Petra Diamonds Limited engages in the mining, processing, sorting, and sale of rough diamonds in South Africa. It holds interest in three underground producing mines, including Cullinan, Finsch, and Koffiefontein mines located in South Africa. The company also provides treasury, beneficiation, and other services. Petra Diamonds Limited was incorporated in 1997 and is based in London, the United Kingdom.
Petra Diamonds Dividend Announcement
• Petra Diamonds announced a annually dividend of £2.47 per ordinary share which will be made payable on 2015-12-07. Ex dividend date: 2015-10-15
• Petra Diamonds's trailing twelve-month (TTM) dividend yield is -%
Petra Diamonds Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2015-10-15 | £2.47 | annually | 2015-12-07 |
Petra Diamonds Dividend per year
Petra Diamonds Dividend Yield
Petra Diamonds current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Petra Diamonds stock? Use our calculator to estimate your expected dividend yield:
Petra Diamonds Financial Ratios
P/E ratio-7.37
PEG ratio-5.79
P/B ratio0.28
ROE-3.23%
Payout ratio0.00%
Current ratio1.32
Quick ratio0.88
Cash Ratio0.22
Petra Diamonds Dividend FAQ
Does Petra Diamonds stock pay dividends?
Petra Diamonds does not currently pay dividends to its shareholders.
Has Petra Diamonds ever paid a dividend?
No, Petra Diamonds has no a history of paying dividends to its shareholders. Petra Diamonds is not known for its dividend payments.
Why doesn't Petra Diamonds pay dividends?
There are several potential reasons why Petra Diamonds 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 Petra Diamonds 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 Petra Diamonds 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 Petra Diamonds a dividend aristocrat?
Petra Diamonds 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 Petra Diamonds a dividend king?
Petra Diamonds 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 Petra Diamonds a dividend stock?
No, Petra Diamonds 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 Petra Diamonds stocks?
To buy Petra Diamonds 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 Petra Diamonds 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 Petra Diamonds 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.