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Nan Nan Resources Enterprise Limited, an investment holding company, mines and sells coal in the Mainland China, Hong Kong, Singapore, the United Kingdom, and Malaysia. The company operates through three segments: Coal Mining Business, Renewable Energy Business, and IT Services Business. It owns mining right in the Kaiyuan Open Pit Coal Mine and an exploration right in the Zexu Open Pit Coal Mine in Xinjiang. The company also provides renewable energy solutions and solar farm development services. In addition, it provides information technology outsourcing, consultancy, and technical services, as well as sells IT hardware products. The company was formerly known as International Resources Enterprise Limited and changed its name to Nan Nan Resources Enterprise Limited in September 2011. Nan Nan Resources Enterprise Limited is headquartered in Admiralty, Hong Kong. Nan Nan Resources Enterprise Limited is a subsidiary of Ascent Goal Investments Limited.

Nan Nan Resources Enterprise Dividend Announcement

• Nan Nan Resources Enterprise announced a annually dividend of HK$0.03 per ordinary share which will be made payable on 1998-01-23. Ex dividend date: 1998-01-13
• Nan Nan Resources Enterprise's trailing twelve-month (TTM) dividend yield is -%

Nan Nan Resources Enterprise Dividend History

Ex-Div dateDividend amountDividend typePay date
1998-01-13HK$0.03annually1998-01-23

Nan Nan Resources Enterprise Dividend per year

Nan Nan Resources Enterprise Dividend Yield

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

Nan Nan Resources Enterprise Financial Ratios

P/E ratio46.11
PEG ratio-0.34
P/B ratio10.52
ROE26.43%
Payout ratio0.00%
Current ratio2.61
Quick ratio2.58
Cash Ratio2.47

Nan Nan Resources Enterprise Dividend FAQ

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