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Nostrum Oil & Gas PLC, an independent oil and gas company, engages in the exploration, development, and production of oil and gas in the pre-Caspian Basin. The company discovers and develops oil and gas reserves, as well as produces and sells crude oil, stabilized condensate, liquefied petroleum gas, and dry gas. Its principal producing asset is 100% owned Chinarevskoye field located in North-western Kazakhstan. As of December 31, 2021, the company had proved and probable reserves of 34 million barrels of oil equivalent (mmboe) and 28 mmboe of contingent resources. Nostrum Oil & Gas PLC was founded in 1997 and is based in London, the United Kingdom.

Nostrum Oil & Gas Dividend Announcement

Nostrum Oil & Gas announced a annually dividend of £17.42 per ordinary share which will be made payable on 2015-06-26. Ex dividend date: 2015-06-04
Nostrum Oil & Gas's trailing twelve-month (TTM) dividend yield is -%

Nostrum Oil & Gas Dividend History

Ex-Div dateDividend amountDividend typePay date
2015-06-04£17.42annually2015-06-26
2014-05-28£2.98annually
2013-07-17£34.00annually
2012-09-28£32.00annually

Nostrum Oil & Gas Dividend per year

Nostrum Oil & Gas Dividend growth

Nostrum Oil & Gas Dividend Yield

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

Nostrum Oil & Gas Financial Ratios

P/E ratio-0.11
PEG ratio4.74
P/B ratio-0.07
ROE89.55%
Payout ratio0.00%
Current ratio4.86
Quick ratio4.13
Cash Ratio3.27

Nostrum Oil & Gas Dividend FAQ

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