Journey Energy Inc. engages in the exploration, development, and production of crude oil and natural gas in the province of Alberta, Canada. The company was formerly known as Sword Energy Inc. and changed its name to Journey Energy Inc. in July 2012. Journey Energy Inc. was founded in 2007 and is headquartered in Calgary, Canada.
Journey Energy Dividend Announcement
• Journey Energy announced a quarterly dividend of $0.04 per ordinary share which will be made payable on 2015-10-15. Ex dividend date: 2015-09-28
• Journey Energy's trailing twelve-month (TTM) dividend yield is -%
Journey Energy Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2015-09-28 | $0.04 | quarterly | 2015-10-15 |
| 2015-07-29 | $0.03 | quarterly | |
| 2015-06-26 | $0.03 | quarterly | |
| 2015-05-27 | $0.03 | quarterly | |
| 2015-04-28 | $0.03 | quarterly |
Journey Energy Dividend per year
Journey Energy Dividend Yield
Journey Energy current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Journey Energy stock? Use our calculator to estimate your expected dividend yield:
Journey Energy Financial Ratios
P/E ratio10.74
PEG ratio0.09
P/B ratio0.40
ROE3.79%
Payout ratio0.00%
Current ratio0.68
Quick ratio0.68
Cash Ratio0.25
Journey Energy Dividend FAQ
Does Journey Energy stock pay dividends?
Journey Energy does not currently pay dividends to its shareholders.
Has Journey Energy ever paid a dividend?
No, Journey Energy has no a history of paying dividends to its shareholders. Journey Energy is not known for its dividend payments.
Why doesn't Journey Energy pay dividends?
There are several potential reasons why Journey 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.
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 Journey 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 Journey 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 Journey Energy a dividend aristocrat?
Journey 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 Journey Energy a dividend king?
Journey 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 Journey Energy a dividend stock?
No, Journey 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 Journey Energy stocks?
To buy Journey 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 Journey 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.
Place an order: Use the brokerage's trading platform to place an order to buy Journey 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.