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CHK Oil Limited, an investment holding company, engages in the exploration, exploitation, development, production, and sale of oil and natural gas in Hong Kong, the United States, and the People Republic of China. The company holds an exploitation interest in the Utah Gas and Oil Field project located in Utah, the United States. It also trades in oil and oil-related products; and provides corporate services. The company was formerly known as Pearl Oriental Oil Limited and changed its name to CHK Oil Limited in February 2020. CHK Oil Limited is based in Tsim Sha Tsui, Hong Kong. CHK Oil Limited operates as a subsidiary of Xin Hua Petroleum (Hong Kong) Limited.

CHK Oil Dividend Announcement

• CHK Oil announced a annually dividend of HK$0.02 per ordinary share which will be made payable on . Ex dividend date: 2011-05-20
• CHK Oil's trailing twelve-month (TTM) dividend yield is -%

CHK Oil Dividend History

Ex-Div dateDividend amountDividend typePay date
2011-05-20HK$0.02annually

CHK Oil Dividend per year

CHK Oil Dividend Yield

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

CHK Oil Financial Ratios

P/E ratio-2.82
PEG ratio0.01
P/B ratio0.65
ROE-16.85%
Payout ratio0.00%
Current ratio2.06
Quick ratio2.06
Cash Ratio0.48

CHK Oil Dividend FAQ

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