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CNNC International Limited, an investment holding company, explores for and trades in mineral properties in Mongolia and the People's Republic of China. It operates through Trading of Mineral Property, Exploration and Selling of Mineral Properties, and Supply Chain segments. The company holds interests in uranium projects located in Mongolia. It also sells electronics and other products, including liquid crystal displays, flash drives, memory cards, metal raw materials, etc.; and offers supply chain services. The company was formerly known as United Metals Holdings Limited and changed its name to CNNC International Limited in August 2008. The company was incorporated in 2002 and is headquartered in Hong Kong, Hong Kong. CNNC International Limited is a subsidiary of CNNC Overseas Uranium Holding Limited.

CNNC International Dividend Announcement

CNNC International announced a annually dividend of HK$0.02 per ordinary share which will be made payable on 2004-06-08. Ex dividend date: 2004-05-18
CNNC International's trailing twelve-month (TTM) dividend yield is -%

CNNC International Dividend History

Ex-Div dateDividend amountDividend typePay date
2004-05-18HK$0.02annually2004-06-08
2003-09-08HK$0.02annually2003-09-18

CNNC International Dividend per year

CNNC International Dividend Yield

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

CNNC International Financial Ratios

P/E ratio5.17
PEG ratio0.41
P/B ratio1.74
ROE33.95%
Payout ratio0.00%
Current ratio2.05
Quick ratio0.64
Cash Ratio0.62

CNNC International Dividend FAQ

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