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88 Energy Limited is an Australian-based company exploring for oil and gas properties in the United States. It holds interests in projects located in the North Slope of Alaska, including the Icewine, Yukon, Peregrine, and Umiat Oil Field projects. Formerly known as Tangiers Petroleum Limited, the company changed its name to 88 Energy Limited in 2015.

88 Energy Dividend Announcement

88 Energy does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
Stay tuned for updates on 88 Energy dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

88 Energy Dividend History

88 Energy Dividend Yield

88 Energy current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing 88 Energy stock? Use our calculator to estimate your expected dividend yield:

88 Energy Financial Ratios

P/E ratio-1.18
PEG ratio0.01
P/B ratio0.38
ROE-30.80%
Payout ratio0.00%
Current ratio8.51
Quick ratio8.51
Cash Ratio4.40

88 Energy Dividend FAQ

Does 88 Energy stock pay dividends?
88 Energy does not currently pay dividends to its shareholders.
Has 88 Energy ever paid a dividend?
No, 88 Energy has no a history of paying dividends to its shareholders. 88 Energy is not known for its dividend payments.
Why doesn't 88 Energy pay dividends?
There are several potential reasons why 88 Energy would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will 88 Energy ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While 88 Energy has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is 88 Energy a dividend aristocrat?
88 Energy is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is 88 Energy a dividend king?
88 Energy is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is 88 Energy a dividend stock?
No, 88 Energy is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy 88 Energy stocks?
To buy 88 Energy you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy 88 Energy stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.