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Kraken Energy Corp. engages in the acquisition and exploration of mineral properties in the United States. It has an option to acquire a 100% interest in the Apex uranium project in Nevada; and the Garfield Hills Uranium project in Nevada. The company was formerly known as Ivor Exploration Inc. and changed its name to Kraken Energy Corp. in May 2022. Kraken Energy Corp. was incorporated in 2011 and is headquartered in Vancouver, Canada.

Kraken Energy Dividend Announcement

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

Kraken Energy Dividend History

Kraken Energy Dividend Yield

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

Kraken Energy Financial Ratios

P/E ratio-0.63
PEG ratio-0.00
P/B ratio0.11
ROE-17.15%
Payout ratio0.00%
Current ratio13.29
Quick ratio13.29
Cash Ratio12.23

Kraken Energy Dividend FAQ

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