Cobra Venture Corporation engages in the exploration and development of petroleum and natural gas properties in Canada. It holds interest in an oil well located in the Willesden Green area in Alberta; and the Gull Lake project in Saskatchewan. Cobra Venture Corporation was incorporated in 1998 and is headquartered in West Vancouver, Canada.
Cobra Venture Dividend Announcement
• Cobra Venture announced a annually dividend of C$0.03 per ordinary share which will be made payable on . Ex dividend date: 2024-04-15
• Cobra Venture annual dividend for 2024 was C$0.03
• Cobra Venture's trailing twelve-month (TTM) dividend yield is 19.29%
• Cobra Venture's payout ratio for the trailing twelve months (TTM) is 362.70%
Cobra Venture Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-15 | C$0.03 | annually | |
2022-04-05 | C$0.03 | annually | 2022-05-04 |
Cobra Venture Dividend per year
Cobra Venture Dividend Yield
Cobra Venture current trailing twelve-month (TTM) dividend yield is 19.29%. Interested in purchasing Cobra Venture stock? Use our calculator to estimate your expected dividend yield:
Cobra Venture Financial Ratios
Cobra Venture 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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