NGE Capital Limited operates as an investment company in Australia. It invests in listed and unlisted securities. The company was formerly known as New Guinea Energy Limited and changed its name to NGE Capital Limited in June 2017. NGE Capital Limited was founded in 2005 and is based in Melbourne, Australia.
NGE Capital Dividend Announcement
• NGE Capital does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on NGE Capital dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
NGE Capital Dividend History
NGE Capital Dividend Yield
NGE Capital current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing NGE Capital stock? Use our calculator to estimate your expected dividend yield:
NGE Capital Financial Ratios
P/E ratio2.74
PEG ratio-0.08
P/B ratio0.85
ROE32.45%
Payout ratio0.00%
Current ratio64.71
Quick ratio105.41
Cash Ratio23.23
NGE Capital Dividend FAQ
Does NGE Capital stock pay dividends?
NGE Capital does not currently pay dividends to its shareholders.
Has NGE Capital ever paid a dividend?
No, NGE Capital has no a history of paying dividends to its shareholders. NGE Capital is not known for its dividend payments.
Why doesn't NGE Capital pay dividends?
There are several potential reasons why NGE Capital 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 NGE Capital 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 NGE Capital 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 NGE Capital a dividend aristocrat?
NGE Capital 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 NGE Capital a dividend king?
NGE Capital 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 NGE Capital a dividend stock?
No, NGE Capital 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 NGE Capital stocks?
To buy NGE Capital 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 NGE Capital 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 NGE Capital 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.