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Petro-king Oilfield Services Limited, an investment holding company, provides oilfield technology services in the People's Republic of China, the Middle East, and internationally. It operates through Oilfield Project Tools and Services, Consultancy Services, and Others segments. The company offers oilfield project tools and services, such as oilfield development plan, procurement advice, tools and equipment installation, and on-site project management services, as well as assembles and sells oilfield project tools. It also provides integrated project management services that include engineering and designing an overall development plan for an oilfield project; assisting and providing advice on sourcing; oilfield project management services in the areas of drilling, well completion, downhole operation, oilfield equipment installation, and production enhancement; and on-site operational management, supervision, support, and advice services. In addition, the company offers supervisory services that comprise management, supervision, and technical support in technical areas in various stages of the oilfield project. Further, it is involved in the trading of oilfield tools and equipment. The company was formerly known as Termbray Petro-king Oilfield Services Limited and changed its name to Petro-king Oilfield Services Limited in May 2014. Petro-king Oilfield Services Limited was founded in 2002 and is headquartered in Shenzhen, the People's Republic of China.

Petro-king Oilfield Services Dividend Announcement

• Petro-king Oilfield Services announced a annually dividend of HK$0.05 per ordinary share which will be made payable on 2014-07-25. Ex dividend date: 2014-06-23
• Petro-king Oilfield Services's trailing twelve-month (TTM) dividend yield is -%

Petro-king Oilfield Services Dividend History

Ex-Div dateDividend amountDividend typePay date
2014-06-23HK$0.05annually2014-07-25

Petro-king Oilfield Services Dividend per year

Petro-king Oilfield Services Dividend Yield

Petro-king Oilfield Services current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Petro-king Oilfield Services stock? Use our calculator to estimate your expected dividend yield:

Petro-king Oilfield Services Financial Ratios

P/E ratio-2.13
PEG ratio-0.21
P/B ratio0.64
ROE-30.24%
Payout ratio0.00%
Current ratio1.03
Quick ratio0.97
Cash Ratio0.09

Petro-king Oilfield Services Dividend FAQ

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