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Vitesse Energy, Inc. focuses on acquisition, ownership, exploration, development, management, production, exploitation, and dispose of oil and gas properties. The company acquires non-operated working interest and royalty interest ownership primarily in the core of the Bakken Field in North Dakota and Montana. It also owns non-operated interests in oil and gas properties in Colorado and Wyoming. The company was incorporated in 2022 and is based in Centennial, Colorado.

Vitesse Energy Dividend Announcement

Vitesse Energy announced a quarterly dividend of $0.53 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-16
Vitesse Energy annual dividend for 2024 was $1.55
Vitesse Energy annual dividend for 2023 was $2.00
Vitesse Energy's trailing twelve-month (TTM) dividend yield is 7.9%
Vitesse Energy's payout ratio for the trailing twelve months (TTM) is 224.07%

Vitesse Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-16$0.53quarterly2024-09-30
2024-06-14$0.53quarterly2024-06-28
2024-03-14$0.50quarterly2024-03-29
2023-12-14$0.50quarterly2023-12-29
2023-09-14$0.50quarterly2023-09-29
2023-06-14$0.50quarterly2023-06-30
2023-03-14$0.50quarterly2023-03-31

Vitesse Energy Dividend per year

Vitesse Energy Dividend Yield

Vitesse Energy current trailing twelve-month (TTM) dividend yield is 7.9%. Interested in purchasing Vitesse Energy stock? Use our calculator to estimate your expected dividend yield:

Vitesse Energy Financial Ratios

P/E ratio28.68
PEG ratio1.32
P/B ratio1.50
ROE5.11%
Payout ratio224.07%
Current ratio0.83
Quick ratio0.83
Cash Ratio0.00

Vitesse Energy Dividend FAQ

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