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Africa Energy Corp. operates as an oil and gas exploration and production company in South Africa and Namibia. It holds a 27.5% participating interest in the Exploration Right for Block 2B offshore that covers an area of 3,062 square kilometers located in the west coast of South Africa; 43.85% interest in the Petroleum Exploration License 37 covering an area of 17,295 square kilometers located in the northern Namibian offshore region; and 49% interest in the Exploration Right for Block 11B/12B covering an area of approximately 19,000 square kilometers located in the Outeniqua Basin off the southern coast of South Africa. The company was formerly known as Horn Petroleum Corporation and changed its name to Africa Energy Corp. in March 2015. Africa Energy Corp. was incorporated in 2010 and is headquartered in Vancouver, Canada.

Africa Energy Dividend Announcement

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

Africa Energy Dividend History

Africa Energy Dividend Yield

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

Africa Energy Financial Ratios

P/E ratio-0.12
PEG ratio0.03
P/B ratio0.78
ROE-262.70%
Payout ratio0.00%
Current ratio0.25
Quick ratio0.25
Cash Ratio0.24

Africa Energy Dividend FAQ

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