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Xinjiang Zhundong Petroleum Technology Co., Ltd. offers oilfield dynamic monitoring and enhanced oil recovery technical services for oil and natural gas exploration companies in China and internationally. The company provides transportation, property management and landscaping services, chemical products, oilfield technical services, and repair and technical services of machinery and professional equipment. It also offers oilfield dynamic monitoring technologies, such as well testing, production logging, tracers, and micro seismic services; downhole operation technical services, including well workover, coiled tubing, nitrogen production, and nitrogen injection; production and efficiency measures; and oilfield research services. Xinjiang Zhundong Petroleum Technology Co., Ltd. was founded in 2001 and is based in Fukang, China.

Xinjiang Zhundong Petroleum Technology Dividend Announcement

Xinjiang Zhundong Petroleum Technology announced a annually dividend of ¥0.01 per ordinary share which will be made payable on . Ex dividend date: 2015-05-19
Xinjiang Zhundong Petroleum Technology's trailing twelve-month (TTM) dividend yield is -%
Xinjiang Zhundong Petroleum Technology's payout ratio for the trailing twelve months (TTM) is -37.45%

Xinjiang Zhundong Petroleum Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2015-05-19¥0.01annually
2014-06-19¥0.05annually
2013-04-23¥0.06annually
2012-05-22¥0.05annually
2009-05-15¥0.20annually
2008-05-16¥0.10annually

Xinjiang Zhundong Petroleum Technology Dividend per year

Xinjiang Zhundong Petroleum Technology Dividend growth

Xinjiang Zhundong Petroleum Technology Dividend Yield

Xinjiang Zhundong Petroleum Technology current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Xinjiang Zhundong Petroleum Technology stock? Use our calculator to estimate your expected dividend yield:

Xinjiang Zhundong Petroleum Technology Financial Ratios

P/E ratio-94.09
PEG ratio0.15
P/B ratio22.04
ROE-21.78%
Payout ratio-37.45%
Current ratio0.83
Quick ratio0.82
Cash Ratio0.21

Xinjiang Zhundong Petroleum Technology Dividend FAQ

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