Kunlun Energy Company Limited, an investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas. It operates through four segments: Natural Gas Sales; Sales of Liquefied Petroleum Gas (LPG); Liquefied Natural Gas (LNG) Processing and Terminal; and Exploration and Production. The company is also involved in the processing, unloading, storing, gasification, and entrucking of LNG; trading, distribution, and retail sale of various natural gas products; and wholesale and retail of various LPG products. It operates in the People's Republic of China, the Republic of Kazakhstan, the Sultanate of Oman, the Republic of Peru, the Kingdom of Thailand, and the Republic of Azerbaijan. The company was formerly known as CNPC (Hong Kong) Limited and changed its name to Kunlun Energy Company Limited in March 2010. The company was incorporated in 1991 and is based in Hong Kong, Hong Kong. Kunlun Energy Company Limited is a subsidiary of PetroChina Hong Kong Limited.
Kunlun Energy Dividend Announcement
• Kunlun Energy announced a quarterly dividend of $0.00 per ordinary share which will be made payable on 2024-11-15. Ex dividend date: 2024-10-09
• Kunlun Energy annual dividend for 2024 was $0.62
• Kunlun Energy annual dividend for 2023 was $0.37
• Kunlun Energy's trailing twelve-month (TTM) dividend yield is 10.55%
• Kunlun Energy's payout ratio for the trailing twelve months (TTM) is 38.06%
• Kunlun Energy's dividend growth over the last five years (2018-2023) was 2.34% year
• Kunlun Energy's dividend growth over the last ten years (2013-2023) was -12.97% year
Kunlun Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-09 | $0.00 | quarterly | 2024-11-15 |
2024-09-10 | $0.23 | quarterly | |
2024-06-04 | $0.39 | quarterly | 2024-08-02 |
2023-06-02 | $0.37 | quarterly | 2023-08-04 |
2022-05-26 | $0.33 | quarterly | 2022-07-29 |
2021-08-17 | $3.28 | quarterly | |
2021-07-27 | $3.61 | quarterly | |
2021-05-27 | $3.60 | quarterly | 2021-08-16 |
2020-06-01 | $0.36 | quarterly | 2020-08-10 |
2019-06-12 | $0.33 | quarterly | 2019-07-15 |
2018-05-29 | $0.33 | quarterly | 2018-07-11 |
2017-06-07 | $0.09 | quarterly | 2017-07-17 |
2016-05-13 | $0.08 | quarterly | 2016-07-05 |
2016-04-14 | $0.31 | quarterly | |
2015-06-04 | $0.26 | quarterly | 2015-07-06 |
2014-06-12 | $0.27 | quarterly | 2014-07-15 |
2013-05-21 | $1.48 | quarterly | 2013-06-19 |
Kunlun Energy Dividend per year
Kunlun Energy Dividend growth
Kunlun Energy Dividend Yield
Kunlun Energy current trailing twelve-month (TTM) dividend yield is 10.55%. Interested in purchasing Kunlun Energy stock? Use our calculator to estimate your expected dividend yield:
Kunlun Energy Financial Ratios
Kunlun Energy Dividend FAQ
Other factors to consider when evaluating Kunlun Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Kunlun Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Kunlun Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Kunlun Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Kunlun Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Kunlun Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Kunlun Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kunlun Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Kunlun Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Kunlun Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.