PetroTal Corp. engages in the exploration, appraisal, and development of crude oil and natural gas in Peru, South America. Its primary asset is the Bretana oil field located in the Marañón Basin of northern Peru. The company was formerly known as Sterling Resources Ltd. and changed its name to PetroTal Corp. in June 2018. PetroTal Corp. is headquartered in Houston, Texas.
PetroTal Dividend Announcement
• PetroTal announced a quarterly dividend of $0.01 per ordinary share which will be made payable on 2024-12-13. Ex dividend date: 2024-11-29
• PetroTal annual dividend for 2024 was $0.06
• PetroTal annual dividend for 2023 was $0.06
• PetroTal's trailing twelve-month (TTM) dividend yield is 15.4%
• PetroTal's payout ratio for the trailing twelve months (TTM) is 58.50%
PetroTal Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-29 | $0.01 | quarterly | 2024-12-13 |
2024-08-30 | $0.01 | quarterly | 2024-09-13 |
2024-05-31 | $0.01 | quarterly | 2024-06-14 |
2024-02-28 | $0.02 | quarterly | |
2023-11-29 | $0.02 | quarterly | 2023-12-15 |
2023-08-30 | $0.03 | quarterly | 2023-09-15 |
2023-05-30 | $0.01 | quarterly | 2023-06-15 |
2019-12-19 | $0.00 | quarterly | 2020-01-20 |
2017-07-05 | $0.48 | quarterly |
PetroTal Dividend per year
PetroTal Dividend Yield
PetroTal current trailing twelve-month (TTM) dividend yield is 15.4%. Interested in purchasing PetroTal stock? Use our calculator to estimate your expected dividend yield:
PetroTal Financial Ratios
PetroTal Dividend FAQ
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.
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