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Pieridae Energy Limited operates as an energy producing company in Canada. The company operates through two segments: Upstream and Liquefied Natural Gas (LNG). The Upstream segment owns petroleum and natural gas production operations and properties in Western Canada. The LNG segment focuses on the development of an integrated LNG facility in Goldboro, Nova Scotia. As of December 31, 2021, the company owned land holdings located in the provinces of Alberta, Saskatchewan, Québec, and New Brunswick, which covers a total area of approximately 1,524,533 acres on a gross basis and approximately 1,179,628 acres on a net basis. The company was founded in 2011 and is headquartered in Calgary, Canada.

Pieridae Energy Dividend Announcement

• Pieridae Energy announced a annually dividend of $0.07 per ordinary share which will be made payable on . Ex dividend date: 2017-10-19
• Pieridae Energy's trailing twelve-month (TTM) dividend yield is -%

Pieridae Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2017-10-19$0.07annually

Pieridae Energy Dividend per year

Pieridae Energy Dividend Yield

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

Pieridae Energy Financial Ratios

P/E ratio-3.40
PEG ratio-0.02
P/B ratio0.21
ROE-6.67%
Payout ratio0.00%
Current ratio0.97
Quick ratio0.93
Cash Ratio0.06

Pieridae Energy Dividend FAQ

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