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CGN Mining Company Limited engages in the development and trading of natural uranium resources to nuclear power plants. The company is also involved in property investment and leasing activities. It has operations in Hong Kong, the United States, the People's Republic of China, Canada, the United Kingdom, rest of Europe, and the Czech Republic. The company was founded in 1998 and is headquartered in Wan Chai, Hong Kong. CGN Mining Company Limited is a subsidiary of China Uranium Development Company Limited.

CGN Mining Dividend Announcement

• CGN Mining announced a annually dividend of $0.00 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-09-09
• CGN Mining annual dividend for 2024 was $0.00
• CGN Mining's trailing twelve-month (TTM) dividend yield is 0.02%

CGN Mining Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-09$0.00annually2024-09-20
2021-06-22$0.00annually2021-07-30

CGN Mining Dividend per year

CGN Mining Dividend Yield

CGN Mining current trailing twelve-month (TTM) dividend yield is 0.02%. Interested in purchasing CGN Mining stock? Use our calculator to estimate your expected dividend yield:

CGN Mining Financial Ratios

P/E ratio17.61
PEG ratio0.05
P/B ratio3.43
ROE20.16%
Payout ratio0.00%
Current ratio1.52
Quick ratio0.93
Cash Ratio0.52

CGN Mining Dividend FAQ

Does CGN Mining stock pay dividends?
CGN Mining does not currently pay dividends to its shareholders.
Has CGN Mining ever paid a dividend?
No, CGN Mining has no a history of paying dividends to its shareholders. CGN Mining is not known for its dividend payments.
Why doesn't CGN Mining pay dividends?
There are several potential reasons why CGN Mining would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will CGN Mining ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While CGN Mining has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is CGN Mining a dividend aristocrat?
CGN Mining is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is CGN Mining a dividend king?
CGN Mining is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is CGN Mining a dividend stock?
No, CGN Mining is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy CGN Mining stocks?
To buy CGN Mining you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy CGN Mining stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.