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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2015-05-19 | ¥0.01 | annually | |
2014-06-19 | ¥0.05 | annually | |
2013-04-23 | ¥0.06 | annually | |
2012-05-22 | ¥0.05 | annually | |
2009-05-15 | ¥0.20 | annually | |
2008-05-16 | ¥0.10 | annually |
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
Xinjiang Zhundong Petroleum Technology Dividend FAQ
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.
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