Var Energi AS, an independent upstream oil and gas company, explores for, develops, and produces hydrocarbons. The company operates four fields on the Norwegian continental shelf, including the Goliat, Marulk, Balder, and Ringhorne and Ringhorne East fields located in the Barents, the Norwegian, and the North Sea, as well as holds ownership interests in 32 producing partner-operated fields on the Norwegian continental shelf. It has reserves of 1,147 million barrels of oil equivalent on the Norwegian continental shelf. The company was formerly known as Eni Norge AS and changed its name to Var Energi AS in December 2018. The company was founded in 1965 and is based in Sandnes, Norway. Var Energi AS is a subsidiary of Eni International B.V.
Vår Energi Dividend Announcement
• Vår Energi announced a quarterly dividend of kr1.18 per ordinary share which will be made payable on 2024-11-05. Ex dividend date: 2024-10-28
• Vår Energi annual dividend for 2024 was kr4.69
• Vår Energi annual dividend for 2023 was kr4.67
• Vår Energi's trailing twelve-month (TTM) dividend yield is 17.46%
• Vår Energi's payout ratio for the trailing twelve months (TTM) is 171.19%
Vår Energi Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-28 | kr1.18 | quarterly | 2024-11-05 |
2024-07-29 | kr1.18 | quarterly | 2024-08-06 |
2024-04-29 | kr1.19 | quarterly | 2024-05-08 |
2024-02-19 | kr1.14 | quarterly | |
2023-11-03 | kr1.20 | quarterly | 2023-11-16 |
2023-08-04 | kr1.09 | quarterly | 2023-08-14 |
2023-05-03 | kr1.15 | quarterly | 2023-05-10 |
2023-02-24 | kr1.23 | quarterly | 2023-03-03 |
2022-11-02 | kr1.23 | quarterly | 2022-11-09 |
2022-08-04 | kr1.02 | quarterly | 2022-08-11 |
2022-05-05 | kr0.83 | quarterly | 2022-05-12 |
Vår Energi Dividend per year
Vår Energi Dividend growth
Vår Energi Dividend Yield
Vår Energi current trailing twelve-month (TTM) dividend yield is 17.46%. Interested in purchasing Vår Energi stock? Use our calculator to estimate your expected dividend yield:
Vår Energi Financial Ratios
Vår Energi Dividend FAQ
Other factors to consider when evaluating Vår Energi as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Vår Energi's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Vår Energi publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Vår Energi distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Vår Energi are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Vår Energi sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Vår Energi distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Vår Energi declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Vår Energi's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Vår Energi's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.