EBITDA

5.8

Analyst facts

Target mean

$33.18

Target high

$43.00

Target low

$31.00

Recommendation mean

3

Recommendation key

hold

Analysts

17

Canadian Context

Account placement

Non-registered

Eligible Canadian dividends qualify for the dividend tax credit, which can improve after-tax income in taxable accounts.

TFSA: Tax-free growth and withdrawals.

RRSP: Tax-deferred growth, with withdrawals taxed as regular income.

Eligible dividend tax credit

Total credit
$345.27
Effective rate
34.53%

Broker DRIP status

Questrade

Available

Wealthsimple

Available

RBC Direct Investing

Available

TD Direct Investing

Available

Run Your Numbers

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This profile is informational only and does not constitute licensed financial advice. Signal values, planning notes, market data, and structure summaries may not reflect the most current issuer disclosures. Always verify current payout policy, ex-dividend dates, financial statements, and issuer communications before making any investment decision.