Yantai Jereh Oilfield Services Group Co., Ltd. provides integrated solutions for the oil and gas, power, and environmental management sectors worldwide. It offers various equipment, such as drilling and workover equipment, cementing fleets, fracturing spreads, coiled tubing units, nitrogen pumping units, heating equipment, plunger pumps and spares, simulation training systems, flowline products, well control equipment, and wellhead equipment; and gas compressors. It also provides integrated oilfield and management services, drilling and completion services, workover and stimulation services, and oil production services; and oilfield surface, gas field surface, pipeline, and liquefied natural gas (LNG) engineering services, as well as oil and gas storage, oil refinery and petrochemical, and LNG/CNG fueling services. In addition, the company provides consulting services, such as investment opportunity study, design, preliminary feasibility-study and feasibility-study report, general-planning design, evaluation of post-production, and others; engineering services consisting of conceptual design, process design package, FEED and basic design, and detail design services; procurement services; construction management services; and modular fabrication services. Further, it offers ecological remediation, solid waste treatment, wastewater treatment, and equipment manufacturing services; and engages in fossil and new energy, and combined energy generation activities. The company was formerly known as Yantai Jereh Equipment Group Co., Ltd. and changed its name to Yantai Jereh Oilfield Services Group Co., Ltd. in November 2007. Yantai Jereh Oilfield Services Group Co., Ltd. was founded in 1999 and is based in Yantai, China.
Yantai Jereh Oilfield Services Dividend Announcement
• Yantai Jereh Oilfield Services announced a semi annually dividend of ¥0.12 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-10-18
• Yantai Jereh Oilfield Services annual dividend for 2024 was ¥0.61
• Yantai Jereh Oilfield Services annual dividend for 2023 was ¥0.33
• Yantai Jereh Oilfield Services's trailing twelve-month (TTM) dividend yield is 2.02%
• Yantai Jereh Oilfield Services's payout ratio for the trailing twelve months (TTM) is 32.02%
• Yantai Jereh Oilfield Services's dividend growth over the last five years (2018-2023) was 22.49% year
• Yantai Jereh Oilfield Services's dividend growth over the last ten years (2013-2023) was 2.84% year
Yantai Jereh Oilfield Services Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-18 | ¥0.12 | semi annually | 2024-10-18 |
| 2024-06-19 | ¥0.49 | semi annually | 2024-06-19 |
| 2023-06-15 | ¥0.33 | semi annually | 2023-06-15 |
| 2022-05-17 | ¥0.18 | semi annually | 2022-05-17 |
| 2021-06-30 | ¥0.18 | semi annually | 2021-06-30 |
| 2020-07-03 | ¥0.16 | semi annually | 2020-07-03 |
| 2019-06-13 | ¥0.12 | semi annually | 2019-06-13 |
| 2018-05-11 | ¥0.12 | semi annually | 2018-05-11 |
| 2017-06-09 | ¥0.03 | semi annually | 2017-06-09 |
| 2016-05-20 | ¥0.03 | semi annually | |
| 2015-05-28 | ¥0.20 | semi annually | |
| 2014-06-09 | ¥0.25 | semi annually | |
| 2013-05-28 | ¥0.25 | semi annually |
Yantai Jereh Oilfield Services Dividend per year
Yantai Jereh Oilfield Services Dividend growth
Yantai Jereh Oilfield Services Dividend Yield
Yantai Jereh Oilfield Services current trailing twelve-month (TTM) dividend yield is 2.02%. Interested in purchasing Yantai Jereh Oilfield Services stock? Use our calculator to estimate your expected dividend yield:
Yantai Jereh Oilfield Services Financial Ratios
P/E ratio14.63
PEG ratio6.89
P/B ratio1.81
ROE12.64%
Payout ratio32.02%
Current ratio2.54
Quick ratio1.92
Cash Ratio0.56
Yantai Jereh Oilfield Services Dividend FAQ
How much is the next Yantai Jereh Oilfield Services dividend?
Yantai Jereh Oilfield Services's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Yantai Jereh Oilfield Services dividend. The next Yantai Jereh Oilfield Services dividend will be released in June.
When is Yantai Jereh Oilfield Services dividend paid?
Yantai Jereh Oilfield Services pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Yantai Jereh Oilfield Services pay?
The specific amount of Yantai Jereh Oilfield Services dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Yantai Jereh Oilfield Services's dividend history.
