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ROK Resources Inc. engages in the oil and gas exploration and development activities in Western Canada. As of April 19, 2022, it had a proved developed producing oil and gas reserves of 6,900 thousands of barrels of oil equivalent (Mboe); total proved oil and gas reserves of 9,290 Mboe; and total proved plus probable oil and gas reserves of 15,448 Mboe. The company was formerly known as Petrodorado Energy Ltd. and changed its name to ROK Resources Inc. in January 2020. ROK Resources Inc. is headquartered in Regina, Canada.

ROK Resources Dividend Announcement

• ROK Resources announced a annually dividend of C$0.42 per ordinary share which will be made payable on . Ex dividend date: 2016-04-05
• ROK Resources's trailing twelve-month (TTM) dividend yield is -%

ROK Resources Dividend History

Ex-Div dateDividend amountDividend typePay date
2016-04-05C$0.42annually

ROK Resources Dividend per year

ROK Resources Dividend Yield

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

ROK Resources Financial Ratios

P/E ratio-2.70
PEG ratio-0.06
P/B ratio0.48
ROE-17.09%
Payout ratio0.00%
Current ratio0.65
Quick ratio0.65
Cash Ratio0.00

ROK Resources Dividend FAQ

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