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Triangle Energy (Global) Limited engages in the exploration and production of oil and gas properties in Australia. It holds a 78.75% interest in Cliff Head Oil Field with a production license covering 72 square kilometers and the oil field covering 6 square kilometers, located in Perth Basin, Western Australia. The company also holds a 45% interest in the Xanadu-1 oil field and a 50% interest in the Mount Horner Production licence located in the Perth Basin. Triangle Energy (Global) Limited is headquartered in West Perth, Australia.

Triangle Energy Dividend Announcement

• Triangle Energy announced a annually dividend of A$0.00 per ordinary share which will be made payable on 2010-09-30. Ex dividend date: 2010-09-10
• Triangle Energy's trailing twelve-month (TTM) dividend yield is -%

Triangle Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2010-09-10A$0.00annually2010-09-30

Triangle Energy Dividend per year

Triangle Energy Dividend Yield

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

Triangle Energy Financial Ratios

P/E ratio-0.51
PEG ratio-0.03
P/B ratio2.45
ROE-286.17%
Payout ratio0.00%
Current ratio3.18
Quick ratio2.60
Cash Ratio1.70

Triangle Energy Dividend FAQ

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