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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 dateDividend amountDividend typePay date
2024-09-13$0.02annually

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

P/E ratio1.60
PEG ratio0.03
P/B ratio0.40
ROE31.95%
Payout ratio0.00%
Current ratio42.25
Quick ratio42.30
Cash Ratio42.13

East West Petroleum Dividend FAQ

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