AKITA Drilling Ltd. is an oil and gas drilling contractor in Canada and the United States. It provides contract drilling services to the oil and gas industry. The company is involved in the drilling of oil and gas wells; other forms of drilling related to potash mining; and development of storage caverns. It specializes in pad and other purpose-built drilling rigs; and conventional drilling services. As of December 31, 2021, the company had 14 wholly owned and operated drilling rigs in Canada; and 8 XDR 500 rigs and 3 XDR 850XE rigs in the United States. The company was founded in 1964 and is headquartered in Calgary, Canada.
AKITA Drilling Dividend Announcement
• AKITA Drilling announced a quarterly dividend of $0.09 per ordinary share which will be made payable on 2019-07-03. Ex dividend date: 2019-06-18
• AKITA Drilling's trailing twelve-month (TTM) dividend yield is -%
AKITA Drilling Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2019-06-18 | $0.09 | quarterly | 2019-07-03 |
2019-03-14 | $0.09 | quarterly | 2019-04-02 |
2018-12-13 | $0.09 | quarterly | 2019-01-04 |
2018-09-14 | $0.09 | quarterly | 2018-10-01 |
2018-06-15 | $0.09 | quarterly | 2018-07-02 |
2018-03-15 | $0.09 | quarterly | 2018-04-03 |
2017-12-14 | $0.09 | quarterly | 2018-01-05 |
2017-09-15 | $0.09 | quarterly | 2017-10-02 |
2017-06-15 | $0.09 | quarterly | 2017-07-03 |
2017-03-15 | $0.09 | quarterly | |
2016-12-14 | $0.09 | quarterly | |
2016-09-15 | $0.09 | quarterly | |
2016-06-16 | $0.09 | quarterly | |
2016-03-15 | $0.09 | quarterly | |
2015-12-15 | $0.09 | quarterly | |
2015-09-15 | $0.09 | quarterly | |
2015-06-16 | $0.09 | quarterly | |
2015-03-16 | $0.09 | quarterly | |
2014-12-17 | $0.09 | quarterly | |
2014-09-15 | $0.09 | quarterly | |
2014-06-16 | $0.09 | quarterly | |
2014-03-14 | $0.09 | quarterly | |
2013-12-17 | $0.08 | quarterly | |
2013-11-15 | $0.08 | quarterly | |
2013-08-15 | $0.08 | quarterly | |
2013-06-14 | $0.08 | quarterly | |
2013-03-14 | $0.08 | quarterly | |
2012-12-14 | $0.07 | quarterly | |
2012-09-13 | $0.07 | quarterly | |
2012-06-15 | $0.07 | quarterly | |
2012-03-15 | $0.07 | quarterly | |
2011-12-15 | $0.07 | quarterly | |
2011-09-15 | $0.07 | quarterly | |
2011-06-16 | $0.07 | quarterly | |
2011-03-24 | $0.07 | quarterly | |
2010-12-16 | $0.07 | quarterly | |
2010-10-04 | $0.07 | quarterly | |
2010-06-17 | $0.07 | quarterly | |
2010-03-30 | $0.07 | quarterly | |
2009-12-16 | $0.07 | quarterly | |
2009-09-23 | $0.07 | quarterly |
AKITA Drilling Dividend per year
AKITA Drilling Dividend growth
AKITA Drilling Dividend Yield
AKITA Drilling current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing AKITA Drilling stock? Use our calculator to estimate your expected dividend yield:
AKITA Drilling Financial Ratios
AKITA Drilling Dividend FAQ
Other factors to consider when evaluating AKITA Drilling as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: AKITA Drilling's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, AKITA Drilling publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, AKITA Drilling distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from AKITA Drilling are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: AKITA Drilling sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, AKITA Drilling distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: AKITA Drilling declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of AKITA Drilling's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review AKITA Drilling's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.