Capricorn Energy PLC operates as an independent oil and gas exploration, development, and production company. The company holds a portfolio of exploration, development, and production assets in the United Kingdom, Israel, Egypt, Mauritania, Mexico, and Suriname. Its activities focused in North West Europe, North and West Africa, and Latin America. The company was formerly known as Cairn Energy PLC and changed its name to Capricorn Energy PLC in December 2021. Capricorn Energy PLC was founded in 1980 and is headquartered in Edinburgh, the United Kingdom.
Capricorn Energy Dividend Announcement
• Capricorn Energy announced a semi annually dividend of $1.07 per ordinary share which will be made payable on 2024-06-24. Ex dividend date: 2024-05-22
• Capricorn Energy annual dividend for 2024 was $1.91
• Capricorn Energy annual dividend for 2023 was $4.21
• Capricorn Energy's trailing twelve-month (TTM) dividend yield is 42.79%
• Capricorn Energy's payout ratio for the trailing twelve months (TTM) is -439.47%
Capricorn Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-22 | $1.07 | semi annually | 2024-06-24 |
2024-04-22 | $0.84 | semi annually | |
2023-10-04 | $1.36 | semi annually | 2024-06-24 |
2023-05-12 | $2.85 | semi annually | 2023-06-07 |
2021-01-08 | $0.87 | semi annually | 2021-02-08 |
2012-03-08 | $12.87 | semi annually |
Capricorn Energy Dividend per year
Capricorn Energy Dividend Yield
Capricorn Energy current trailing twelve-month (TTM) dividend yield is 42.79%. Interested in purchasing Capricorn Energy stock? Use our calculator to estimate your expected dividend yield:
Capricorn Energy Financial Ratios
Capricorn Energy 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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