Capricorn Energy (CRNCY) Dividend: History, Dates & Yield - 2024
Tags:Dividend History
Capricorn Energy announced a semi annually dividend of $1.07 per ordinary share, payable on 2024-06-24, with an ex-dividend date of 2024-05-22. Capricorn Energy typically pays dividends two times a year, compared to $1.07 in 2024.
Find details on Capricorn Energy's dividend performance with a comprehensive history of past and upcoming payments.
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-05-22 | $1.07 | semi annually | 2024-06-24 |
| 2023-10-04 | $1.36 | semi annually | 2023-11-03 |
| 2023-05-12 | $2.85 | semi annually | 2023-06-07 |
| 2021-01-08 | $0.87 | semi annually | 2021-02-08 |
| 2012-03-08 | $12.86 | semi annually |
Dividend Increase
. In comparison, ARC Resources has seen an average growth rate of 11.93% over the past five years and Freehold Royalties's growth rate was 26.64%.
By comparing Capricorn Energy's dividend growth to other companies, investors can gain insight into how consistent its dividend strategy is and what that means for future payouts. However, dividend growth is just one factor to consider. Investors should also evaluate other metrics, such as earnings growth, payout ratio, and overall financial health, to get a full picture of Walmart's dividend sustainability and potential.
Dividend Yield
Capricorn Energy's current trailing twelve-month (TTM) dividend yield is 16.25%. Over the last 12 months, Capricorn Energy has maintained this yield, but how does it compare to similar stocks? For example, ARC Resources offers a yield of 2.68%, while Freehold Royalties provides a yield of 8.39%. Comparing similar stocks can help investors assess Capricorn Energy's yield and make more informed decisions.
| Company | Dividend Yield | Annual Dividend | Stock Price |
|---|---|---|---|
| Capricorn Energy (CRNCY) | 16.25% | $1.07 | $8.4 |
| ARC Resources (AETUF) | 2.68% | $0.50697 | $18.82 |
| Freehold Royalties (FRHLF) | 8.39% | $0.7875037 | $9.27 |
Dividend Yield Calculator
Interested in purchasing Capricorn Energy stock? Use our calculator to estimate your expected dividend yield and see how Walmart's consistent payouts could contribute to your long-term investment goals. Understanding your potential returns can help you make an informed decision.
Payout Ratio
Capricorn Energy has a payout ratio of -4.80%. In comparison, SLGYF has a payout ratio of 0.00%, while TUWOY's payout ratio is 0.00%.
It's important to note that the payout ratio is just one of many metrics investors use to assess a company's dividend sustainability and growth potential. It should be considered alongside other financial indicators such as earnings, cash flow, and debt levels to gain a complete picture of the company's financial health.
About Capricorn Energy
- Global presence Operates in over 100 countries worldwide
- Key segments Offers products and services in telecommunications, information technology, and consumer electronics
- Products/services Provides mobile phones, tablets, telecommunication services, and software solutions
- Financial stability Consistently pays dividends to investors, demonstrating strong financial performance and stability.
Frequently Asked Question
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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