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PEDEVCO Corp., an oil and gas company, focuses on the acquisition, development, and production of oil and natural gas assets in the United States. As of December 31, 2021, the company held approximately 32,870 net Permian Basin acres located in Chaves and Roosevelt Counties, New Mexico; and approximately 11,580 net Denver-Julesberg (D-J) Basin acres located in Weld and Morgan Counties, Colorado. It had interests in 385 net wells in Permian Basin Asset; and 78 net wells in (D-J) Basin Asset. The company is headquartered in Houston, Texas. PEDEVCO Corp. is a subsidiary of SK Energy LLC.

PEDEVCO Dividend Announcement

• PEDEVCO does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on PEDEVCO dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

PEDEVCO Dividend History

PEDEVCO Dividend Yield

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

PEDEVCO Financial Ratios

P/E ratio29.75
PEG ratio-6.95
P/B ratio0.66
ROE2.30%
Payout ratio0.00%
Current ratio2.10
Quick ratio2.10
Cash Ratio0.88

PEDEVCO Dividend FAQ

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