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Kelt Exploration Ltd., an oil and gas company, engages in the exploration, development, and production of crude oil and natural gas resources primarily in northwestern Alberta and northeastern British Columbia, Canada. The company markets its crude oil, natural gas, and natural gas liquids production primarily to third party marketing companies. As of December 31, 2021, it had proved developed producing reserves of 43.9 million barrels of oil equivalent (BOE); total proved reserves of 134.1 million BOE; and total proved plus probable reserves of 254.1 million BOE. Kelt Exploration Ltd. was incorporated in 2012 and is headquartered in Calgary, Canada.

Kelt Exploration Dividend Announcement

• Kelt Exploration does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Kelt Exploration dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Kelt Exploration Dividend History

Kelt Exploration Dividend Yield

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

Kelt Exploration Financial Ratios

P/E ratio27.83
PEG ratio0.20
P/B ratio1.47
ROE5.40%
Payout ratio0.00%
Current ratio0.50
Quick ratio0.50
Cash Ratio0.00

Kelt Exploration Dividend FAQ

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