Prairie Provident Resources Inc. engages in the exploration and development of oil and natural gas properties in Alberta. It explores for light and medium oil, heavy crude oil, and natural gas liquids. The company principally focuses on the Princess and Michichi areas targeting the Lithic Glauconite, Detrital, Ellerslie, and Banff formations Southern Alberta; and the Waterflood project at Evi property located in the Peace River Arch area of Northern Alberta. Its reserves, producing properties, and principal exploration prospects are situated in the provinces of Alberta. The company was incorporated in 2016 and is headquartered in Calgary, Canada.
Prairie Provident Resources Dividend Announcement
• Prairie Provident Resources announced a quarterly dividend of $0.02 per ordinary share which will be made payable on . Ex dividend date: 2015-11-10
• Prairie Provident Resources's trailing twelve-month (TTM) dividend yield is -%
Prairie Provident Resources Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2015-11-10 | $0.02 | quarterly | |
2015-08-12 | $0.02 | quarterly | |
2015-05-13 | $0.02 | quarterly | |
2015-02-12 | $0.03 | quarterly | |
2014-11-12 | $0.07 | quarterly | |
2014-08-14 | $0.07 | quarterly | |
2014-05-14 | $0.07 | quarterly | |
2014-02-19 | $0.06 | quarterly | |
2013-11-13 | $0.06 | quarterly | |
2013-08-13 | $0.01 | quarterly |
Prairie Provident Resources Dividend per year
Prairie Provident Resources Dividend growth
Prairie Provident Resources Dividend Yield
Prairie Provident Resources current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Prairie Provident Resources stock? Use our calculator to estimate your expected dividend yield:
Prairie Provident Resources Financial Ratios
Prairie Provident Resources 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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