Afentra PLC, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa. The company is involved in the appraisal, exploration, development, and production of oil and gas. It holds 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland. The company was formerly known as Sterling Energy plc and changed its name to Afentra PLC in May 2021. Afentra PLC was incorporated in 1983 and is based in London, the United Kingdom.
Afentra Dividend Announcement
• Afentra does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Afentra dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Afentra Dividend History
Afentra Dividend Yield
Afentra current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Afentra stock? Use our calculator to estimate your expected dividend yield:
Afentra Financial Ratios
Afentra Dividend FAQ
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.
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