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Synergia Energy Ltd engages in the exploration for, appraisal, development, production, and sale of oil and gas in Australia, India, and Indonesia. It primarily holds 100% interest in the Cambay field located in the Cambay basin, onshore Gujarat, India. The company was formerly known as Oilex Ltd and changed its name to Synergia Energy Ltd in July 2022. The company was incorporated in 1997 and is headquartered in West Perth, Australia.

Synergia Energy Dividend Announcement

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

Synergia Energy Dividend History

Synergia Energy Dividend Yield

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

Synergia Energy Financial Ratios

P/E ratio-2.10
PEG ratio-17.92
P/B ratio0.72
ROE-31.90%
Payout ratio0.00%
Current ratio0.29
Quick ratio0.28
Cash Ratio0.23

Synergia Energy Dividend FAQ

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