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Stampede Drilling Inc. provides drilling rig services for the oil and natural gas industry in North America. It provides drilling rig services in southeast Saskatchewan and Alberta; and operational management services in the United States. It operates a fleet of 10 telescopic double drilling rigs. The company was formerly known as MATRRIX Energy Technologies Inc. and changed its name to Stampede Drilling Inc. in May 2019. Stampede Drilling Inc. was incorporated in 2011 and is headquartered in Calgary, Canada.

Stampede Drilling Dividend Announcement

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

Stampede Drilling Dividend History

Stampede Drilling Dividend Yield

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

Stampede Drilling Financial Ratios

P/E ratio4.59
PEG ratio0.04
P/B ratio0.51
ROE11.28%
Payout ratio0.00%
Current ratio1.29
Quick ratio1.29
Cash Ratio0.26

Stampede Drilling Dividend FAQ

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