Canacol Energy Stock Last Dividend Paid

CNE Stock  CAD 3.80  0.07  1.81%   
Canacol Energy fundamentals help investors to digest information that contributes to Canacol Energy's financial success or failures. It also enables traders to predict the movement of Canacol Stock. The fundamental analysis module provides a way to measure Canacol Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Canacol Energy stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Canacol Energy Company Last Dividend Paid Analysis

Canacol Energy's Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.

Last Dividend

 = 

Last Profit Distribution Amount

Total Shares

More About Last Dividend Paid | All Equity Analysis

Current Canacol Energy Last Dividend Paid

    
  0.21  
Most of Canacol Energy's fundamental indicators, such as Last Dividend Paid, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Canacol Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Canacol Last Dividend Paid Driver Correlations

Understanding the fundamental principles of building solid financial models for Canacol Energy is extremely important. It helps to project a fair market value of Canacol Stock properly, considering its historical fundamentals such as Last Dividend Paid. Since Canacol Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Canacol Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Canacol Energy's interrelated accounts and indicators.
Many stable companies today pay out dividends to their shareholders in the form of the income distribution, but high-growth firms rarely offer dividends because all of their earnings are reinvested back to the business.
Competition

Canacol Dividends Paid

Dividends Paid

18.21 Million

At this time, Canacol Energy's Dividends Paid is very stable compared to the past year.
Based on the recorded statements, Canacol Energy has a Last Dividend Paid of 0.211. This is much higher than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The last dividend paid for all Canada stocks is notably lower than that of the firm.

Canacol Energy Current Valuation Drivers

We derive many important indicators used in calculating different scores of Canacol Energy from analyzing Canacol Energy's financial statements. These drivers represent accounts that assess Canacol Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Canacol Energy's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap640.5M531.6M452.1M246.8M179.0M193.5M
Enterprise Value834.1M968.0M826.1M700.5M816.0M856.8M

Canacol Fundamentals

About Canacol Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Canacol Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canacol Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canacol Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Canacol Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canacol Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canacol Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against Canacol Stock

  0.75CCL-A CCL IndustriesPairCorr
The ability to find closely correlated positions to Canacol Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canacol Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canacol Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canacol Energy to buy it.
The correlation of Canacol Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canacol Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canacol Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canacol Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Canacol Stock

Canacol Energy financial ratios help investors to determine whether Canacol Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Canacol with respect to the benefits of owning Canacol Energy security.