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PT Golden Eagle Energy Tbk, together with its subsidiaries, engages in the coal mining and related activities in Indonesia. The company owns interests in a coal mining concession that covers an area of 3,238 hectares located in District Palaran, Samarinda, East Kalimantan; and coal concessions covering 2,143 hectares located in North Musi Rawas Regency, South Sumatera province. It offers mining support and coal transportation services. The company is also involved in exporting activities. The company was formerly known as PT Eatertainment International Tbk and changed its name to PT Golden Eagle Energy Tbk in August 2012. PT Golden Eagle Energy Tbk was founded in 1980 and is based in Jakarta, Indonesia. PT Golden Eagle Energy Tbk is a subsidiary of PT Mutiara Timur Pratama.

Golden Eagle Energy Dividend Announcement

Golden Eagle Energy announced a semi annually dividend of Rp63.00 per ordinary share which will be made payable on 2023-10-24. Ex dividend date: 2023-10-18
Golden Eagle Energy annual dividend for 2023 was Rp110.00
Golden Eagle Energy's trailing twelve-month (TTM) dividend yield is 7.54%
Golden Eagle Energy's payout ratio for the trailing twelve months (TTM) is 421.78%

Golden Eagle Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-10-18Rp63.00semi annually2023-10-24
2023-07-11Rp47.00semi annually2023-08-02
2022-12-08Rp15.00semi annually2022-12-13
2022-09-26Rp60.00semi annually2022-09-29

Golden Eagle Energy Dividend per year

Golden Eagle Energy Dividend Yield

Golden Eagle Energy current trailing twelve-month (TTM) dividend yield is 7.54%. Interested in purchasing Golden Eagle Energy stock? Use our calculator to estimate your expected dividend yield:

Golden Eagle Energy Financial Ratios

P/E ratio24.00
PEG ratio3.60
P/B ratio3.38
ROE13.39%
Payout ratio421.78%
Current ratio1.09
Quick ratio0.82
Cash Ratio0.35

Golden Eagle Energy Dividend FAQ

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