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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2016-04-05 | C$0.42 | annually |
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
ROK 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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