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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 dateDividend amountDividend typePay date
2019-06-18$0.09quarterly2019-07-03
2019-03-14$0.09quarterly2019-04-02
2018-12-13$0.09quarterly2019-01-04
2018-09-14$0.09quarterly2018-10-01
2018-06-15$0.09quarterly2018-07-02
2018-03-15$0.09quarterly2018-04-03
2017-12-14$0.09quarterly2018-01-05
2017-09-15$0.09quarterly2017-10-02
2017-06-15$0.09quarterly2017-07-03
2017-03-15$0.09quarterly
2016-12-14$0.09quarterly
2016-09-15$0.09quarterly
2016-06-16$0.09quarterly
2016-03-15$0.09quarterly
2015-12-15$0.09quarterly
2015-09-15$0.09quarterly
2015-06-16$0.09quarterly
2015-03-16$0.09quarterly
2014-12-17$0.09quarterly
2014-09-15$0.09quarterly
2014-06-16$0.09quarterly
2014-03-14$0.09quarterly
2013-11-15$0.08quarterly
2013-08-15$0.08quarterly
2013-06-14$0.08quarterly
2013-03-14$0.08quarterly
2012-12-14$0.07quarterly
2012-09-13$0.07quarterly
2012-06-15$0.07quarterly
2012-03-15$0.07quarterly
2011-12-15$0.07quarterly
2011-09-15$0.07quarterly
2011-06-16$0.07quarterly
2011-03-24$0.07quarterly
2010-12-16$0.07quarterly
2010-10-04$0.07quarterly
2010-06-17$0.07quarterly
2010-03-30$0.07quarterly
2009-12-16$0.07quarterly
2009-09-23$0.07quarterly

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

P/E ratio13.30
PEG ratio0.24
P/B ratio0.41
ROE3.08%
Payout ratio0.00%
Current ratio1.69
Quick ratio1.69
Cash Ratio0.21

AKITA Drilling Dividend FAQ

How much is the next AKITA Drilling dividend?
AKITA Drilling's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next AKITA Drilling dividend. The next AKITA Drilling dividend will be released in March, June, September, or December.
When is AKITA Drilling dividend paid?
AKITA Drilling pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does AKITA Drilling pay?
The specific amount of AKITA Drilling dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find AKITA Drilling's dividend history.
Does AKITA Drilling stock pay dividends?
Yes, AKITA Drilling does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find AKITA Drilling's dividend history.
How much dividend does AKITA Drilling pay?
AKITA Drilling paid $0.0 in 2024, $0.0 in 2023, $0.0 in 2022, $0.0 in 2021, and $0.0 in 2020.
How often does AKITA Drilling pay dividends?
AKITA Drilling typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is AKITA Drilling's dividend yield?
The current dividend yield for AKITA Drilling is -%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate AKITA Drilling's exact dividend yield.
When does AKITA Drilling go ex dividend?
AKITA Drilling's ex-dividend date for the latest dividend was on 2019-06-18. AKITA Drilling typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next AKITA Drilling dividend paid?
AKITA Drilling pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will AKITA Drilling increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether AKITA Drilling will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is AKITA Drilling dividend per share?
AKITA Drilling paid $0.0 per share in 2024 and $0.0 per share in 2023. The amount of dividend per share that AKITA Drilling pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is AKITA Drilling a dividend aristocrat?
No, 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 AKITA Drilling a dividend king?
No, 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 AKITA Drilling a dividend stock?
Yes, AKITA Drilling is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is AKITA Drilling a good dividend stock?
Whether AKITA Drilling is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. AKITA Drilling has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does AKITA Drilling pay dividends monthly?
AKITA Drilling typically pays dividends on a quarterly basis.
Does AKITA Drilling pay dividends quarterly?
AKITA Drilling currently pays dividends on a quarterly basis.
Has AKITA Drilling ever paid a dividend?
Yes, AKITA Drilling has a history of paying dividends to its shareholders. AKITA Drilling is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy AKITA Drilling dividend stocks?
To buy AKITA Drilling 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy AKITA Drilling 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.
When does AKITA Drilling pay dividends 2024?
AKITA Drilling pays dividends on a quarterly basis. 2024 dividend payments are in 2019-07-03. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will AKITA Drilling increase its dividend in 2024?
Decisions regarding AKITA Drilling dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date AKITA Drilling dividend overview you can look into the above table of dividend history.
How AKITA Drilling dividend works?
The AKITA Drilling dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how AKITA Drilling's dividend process works:

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.
How are AKITA Drilling dividends paid?
AKITA Drilling dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does AKITA Drilling pay dividends?
AKITA Drilling typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does AKITA Drilling pay dividends?
The general pattern is that AKITA Drilling pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is AKITA Drilling dividend safe?
The safety of AKITA Drilling's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

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.