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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 dateDividend amountDividend typePay date
2015-11-10$0.02quarterly
2015-08-12$0.02quarterly
2015-05-13$0.02quarterly
2015-02-12$0.03quarterly
2014-11-12$0.07quarterly
2014-08-14$0.07quarterly
2014-05-14$0.07quarterly
2014-02-19$0.06quarterly
2013-11-13$0.06quarterly
2013-08-13$0.01quarterly

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

P/E ratio-1.01
PEG ratio-0.20
P/B ratio-0.56
ROE70.63%
Payout ratio0.00%
Current ratio0.15
Quick ratio0.15
Cash Ratio0.07

Prairie Provident Resources Dividend FAQ

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