TAG Oil Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas in Canada, the Middle East, and North Africa. The company was formerly known as Durum Cons. Energy Corp. and changed its name to TAG Oil Ltd. in June 2002. The company was incorporated in 1990 and is headquartered in Vancouver, Canada.
TAG Oil Dividend Announcement
• TAG Oil announced a annually dividend of $0.21 per ordinary share which will be made payable on . Ex dividend date: 2020-04-15
• TAG Oil's trailing twelve-month (TTM) dividend yield is -%
TAG Oil Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2020-04-15 | $0.21 | annually |
TAG Oil Dividend per year
TAG Oil Dividend Yield
TAG Oil current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing TAG Oil stock? Use our calculator to estimate your expected dividend yield:
TAG Oil Financial Ratios
P/E ratio-9.58
PEG ratio3.38
P/B ratio0.62
ROE-11.15%
Payout ratio0.00%
Current ratio2.69
Quick ratio2.69
Cash Ratio2.28
TAG Oil Dividend FAQ
Does TAG Oil stock pay dividends?
TAG Oil does not currently pay dividends to its shareholders.
Has TAG Oil ever paid a dividend?
No, TAG Oil has no a history of paying dividends to its shareholders. TAG Oil is not known for its dividend payments.
Why doesn't TAG Oil pay dividends?
There are several potential reasons why TAG Oil 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.
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 TAG Oil 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 TAG Oil 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 TAG Oil a dividend aristocrat?
TAG Oil 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 TAG Oil a dividend king?
TAG Oil 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 TAG Oil a dividend stock?
No, TAG Oil 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 TAG Oil stocks?
To buy TAG Oil 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 TAG Oil 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.
Place an order: Use the brokerage's trading platform to place an order to buy TAG Oil 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.