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Xtra Energy Corporation engages in the acquisition, exploration, and development of gold properties in Africa. It holds interest in the Malimba mining concession consisting of 2 mining production permits covering 72 mining blocks and 61 square kilometers located in Lubutu lands, province of Maniema. The company was formerly known as X-tra Petroleum Inc. and changed its name to Xtra Energy Corporation in November 2010. Xtra Energy Corporation was founded in 1997 and is based in Fruitland, Idaho.

Xtra Energy Dividend Announcement

• Xtra Energy does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Xtra Energy dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Xtra Energy Dividend History

Xtra Energy Dividend Yield

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

Xtra Energy Financial Ratios

P/E ratio-717.77
PEG ratio-7.18
P/B ratio0.00
ROE0.00%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Xtra Energy Dividend FAQ

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