Key Petroleum Limited (ASX: KEY)

Company Profile: Key Petroleum Limited (ASX: KEY) is an Australian oil and gas company engaged in mining and exploration in the Cooper Eromanga and North Perth Basins. The company operates under several subsidiaries such as Key Cooper Basin Pty Ltd, Key Petroleum (Australia) Pty Ltd and Puma Petroleum S.r.l. The company is headed by Kane Marshall as MD and Rex Turkington as Non-Executive Chairman.

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People prefer a dividend stock in their portfolio as it possesses the feature of compounding. Compounding means that the earning which is generated through these dividend stock will get reinvested and will eventually create earnings from earning. More precisely, the dividend generated from these dividend stock will get reinvested to buy another set of a share of the dividend stock which results in giving a higher dividend.

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