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Laredo Oil (Laredo Oil) Forward Dividend Yield % : 0.00% (As of Jun. 09, 2024)


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What is Laredo Oil Forward Dividend Yield %?

As of today (2024-06-09), the Forward Annual Dividend Yield of Laredo Oil is 0.00%.

As of today (2024-06-09), the Trailing Annual Dividend Yield of Laredo Oil is 0.00%.

LRDC's Forward Dividend Yield % is not ranked *
in the Oil & Gas industry.
Industry Median: 4.47
* Ranked among companies with meaningful Forward Dividend Yield % only.

Laredo Oil's Dividends per Share for the three months ended in Feb. 2024 was $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 Laredo Oil's Forward Dividend Yield %

For the Oil & Gas E&P subindustry, Laredo Oil'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.


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

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

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



Laredo Oil Forward Dividend Yield % Calculation

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


Laredo Oil  (OTCPK:LRDC) 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.


Laredo Oil Forward Dividend Yield % Related Terms

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Laredo Oil (Laredo Oil) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2021 Guadalupe Street, Suite 260, Austin, TX, USA, 78705
Laredo Oil Inc is an oil exploration and production company. It is engaged in managing the acquisition and conventional operation of mature oil fields and the further recovery of stranded oil from those fields using enhanced oil recovery (EOR) methods. The company focuses on EOR applications in depleted and mature oil fields.