Calfrac Well Services Ltd., together with its subsidiaries, provides specialized oilfield services in Canada, the United States, and Argentina. It offers hydraulic fracturing, coiled tubing, cementing, and other well stimulation services, as well as pressure pumping services to oil and natural gas industries. The company was founded in 1999 and is headquartered in Calgary, Canada.
Calfrac Well Services Dividend Announcement
• Calfrac Well Services announced a quarterly dividend of $0.01 per ordinary share which will be made payable on . Ex dividend date: 2015-12-29
• Calfrac Well Services's trailing twelve-month (TTM) dividend yield is -%
Calfrac Well Services Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2015-12-29 | $0.01 | quarterly | |
| 2015-10-01 | $0.01 | quarterly | |
| 2015-06-26 | $0.05 | quarterly | |
| 2015-03-27 | $0.10 | quarterly | |
| 2014-12-29 | $0.11 | quarterly | |
| 2014-09-26 | $0.11 | quarterly | |
| 2014-06-26 | $0.12 | quarterly | |
| 2014-03-27 | $0.23 | quarterly | |
| 2013-12-27 | $0.23 | quarterly |
Calfrac Well Services Dividend per year
Calfrac Well Services Dividend growth
Calfrac Well Services Dividend Yield
Calfrac Well Services current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Calfrac Well Services stock? Use our calculator to estimate your expected dividend yield:
Calfrac Well Services Financial Ratios
P/E ratio12.30
PEG ratio0.44
P/B ratio0.54
ROE4.42%
Payout ratio0.00%
Current ratio2.23
Quick ratio1.64
Cash Ratio0.07
Calfrac Well Services Dividend FAQ
Does Calfrac Well Services stock pay dividends?
Calfrac Well Services does not currently pay dividends to its shareholders.
Has Calfrac Well Services ever paid a dividend?
No, Calfrac Well Services has no a history of paying dividends to its shareholders. Calfrac Well Services is not known for its dividend payments.
Why doesn't Calfrac Well Services pay dividends?
There are several potential reasons why Calfrac Well Services 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.
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 Calfrac Well Services 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 Calfrac Well Services 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 Calfrac Well Services a dividend aristocrat?
Calfrac Well Services 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 Calfrac Well Services a dividend king?
Calfrac Well Services 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 Calfrac Well Services a dividend stock?
No, Calfrac Well Services 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 Calfrac Well Services stocks?
To buy Calfrac Well Services 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 Calfrac Well Services 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.
Place an order: Use the brokerage's trading platform to place an order to buy Calfrac Well Services 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.