Does Yantai Jereh Oilfield Services stock pay dividends?
Yes, Yantai Jereh Oilfield Services does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Yantai Jereh Oilfield Services's dividend history.
How much dividend does Yantai Jereh Oilfield Services pay?
Yantai Jereh Oilfield Services paid ¥0.61 in 2024, ¥0.331 in 2023, ¥0.18 in 2022, ¥0.18 in 2021, and ¥0.16 in 2020.
How often does Yantai Jereh Oilfield Services pay dividends?
Yantai Jereh Oilfield Services typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June.
What is Yantai Jereh Oilfield Services's dividend yield?
The current dividend yield for Yantai Jereh Oilfield Services is 2.02%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Yantai Jereh Oilfield Services's exact dividend yield.
When does Yantai Jereh Oilfield Services go ex dividend?
Yantai Jereh Oilfield Services's ex-dividend date for the latest dividend was on 2024-10-18. Yantai Jereh Oilfield Services typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Yantai Jereh Oilfield Services dividend paid?
Yantai Jereh Oilfield Services pays dividends on a semi annually basis, typically around June, but the exact dates can vary each year.
Will Yantai Jereh Oilfield Services increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Yantai Jereh Oilfield Services will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Yantai Jereh Oilfield Services dividend per share?
Yantai Jereh Oilfield Services paid ¥0.61 per share in 2024 and ¥0.331 per share in 2023. The amount of dividend per share that Yantai Jereh Oilfield Services pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Yantai Jereh Oilfield Services a dividend aristocrat?
No, 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 Yantai Jereh Oilfield Services a dividend king?
No, 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 Yantai Jereh Oilfield Services a dividend stock?
Yes, Yantai Jereh Oilfield Services is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Yantai Jereh Oilfield Services a good dividend stock?
Whether Yantai Jereh Oilfield Services is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Yantai Jereh Oilfield Services has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Yantai Jereh Oilfield Services as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Yantai Jereh Oilfield Services as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Yantai Jereh Oilfield Services pay dividends monthly?
Yantai Jereh Oilfield Services typically pays dividends on a semi annually basis.
Does Yantai Jereh Oilfield Services pay dividends quarterly?
Yantai Jereh Oilfield Services currently pays dividends on a semi annually basis.
Has Yantai Jereh Oilfield Services ever paid a dividend?
Yes, Yantai Jereh Oilfield Services has a history of paying dividends to its shareholders. Yantai Jereh Oilfield Services is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Yantai Jereh Oilfield Services dividend stocks?
To buy Yantai Jereh 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Yantai Jereh 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.
Place an order: Use the brokerage's trading platform to place an order to buy Yantai Jereh 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.
When does Yantai Jereh Oilfield Services pay dividends 2024?
Yantai Jereh Oilfield Services pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-18. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Yantai Jereh Oilfield Services increase its dividend in 2024?
Decisions regarding Yantai Jereh Oilfield Services dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Yantai Jereh Oilfield Services dividend overview you can look into the above table of dividend history.
How Yantai Jereh Oilfield Services dividend works?
The Yantai Jereh Oilfield Services dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Yantai Jereh Oilfield Services's dividend process works:
1. Determination of Dividend: Yantai Jereh Oilfield Services's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Yantai Jereh Oilfield Services publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Yantai Jereh Oilfield Services distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Yantai Jereh Oilfield Services are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Yantai Jereh Oilfield Services's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Yantai Jereh Oilfield Services publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Yantai Jereh Oilfield Services distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Yantai Jereh Oilfield Services are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Yantai Jereh Oilfield Services dividends paid?
Yantai Jereh Oilfield Services dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Yantai Jereh Oilfield Services sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Yantai Jereh Oilfield Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Yantai Jereh Oilfield Services declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Yantai Jereh Oilfield Services sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Yantai Jereh Oilfield Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Yantai Jereh Oilfield Services declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Yantai Jereh Oilfield Services pay dividends?
Yantai Jereh Oilfield Services typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Yantai Jereh Oilfield Services pay dividends?
The general pattern is that Yantai Jereh Oilfield Services pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Yantai Jereh Oilfield Services dividend safe?
The safety of Yantai Jereh Oilfield Services's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Yantai Jereh Oilfield Services's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Yantai Jereh Oilfield Services's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Yantai Jereh Oilfield Services's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Yantai Jereh Oilfield Services's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.