Air Asia Co., Ltd. operates as an aircraft maintenance company in Taiwan and internationally. The company offers civilian and military aircraft maintenance, engine and component maintenance, helicopter maintenance, and aeronautical parts asset management services; and commercial and military aircraft maintenance, repair, and overhaul services comprising A/B/C/D checks, airworthiness directives/service bulletins, CPCP/SSID, structure damage repair, and airframe modification and retrofit services. It also provides engine and component maintenance services, such as engine and component repair and overhaul, precision measurement, and non-destructive inspection services; and commercial and military helicopter maintenance services. In addition, Air Asia Co., Ltd. offers ramp services; landing permit application services; and third party services, including catering, laundry, and airport services. In addition, the company offers equipment services, such as follow-me vehicle, ramp shuttle, GPU, re-fueling, and refreshment services; and towing tractor for push-back and position move, passenger step, air start unit, forklift, tow tug, labor, and headset man services. Further, it provides aircraft maintenance; distributes spare parts; aircraft propeller renovation; helicopter rotor blade repair; fleet management; training of civil aviation personnel; and inspection and maintenance of fuel tank and wire harnessing. The company was formerly known as Civil Air Transport and changed its name to Air Asia Co., Ltd. in 1955. Air Asia Co., Ltd. was founded in 1946 and is based in Tainan City, Taiwan. Air Asia Co., Ltd. is a subsidiary of Taiwan Aerospace Corp.
Air Asia Dividend Announcement
• Air Asia announced a annually dividend of NT$0.53 per ordinary share which will be made payable on 2024-04-26. Ex dividend date: 2024-03-25
• Air Asia annual dividend for 2024 was NT$0.53
• Air Asia annual dividend for 2023 was NT$0.07
• Air Asia's trailing twelve-month (TTM) dividend yield is 1.66%
• Air Asia's payout ratio for the trailing twelve months (TTM) is 76.79%
• Air Asia's dividend growth over the last five years (2018-2023) was -41.79% year
Air Asia Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-25 | NT$0.53 | annually | 2024-04-26 |
2023-03-23 | NT$0.07 | annually | 2023-04-19 |
2022-04-14 | NT$0.25 | annually | 2022-05-20 |
2021-10-08 | NT$0.14 | annually | 2021-11-05 |
2020-07-31 | NT$0.07 | annually | 2020-08-28 |
2019-07-04 | NT$0.07 | annually | 2019-08-02 |
2018-06-28 | NT$1.10 | annually | 2018-08-08 |
2017-07-06 | NT$1.36 | annually | 2017-08-04 |
Air Asia Dividend per year
Air Asia Dividend growth
Air Asia Dividend Yield
Air Asia current trailing twelve-month (TTM) dividend yield is 1.66%. Interested in purchasing Air Asia stock? Use our calculator to estimate your expected dividend yield:
Air Asia Financial Ratios
Air Asia Dividend FAQ
Other factors to consider when evaluating Air Asia 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.
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1. Determination of Dividend: Air Asia'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, Air Asia 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, Air Asia 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 Air Asia 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. Record Date: Air Asia 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, Air Asia distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Air Asia 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.
To assess the safety of Air Asia'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 Air Asia'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.