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Akastor ASA operates as an oilfield services investment company. The company offers vessel-based subsea well construction and intervention services to the oil and gas industry. It also provides well design and drilling project management services; reservoir and field management services; rig procurement, tailored training, software, and technical manpower services, as well as well and reservoir consultancy services. In addition, the company owns five offshore vessels. Akastor ASA was founded in 1841 and is based in Bærum, Norway.

Akastor Dividend Announcement

Akastor announced a annually dividend of $0.69 per ordinary share which will be made payable on . Ex dividend date: 2014-04-11
Akastor's trailing twelve-month (TTM) dividend yield is -%

Akastor Dividend History

Ex-Div dateDividend amountDividend typePay date
2014-04-11$0.69annually
2013-04-15$18.00annually
2011-05-09$12.38annually
2010-04-09$11.70annually
2009-04-03$7.20annually

Akastor Dividend per year

Akastor Dividend growth

Akastor Dividend Yield

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

Akastor Financial Ratios

P/E ratio3.04
PEG ratio-0.00
P/B ratio0.68
ROE27.15%
Payout ratio0.00%
Current ratio1.80
Quick ratio1.80
Cash Ratio1.59

Akastor Dividend FAQ

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