East West Petroleum Corp., a junior oil and gas company, engages in the exploration, development, and production of oil and gas properties in New Zealand and Romania. It holds interest in a 30% interest in the Cheal-E site mining permit in the Taranaki Basin, New Zealand; and four exploration blocks covering an area of 1,007,500 acres in Pannonian Basin of western Romania. The company was formerly known as Avere Energy Inc. and changed its name to East West Petroleum Corp. in August 2010. The company was incorporated in 1987 and is based in Vancouver, Canada.
East West Petroleum Dividend Announcement
• East West Petroleum announced a annually dividend of $0.02 per ordinary share which will be made payable on . Ex dividend date: 2024-09-13
• East West Petroleum annual dividend for 2024 was $0.02
• East West Petroleum's trailing twelve-month (TTM) dividend yield is 72.56%
East West Petroleum Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | $0.02 | annually |
East West Petroleum Dividend per year
East West Petroleum Dividend Yield
East West Petroleum current trailing twelve-month (TTM) dividend yield is 72.56%. Interested in purchasing East West Petroleum stock? Use our calculator to estimate your expected dividend yield:
East West Petroleum Financial Ratios
East West Petroleum 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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