Geo-Jade Petroleum Corporation engages in the exploration and development of oil and gas properties. It holds interests in six exploration blocks and three development blocks with a total acreage of nearly 30,000 square kilometers in the Pre-Caspian and Chu-Sarysu basins in Kazakhstan. The company was formerly known as Hainan Zhenghe Industrial Group Co., Ltd. and changed its name to Geo-Jade Petroleum Corporation in August 2014. Geo-Jade Petroleum Corporation was founded in 1984 and is based in Beijing, China.
Geo-Jade Petroleum Dividend Announcement
• Geo-Jade Petroleum announced a annually dividend of ¥0.01 per ordinary share which will be made payable on 2017-07-12. Ex dividend date: 2017-07-12
• Geo-Jade Petroleum's trailing twelve-month (TTM) dividend yield is -%
• Geo-Jade Petroleum's payout ratio for the trailing twelve months (TTM) is 5.71%
Geo-Jade Petroleum Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2017-07-12 | ¥0.01 | annually | 2017-07-12 |
2016-07-13 | ¥0.02 | annually | |
2014-05-15 | ¥0.01 | annually | |
2013-08-20 | ¥0.07 | annually | |
2012-06-14 | ¥0.05 | annually | |
1998-12-02 | ¥0.05 | annually |
Geo-Jade Petroleum Dividend per year
Geo-Jade Petroleum Dividend growth
Geo-Jade Petroleum Dividend Yield
Geo-Jade Petroleum current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Geo-Jade Petroleum stock? Use our calculator to estimate your expected dividend yield:
Geo-Jade Petroleum Financial Ratios
Geo-Jade Petroleum 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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