AKITA Drilling Dividends

AKT-A Stock  CAD 1.61  0.01  0.63%   
Dividend Yield is likely to gain to 0.20 in 2024, despite the fact that Dividend Payout Ratio is likely to grow to (0.56). AKITA Drilling's past performance could be the main factor of why investors trade AKITA Drilling stock today. Investors should clearly understand every aspect of the AKITA Drilling dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest AKITA Drilling's dividend schedule and payout information. AKITA Drilling dividends can also provide a clue to the current valuation of AKITA Drilling.
 
Number Of Dividends  
Years Issued
24
Previous Year
4 Times
Current Year
2 Times
Year Average
3.79
Volatility
0.59
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Last ReportedProjected for Next Year
Dividend Yield 0.19  0.20 
Dividend Payout Ratio(0.58)(0.56)
Dividend Paid And Capex Coverage Ratio 1.45  1.28 
One of the primary advantages of investing in dividend-paying companies such as AKITA Drilling is that dividends usually grow steadily over time. As a result, well-established companies that pay dividends typically increase their dividend payouts yearly, which many long-term traders find attractive.
  
Investing in stocks that pay dividends is one of many strategies that are good for long-term investments. Ex-dividend dates are significant because investors in AKITA Drilling must own a stock before its ex-dividend date to receive its next dividend.

Please note, there is a significant difference between AKITA Drilling's value and its price as these two are different measures arrived at by different means. Investors typically determine if AKITA Drilling is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AKITA Drilling's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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