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Zhonghua Gas Holdings Limited, an investment holding company, provides integrated new energy services primarily in the People's Republic of China. Its New Energy Business segment provides integrated new energy services, including technological development, construction, and consultancy services for heat supply and coal-to-natural gas conversion. This segment also supplies liquefied natural gas, as well as trades in new energy related industrial products. The company's Property Investments segment leases investment properties. It also provides money lending and corporate services. The company was formerly known as Northern New Energy Holdings Limited and changed its name to Zhonghua Gas Holdings Limited in September 2018. Zhonghua Gas Holdings Limited was incorporated in 2011 and is based in Wan Chai, Hong Kong.

Zhonghua Gas Dividend Announcement

• Zhonghua Gas announced a annually dividend of HK$0.01 per ordinary share which will be made payable on 2019-08-15. Ex dividend date: 2019-07-15
• Zhonghua Gas's trailing twelve-month (TTM) dividend yield is -%

Zhonghua Gas Dividend History

Ex-Div dateDividend amountDividend typePay date
2019-07-15HK$0.01annually2019-08-15

Zhonghua Gas Dividend per year

Zhonghua Gas Dividend Yield

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

Zhonghua Gas Financial Ratios

P/E ratio-11.60
PEG ratio-0.13
P/B ratio5.54
ROE-40.92%
Payout ratio0.00%
Current ratio1.63
Quick ratio0.48
Cash Ratio0.27

Zhonghua Gas Dividend FAQ

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