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Aban Offshore Limited, together with its subsidiaries, provides offshore drilling and production services to companies engaged in the exploration, development, and production of oil and gas in India and internationally. It offers exploratory, drilling, hydrocarbons production, and manning and management services. The company owns and operates various offshore drilling rigs, drill ships, and floating production units. It also engages in the ownership and operation of wind turbines for the generation of wind power. The company's wind farms are located at Radhapuram, Pazhavoor, and Kavalkinaru in Tirunelveli District, Tamil Nadu. Aban Offshore Limited was incorporated in 1986 and is based in Chennai, India.

Aban Offshore Dividend Announcement

• Aban Offshore announced a annually dividend of ₹3.60 per ordinary share which will be made payable on 2015-10-23. Ex dividend date: 2015-09-14
• Aban Offshore's trailing twelve-month (TTM) dividend yield is -%

Aban Offshore Dividend History

Ex-Div dateDividend amountDividend typePay date
2015-09-14₹3.60annually2015-10-23
2014-09-10₹3.60annually
2013-09-11₹3.60annually2013-10-20
2012-09-12₹3.60annually2012-10-21
2011-09-19₹3.60annually2011-10-28
2010-09-15₹3.60annually2010-10-24
2009-09-08₹3.60annually2009-10-01
2008-09-08₹3.60annually2008-10-01
2007-08-08₹3.00annually2007-09-01
2006-07-06₹2.60annually2006-07-23
2005-08-22₹2.00annually2005-09-08
2004-09-08₹7.50annually2004-09-25

Aban Offshore Dividend per year

Aban Offshore Dividend growth

Aban Offshore Dividend Yield

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

Aban Offshore Financial Ratios

P/E ratio-0.33
PEG ratio-0.03
P/B ratio-0.02
ROE5.21%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Aban Offshore Dividend FAQ

Does Aban Offshore stock pay dividends?
Aban Offshore does not currently pay dividends to its shareholders.
Has Aban Offshore ever paid a dividend?
No, Aban Offshore has no a history of paying dividends to its shareholders. Aban Offshore is not known for its dividend payments.
Why doesn't Aban Offshore pay dividends?
There are several potential reasons why Aban Offshore 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 Aban Offshore 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 Aban Offshore 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 Aban Offshore a dividend aristocrat?
Aban Offshore 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 Aban Offshore a dividend king?
Aban Offshore 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 Aban Offshore a dividend stock?
No, Aban Offshore 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 Aban Offshore stocks?
To buy Aban Offshore 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 Aban Offshore 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.