TomCo Energy Plc operates as an oil shale exploration and development company primarily in the United Kingdom and the United States. It holds 100% interests in nine oil shale leases covering approximately 15,488 acres located in Uintah County, Utah. The company is based in Douglas, the Isle of Man.
TomCo Energy Dividend Announcement
• TomCo Energy announced a annually dividend of £1.32 per ordinary share which will be made payable on 1996-12-20. Ex dividend date: 1996-12-09
• TomCo Energy's trailing twelve-month (TTM) dividend yield is -%
TomCo Energy Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 1996-12-09 | £1.32 | annually | 1996-12-20 |
TomCo Energy Dividend per year
TomCo Energy Dividend Yield
TomCo Energy current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing TomCo Energy stock? Use our calculator to estimate your expected dividend yield:
TomCo Energy Financial Ratios
P/E ratio-0.29
PEG ratio-2.32
P/B ratio0.11
ROE-41.45%
Payout ratio0.00%
Current ratio0.17
Quick ratio0.17
Cash Ratio0.11
TomCo Energy Dividend FAQ
Does TomCo Energy stock pay dividends?
TomCo Energy does not currently pay dividends to its shareholders.
Has TomCo Energy ever paid a dividend?
No, TomCo Energy has no a history of paying dividends to its shareholders. TomCo Energy is not known for its dividend payments.
Why doesn't TomCo Energy pay dividends?
There are several potential reasons why TomCo 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.
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 TomCo 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 TomCo 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 TomCo Energy a dividend aristocrat?
TomCo 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 TomCo Energy a dividend king?
TomCo 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 TomCo Energy a dividend stock?
No, TomCo 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 TomCo Energy stocks?
To buy TomCo 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 TomCo 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.
Place an order: Use the brokerage's trading platform to place an order to buy TomCo 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.