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Ocean Thermal Energy Corporation, together with its subsidiaries, engages in the development of projects for renewable power generation, desalinated water production, and air conditioning worldwide. It designs and develops ocean thermal energy conversion, and seawater and lake water air conditioning plants for commercial properties, utilities, and municipalities. The company's plant produces electricity; fresh water for agriculture and human consumption; and desalinated water for potable, agricultural, and fish farming/aquaculture uses. It also develops and commercializes EcoVillages, a socially, economically, and ecologically sustainable communities. Ocean Thermal Energy Corporation has strategic relationships with DCO Energy, LLC. The company was founded in 1998 and is headquartered in Lancaster, Pennsylvania.

Ocean Thermal Energy Dividend Announcement

• Ocean Thermal Energy announced a semi annually dividend of $0.00 per ordinary share which will be made payable on 2014-06-18. Ex dividend date: 2014-06-02
• Ocean Thermal Energy's trailing twelve-month (TTM) dividend yield is -%

Ocean Thermal Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2014-06-02$0.00semi annually2014-06-18
2014-03-06$0.00semi annually2014-03-24
2013-12-04$0.00semi annually2013-12-20
2013-09-09$0.00semi annually2013-09-25
2013-06-05$0.00semi annually2013-06-19
2013-06-03$0.00semi annually2013-06-19

Ocean Thermal Energy Dividend per year

Ocean Thermal Energy Dividend Yield

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

Ocean Thermal Energy Financial Ratios

P/E ratio-0.13
PEG ratio0.11
P/B ratio-0.03
ROE5.62%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Ocean Thermal Energy Dividend FAQ

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