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

Permex Petroleum Dividend Yield % Chart

Permex Petroleum Quarterly Data
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Competitive Comparison of Permex Petroleum's Dividend Yield %

For the Oil & Gas E&P subindustry, Permex Petroleum's Dividend Yield %, along with its competitors' market caps and 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 Dividend Yield % Distribution in the Oil & Gas Industry

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

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

Permex Petroleum 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) 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 Dividend Yield % Related Terms

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Permex Petroleum (XCNQ:OIL) Business Description