Newport Exploration Ltd., a natural resource company, engages in the acquisition and exploration of resource properties. The company holds a 100% interest in the Chu Chua copper-gold project located to the north of Kamloops, British Columbia, Canada. It also holds a 2.5% gross overriding royalty interest on oil and gas permits in the Cooper Basin in Queensland, Australia. The company was incorporated in 1979 and is headquartered in West Vancouver, Canada.
Newport Exploration Dividend Announcement
• Newport Exploration announced a quarterly dividend of $0.01 per ordinary share which will be made payable on . Ex dividend date: 2024-05-28
• Newport Exploration annual dividend for 2024 was $0.01
• Newport Exploration annual dividend for 2023 was $0.03
• Newport Exploration's trailing twelve-month (TTM) dividend yield is 22.79%
• Newport Exploration's payout ratio for the trailing twelve months (TTM) is 164.74%
• Newport Exploration's dividend growth over the last five years (2018-2023) was -10.10% year
Newport Exploration Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-28 | $0.01 | quarterly | |
2024-02-23 | $0.01 | quarterly | |
2023-11-24 | $0.01 | quarterly | 2023-12-11 |
2023-08-24 | $0.01 | quarterly | 2023-09-12 |
2023-05-25 | $0.01 | quarterly | 2023-06-12 |
2023-02-23 | $0.01 | quarterly | 2023-03-13 |
2022-11-23 | $0.01 | quarterly | 2022-12-12 |
2022-08-25 | $0.01 | quarterly | 2022-09-12 |
2022-05-24 | $0.02 | quarterly | 2022-06-09 |
2022-02-22 | $0.01 | quarterly | 2022-03-10 |
2021-11-23 | $0.02 | quarterly | 2021-12-09 |
2021-08-25 | $0.02 | quarterly | 2021-09-10 |
2021-05-25 | $0.02 | quarterly | 2021-06-10 |
2021-02-24 | $0.01 | quarterly | 2021-03-12 |
2020-11-25 | $0.03 | quarterly | 2020-12-11 |
2020-08-25 | $0.01 | quarterly | 2020-09-10 |
2020-05-27 | $0.01 | quarterly | 2020-06-10 |
2020-02-21 | $0.01 | quarterly | 2020-03-09 |
2019-09-24 | $0.06 | quarterly | 2019-09-30 |
2018-10-11 | $0.05 | quarterly | 2018-10-19 |
2017-06-28 | $0.05 | quarterly | 2017-07-07 |
2016-07-08 | $0.10 | quarterly | |
2015-04-16 | $0.10 | quarterly |
Newport Exploration Dividend per year
Newport Exploration Dividend growth
Newport Exploration Dividend Yield
Newport Exploration current trailing twelve-month (TTM) dividend yield is 22.79%. Interested in purchasing Newport Exploration stock? Use our calculator to estimate your expected dividend yield:
Newport Exploration Financial Ratios
Newport Exploration Dividend FAQ
Other factors to consider when evaluating Newport Exploration as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Newport Exploration's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Newport Exploration publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Newport Exploration distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Newport Exploration are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Newport Exploration sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Newport Exploration distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Newport Exploration declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Newport Exploration's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Newport Exploration's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.