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FAR Limited operates as an oil and gas exploration and development company with primary assets in West Africa and Australia. The company holds a portfolio of exploration licenses in the Gambia and the Guinea-Bissau projects. It also holds a petroleum exploration permit in Western Australia. The company was formerly known as First Australian Resources NL and changed its name to FAR Limited in 2010. FAR Limited was incorporated in 1984 and is based in Melbourne, Australia.

FAR Dividend Announcement

FAR announced a annually dividend of $0.26 per ordinary share which will be made payable on 2023-08-31. Ex dividend date: 2023-08-23
FAR annual dividend for 2023 was $0.26
FAR's trailing twelve-month (TTM) dividend yield is -%

FAR Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-08-23$0.26annually2023-08-31
2021-09-20$0.80annually2021-09-28

FAR Dividend per year

FAR Dividend Yield

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

FAR Financial Ratios

P/E ratio0.73
PEG ratio0.11
P/B ratio0.66
ROE169.11%
Payout ratio0.00%
Current ratio58.11
Quick ratio58.11
Cash Ratio13.44

FAR Dividend FAQ

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