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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 dateDividend amountDividend typePay date
2024-11-29$0.01quarterly2024-12-13
2024-08-30$0.01quarterly2024-09-13
2024-05-31$0.01quarterly2024-06-14
2024-02-28$0.02quarterly
2023-11-29$0.02quarterly2023-12-15
2023-08-30$0.03quarterly2023-09-15
2023-05-30$0.01quarterly2023-06-15
2019-12-19$0.00quarterly2020-01-20
2017-07-05$0.48quarterly

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

P/E ratio3.45
PEG ratio0.03
P/B ratio0.77
ROE22.76%
Payout ratio58.50%
Current ratio2.10
Quick ratio1.90
Cash Ratio1.08

PetroTal Dividend FAQ

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