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TNGMF (TGX Energy & Resources) Dividend Payout Ratio : 0.00 (As of Sep. 2024)


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What is TGX Energy & Resources Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. TGX Energy & Resources's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.00.

The historical rank and industry rank for TGX Energy & Resources's Dividend Payout Ratio or its related term are showing as below:


TNGMF's Dividend Payout Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 0.39
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-12-13), the Dividend Yield % of TGX Energy & Resources is 0.00%.

TGX Energy & Resources's Dividends per Share for the months ended in Sep. 2024 was $0.00.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


TGX Energy & Resources Dividend Payout Ratio Historical Data

The historical data trend for TGX Energy & Resources's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TGX Energy & Resources Dividend Payout Ratio Chart

TGX Energy & Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
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TGX Energy & Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of TGX Energy & Resources's Dividend Payout Ratio

For the Other Precious Metals & Mining subindustry, TGX Energy & Resources's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.


TGX Energy & Resources's Dividend Payout Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, TGX Energy & Resources's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where TGX Energy & Resources's Dividend Payout Ratio falls into.



TGX Energy & Resources Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

TGX Energy & Resources's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0/ -0.007
=N/A

TGX Energy & Resources's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0/ -0.001
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TGX Energy & Resources (OTCPK:TNGMF) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.


TGX Energy & Resources Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of TGX Energy & Resources's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


TGX Energy & Resources Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2
TGX Energy & Resources Inc is engaged in the exploration and evaluation of natural resource properties in Canada. The company operates through the acquisition, exploration, and development of mineral properties segment.

TGX Energy & Resources Headlines

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