TXO Energy Partners, L.P. engages in the acquisition, development, optimization, and exploitation of conventional oil, natural gas, and natural gas liquid reserves in North America. As of July 31, 2022, it had working interest in the 850,009 gross acres located in the United States primarily in the San Juan Basin of New Mexico and Colorado, and the Permian Basin of West Texas and New Mexico. The company was founded in 2012 and is based in Fort Worth, Texas.
MorningStar Partners Dividend Announcement
• MorningStar Partners announced a quarterly dividend of $0.58 per ordinary share which will be made payable on 2024-11-22. Ex dividend date: 2024-11-15
• MorningStar Partners annual dividend for 2024 was $2.38
• MorningStar Partners annual dividend for 2023 was $1.50
• MorningStar Partners's trailing twelve-month (TTM) dividend yield is 13.28%
• MorningStar Partners's payout ratio for the trailing twelve months (TTM) is -43.05%
MorningStar Partners Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-15 | $0.58 | quarterly | 2024-11-22 |
2024-08-20 | $0.57 | quarterly | 2024-08-27 |
2024-05-17 | $0.65 | quarterly | 2024-05-29 |
2024-03-14 | $0.58 | quarterly | 2024-03-28 |
2023-11-16 | $0.52 | quarterly | 2023-11-27 |
2023-08-17 | $0.48 | quarterly | 2023-08-25 |
2023-05-19 | $0.50 | quarterly | 2023-05-30 |
MorningStar Partners Dividend per year
MorningStar Partners Dividend Yield
MorningStar Partners current trailing twelve-month (TTM) dividend yield is 13.28%. Interested in purchasing MorningStar Partners stock? Use our calculator to estimate your expected dividend yield:
MorningStar Partners Financial Ratios
MorningStar Partners Dividend FAQ
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.
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