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New Times Energy Corporation Limited, an investment holding company, engages in the oil and gas exploration and production business. It operates in two segments, Upstream; and General and Commodities Refinery and Trading. The company trades in non-ferrous metals, gold, and petroleum-related products; and explores, develops, produces, and sells crude oil. It also holds a 69.25% interest in the Tartagal Oriental and Morillo concessions located in the province of Salta; and 50% interest in the Los Blancos Concession covering an area of 95 square kilometers located in the province of Salta, Northern Argentina. New Times Energy Corporation Limited was incorporated in 1998 and is headquartered in Central, Hong Kong. New Times Energy Corporation Limited operates as a subsidiary of Max Sun Enterprises Limited.

New Times Energy Dividend Announcement

New Times Energy does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
Stay tuned for updates on New Times Energy dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

New Times Energy Dividend History

New Times Energy Dividend Yield

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

New Times Energy Financial Ratios

P/E ratio-2.02
PEG ratio-0.05
P/B ratio0.41
ROE-19.92%
Payout ratio0.00%
Current ratio2.32
Quick ratio1.58
Cash Ratio1.34

New Times Energy Dividend FAQ

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