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New Concept Energy, Inc. engages in real estate rental business. The company owns approximately 190 acres of land located in Parkersburg West Virginia. It also provides advisory and management services for an independent oil and gas company. The company was formerly known as CabelTel International Corporation and changed its name to New Concept Energy, Inc. in May 2008. New Concept Energy, Inc. was founded in 1978 and is based in Dallas, Texas. New Concept Energy, Inc. is a former subsidiary of Arcadian Energy, Inc.

New Concept Energy Dividend Announcement

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

New Concept Energy Dividend History

New Concept Energy Dividend Yield

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

New Concept Energy Financial Ratios

P/E ratio-158.01
PEG ratio-75.32
P/B ratio1.32
ROE-0.83%
Payout ratio0.00%
Current ratio7.48
Quick ratio7.48
Cash Ratio7.05

New Concept Energy Dividend FAQ

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