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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 dateDividend amountDividend typePay date
2017-07-12¥0.01annually2017-07-12
2016-07-13¥0.02annually
2014-05-15¥0.01annually
2013-08-20¥0.07annually
2012-06-14¥0.05annually
1998-12-02¥0.05annually

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

P/E ratio7.86
PEG ratio0.16
P/B ratio1.30
ROE16.79%
Payout ratio5.71%
Current ratio1.40
Quick ratio1.29
Cash Ratio0.76

Geo-Jade Petroleum Dividend FAQ

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