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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 dateDividend amountDividend typePay date
2024-04-15C$0.03annually
2022-04-05C$0.03annually2022-05-04

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

P/E ratio18.78
PEG ratio0.13
P/B ratio0.76
ROE3.83%
Payout ratio362.70%
Current ratio79.38
Quick ratio79.38
Cash Ratio69.34

Cobra Venture Dividend FAQ

Does Cobra Venture stock pay dividends?
Cobra Venture does not currently pay dividends to its shareholders.
Has Cobra Venture ever paid a dividend?
No, Cobra Venture has no a history of paying dividends to its shareholders. Cobra Venture is not known for its dividend payments.
Why doesn't Cobra Venture pay dividends?
There are several potential reasons why Cobra Venture 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.
Will Cobra Venture 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 Cobra Venture 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 Cobra Venture a dividend aristocrat?
Cobra Venture 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 Cobra Venture a dividend king?
Cobra Venture 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 Cobra Venture a dividend stock?
No, Cobra Venture 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 Cobra Venture stocks?
To buy Cobra Venture 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 Cobra Venture 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.