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Norwegian Energy Company ASA, an oil and gas company, focuses on the exploration, development, and production of hydrocarbon resources in Norway, Denmark, the Netherlands, and the United Kingdom. Its asset portfolio includes four production hubs and 11 producing fields on the Danish Continental Shelf. As of December 31, 2021, the company had proven and probable reserves of 9.8 million barrels of oil equivalent. Norwegian Energy Company ASA was founded in 2005 and is headquartered in Oslo, Norway.

Norwegian Energy Dividend Announcement

• Norwegian Energy announced a annually dividend of kr0.28 per ordinary share which will be made payable on . Ex dividend date: 2022-03-15
• Norwegian Energy's trailing twelve-month (TTM) dividend yield is -%

Norwegian Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-03-15kr0.28annually

Norwegian Energy Dividend per year

Norwegian Energy Dividend Yield

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

Norwegian Energy Financial Ratios

P/E ratio28.99
PEG ratio10.01
P/B ratio1.61
ROE5.66%
Payout ratio0.00%
Current ratio0.80
Quick ratio0.63
Cash Ratio0.37

Norwegian Energy Dividend FAQ

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