Permex Petroleum (XCNQ:OIL) Forward Dividend Yield % : 0.00% (As of Jun. 06, 2024)

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What is Permex Petroleum Forward Dividend Yield %?

As of today (2024-06-06), the Forward Annual Dividend Yield of Permex Petroleum is 0.00%.

As of today (2024-06-06), the Trailing Annual Dividend Yield of Permex Petroleum is 0.00%.

XCNQ:OIL's Forward Dividend Yield % is not ranked ^*
in the Oil & Gas industry.
Industry Median: 4.42
* Ranked among companies with meaningful Forward Dividend Yield % only.

Permex Petroleum's Dividends per Share for the three months ended in Jun. 2023 was C$0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Competitive Comparison of Permex Petroleum's Forward Dividend Yield %

For the Oil & Gas E&P subindustry, Permex Petroleum's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Permex Petroleum's Forward Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Permex Petroleum's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Permex Petroleum's Forward Dividend Yield % falls into.

Permex Petroleum Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Permex Petroleum (XCNQ:OIL) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Permex Petroleum Forward Dividend Yield % Related Terms

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Permex Petroleum (XCNQ:OIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Permex Petroleum Corp (XCNQ:OIL) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

OILCF:USA 75P:Germany

Address

666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 2X8

Website

https://www.permexpetroleum.com

Permex Petroleum Corp is a junior oil and gas company with assets and operations across the Permian Basin of West Texas and the Delaware SubBasin of New Mexico. The company through its wholly-owned subsidiary, Permex Petroleum US Corporation owns and operates on private, state, and federal land. The company has a single reportable segment i.e. acquisition, development, and production of oil and gas properties in the United States.

Executives

Mehran Ehsan

Director, Senior Officer