Maxim Power Corp., an independent power producer, engages in the development, ownership, and operation of power generation facilities in Canada. Its core asset is Milner 2 power plant, a 204 megawatt natural gas-fired turbine generator located in Grande Cache, Alberta. Maxim Power Corp. is headquartered in Calgary, Canada.
Maxim Power Dividend Announcement
• Maxim Power announced a annually dividend of C$0.50 per ordinary share which will be made payable on 2024-11-29. Ex dividend date: 2024-11-21
• Maxim Power annual dividend for 2024 was C$0.50
• Maxim Power's trailing twelve-month (TTM) dividend yield is 9.88%
Maxim Power Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-21 | C$0.50 | annually | 2024-11-29 |
Maxim Power Dividend per year
Maxim Power Dividend Yield
Maxim Power current trailing twelve-month (TTM) dividend yield is 9.88%. Interested in purchasing Maxim Power stock? Use our calculator to estimate your expected dividend yield:
Maxim Power Financial Ratios
P/E ratio6.13
PEG ratio0.06
P/B ratio0.80
ROE13.54%
Payout ratio0.00%
Current ratio5.00
Quick ratio5.00
Cash Ratio4.19
Maxim Power Dividend FAQ
Does Maxim Power stock pay dividends?
Maxim Power does not currently pay dividends to its shareholders.
Has Maxim Power ever paid a dividend?
No, Maxim Power has no a history of paying dividends to its shareholders. Maxim Power is not known for its dividend payments.
Why doesn't Maxim Power pay dividends?
There are several potential reasons why Maxim Power 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 Maxim Power 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 Maxim Power 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 Maxim Power a dividend aristocrat?
Maxim Power 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 Maxim Power a dividend king?
Maxim Power 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 Maxim Power a dividend stock?
No, Maxim Power 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 Maxim Power stocks?
To buy Maxim Power 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 Maxim Power 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 Maxim Power 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.