Royale Energy Inc
For the period ended Dec 31, 2023. Filed Apr 12, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Apr 12, 2024
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Dividends
The Board of Directors did not issue cash dividends in either 2023 or 2022. The Board of Directors did declare dividends during 2023 and 2022 on the preferred stock to be Paid In Kind (“PIK”) of 84,470 and 81,580 shares with a respective par value of $844,700 and $815,772, as more fully set forth in Note 5 to our Financial Statements.
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