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Reconnaissance Energy Africa Ltd., a junior oil and gas company, engages in exploration and development of oil and gas potential in Namibia and Botswana. It holds a 90% interest in a petroleum exploration license that covers an area of approximately 25,341.33 km2 located in Namibia; and 100% working interest in a petroleum license, which covers an area of 8,990 square km2 located in northwestern Botswana. The company is headquartered in Vancouver, Canada.

Reconnaissance Energy Africa Dividend Announcement

• Reconnaissance Energy Africa does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Reconnaissance Energy Africa dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Reconnaissance Energy Africa Dividend History

Reconnaissance Energy Africa Dividend Yield

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

Reconnaissance Energy Africa Financial Ratios

P/E ratio-5.96
PEG ratio-0.17
P/B ratio1.45
ROE-30.17%
Payout ratio0.00%
Current ratio2.26
Quick ratio2.26
Cash Ratio1.91

Reconnaissance Energy Africa Dividend FAQ

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