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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 dateDividend amountDividend typePay date
2012-05-28HK$0.02annually2012-06-14
2011-09-08HK$0.05annually2011-09-29
2011-04-19HK$0.07annually2011-05-12

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

P/E ratio-0.65
PEG ratio-0.04
P/B ratio-0.02
ROE3.31%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

China Huarong Energy Dividend FAQ

Does China Huarong Energy stock pay dividends?
China Huarong Energy does not currently pay dividends to its shareholders.
Has China Huarong Energy ever paid a dividend?
No, China Huarong Energy has no a history of paying dividends to its shareholders. China Huarong Energy is not known for its dividend payments.
Why doesn't China Huarong Energy pay dividends?
There are several potential reasons why China Huarong Energy 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 China Huarong Energy 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 China Huarong Energy 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 China Huarong Energy a dividend aristocrat?
China Huarong Energy 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 China Huarong Energy a dividend king?
China Huarong Energy 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 China Huarong Energy a dividend stock?
No, China Huarong Energy 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 China Huarong Energy stocks?
To buy China Huarong Energy 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 China Huarong Energy 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.