Hemisphere Energy Corporation acquires, explores for, develops, and produces petroleum and natural gas interests in Canada. It primarily owns a 100% working interest in 9,440 net acres of land in the Atlee Buffalo property located in southeastern Alberta; and a land position of 7,009 net acres in the Jenner property situated in southeastern Alberta. The company was formerly known as Northern Hemisphere Development Corp. and changed its name to Hemisphere Energy Corporation in April 2009. Hemisphere Energy Corporation was founded in 1977 and is headquartered in Vancouver, Canada.
Hemisphere Energy Dividend Announcement
• Hemisphere Energy announced a quarterly dividend of $0.02 per ordinary share which will be made payable on 2024-12-27. Ex dividend date: 2024-12-13
• Hemisphere Energy annual dividend for 2024 was $0.13
• Hemisphere Energy annual dividend for 2023 was $0.11
• Hemisphere Energy's trailing twelve-month (TTM) dividend yield is 9.72%
• Hemisphere Energy's payout ratio for the trailing twelve months (TTM) is 53.21%
Hemisphere Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-13 | $0.02 | quarterly | 2024-12-27 |
2024-10-11 | $0.02 | quarterly | 2024-10-25 |
2024-08-30 | $0.01 | quarterly | 2024-09-13 |
2024-07-12 | $0.02 | quarterly | 2024-07-26 |
2024-06-20 | $0.02 | quarterly | 2024-06-28 |
2024-06-12 | $0.02 | quarterly | 2024-06-26 |
2024-02-08 | $0.02 | quarterly | 2024-02-23 |
2023-12-14 | $0.02 | quarterly | 2023-12-28 |
2023-10-19 | $0.02 | quarterly | 2023-11-01 |
2023-08-30 | $0.02 | quarterly | 2023-09-14 |
2023-06-06 | $0.02 | quarterly | 2023-06-15 |
2023-05-31 | $0.02 | quarterly | |
2023-02-09 | $0.02 | quarterly | 2023-02-21 |
2022-11-22 | $0.02 | quarterly | 2022-11-30 |
2022-08-30 | $0.02 | quarterly | 2022-09-07 |
2022-06-14 | $0.02 | quarterly | 2022-06-30 |
Hemisphere Energy Dividend per year
Hemisphere Energy Dividend growth
Hemisphere Energy Dividend Yield
Hemisphere Energy current trailing twelve-month (TTM) dividend yield is 9.72%. Interested in purchasing Hemisphere Energy stock? Use our calculator to estimate your expected dividend yield:
Hemisphere Energy Financial Ratios
Hemisphere Energy Dividend FAQ
Other factors to consider when evaluating Hemisphere Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy Hemisphere 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.
1. Determination of Dividend: Hemisphere Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Hemisphere Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Hemisphere Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Hemisphere Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Hemisphere Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Hemisphere Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hemisphere Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Hemisphere Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Hemisphere Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.