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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-08-23 | $0.26 | annually | 2023-08-31 |
2021-09-20 | $0.80 | annually | 2021-09-28 |
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
FAR 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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