China Huarong Energy Company Limited, an investment holding company, engages in the energy exploration and production businesses. It explores for, produces, and sells crude oil. The company operates five oilfields in the Fergana Valley of the Republic of Kyrgyzstan; and sells petroleum products. It is also involved in commodity trading business; and oil and gas wholesale and distribution activities. The company was formerly known as China Rongsheng Heavy Industries Group Holdings Limited and changed its name to China Huarong Energy Company Limited in April 2015. China Huarong Energy Company Limited was founded in 2004 and is headquartered in Wan Chai, Hong Kong.
China Huarong Energy Dividend Announcement
• China Huarong Energy announced a annually dividend of HK$0.02 per ordinary share which will be made payable on 2012-06-14. Ex dividend date: 2012-05-28
• China Huarong Energy's trailing twelve-month (TTM) dividend yield is -%
China Huarong Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2012-05-28 | HK$0.02 | annually | 2012-06-14 |
2011-09-08 | HK$0.05 | annually | 2011-09-29 |
2011-04-19 | HK$0.07 | annually | 2011-05-12 |
China Huarong Energy Dividend per year
China Huarong Energy Dividend Yield
China Huarong Energy current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing China Huarong Energy stock? Use our calculator to estimate your expected dividend yield:
China Huarong Energy Financial Ratios
China Huarong Energy Dividend FAQ
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.
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