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DOF Group ASA, together with its subsidiaries, owns and operates a fleet of supply and subsea vessels. It operates a fleet of platform supply vessels (PSVs) that are used to transport oilfield products and supplies to offshore drilling and production facilities; anchor handling tug supply (AHTS) vessels used to set anchors for drilling rigs, and tow mobile drilling rigs and equipment from one location to another; and subsea vessels. The company also provides subsea services, including project management, engineering, construction and installation, life-of-field, decommissioning/field abandonment, and survey and positioning, as well as inspection, repair, and maintenance services. In addition, it offers marine management services, such as chartering, crewing, mobilization, maintenance, refurbishment, project and new building, and compliance services. The company operates a fleet of 11 PSVs, 15 AHTSs, and 28 subsea vessels, as well as 72 remotely operated vehicles and autonomous underwater vehicles. It operates in Brazil, the United States, Australia, the United Kingdom, Norway, Angola, Canada, the Philippines, Argentina, the Netherlands, Singapore, and internationally. The company was founded in 1981 and is headquartered in Storebø, Norway.

DOF Dividend Announcement

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

DOF Dividend Yield

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

DOF Financial Ratios

P/E ratio5.02
PEG ratio1.37
P/B ratio12.24
ROE34.36%
Payout ratio0.05%
Current ratio2.18
Quick ratio2.18
Cash Ratio0.79

DOF Dividend FAQ

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