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Coro Energy plc engages in the exploration, development, and production of oil and natural gas in South East Asia. Its asset portfolio is situated in the west Natuna basin, offshore Indonesia. The company was formerly known as Saffron Energy Plc and changed its name to Coro Energy plc in April 2018. The company was incorporated in 2016 and is based in Leeds, the United Kingdom.

Coro Energy Dividend Announcement

Coro Energy does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
Stay tuned for updates on Coro Energy dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Coro Energy Dividend History

Coro Energy Dividend Yield

Coro Energy current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Coro Energy stock? Use our calculator to estimate your expected dividend yield:

Coro Energy Financial Ratios

P/E ratio0.56
PEG ratio-4.60
P/B ratio-0.14
ROE-24.06%
Payout ratio0.00%
Current ratio0.08
Quick ratio0.08
Cash Ratio0.03

Coro Energy Dividend FAQ

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