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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2014-04-11 | $0.69 | annually | |
2013-04-15 | $18.00 | annually | |
2011-05-09 | $12.38 | annually | |
2010-04-09 | $11.70 | annually | |
2009-04-03 | $7.20 | annually |
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
Akastor 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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