Edinburgh Dragon Trust Plc is closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. It is co-managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in public equity markets of the Asia Pacific region, excluding Japan and Australasia. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value stocks of large cap companies. It employs fundamental analysis with both bottom-up and top-down stock selection approaches, focusing on such factors as management, business focus, balance sheet, corporate governance, key financial ratios, the market, the peer group, and business prospects to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI All Country Asia (ex Japan) Index. Edinburgh Dragon Trust Plc was formed on September 7, 1987 and is domiciled in the United Kingdom.
Asia Dragon Trust Dividend Announcement
• Asia Dragon Trust announced a annually dividend of £6.60 per ordinary share which will be made payable on 2023-12-15. Ex dividend date: 2023-10-26
• Asia Dragon Trust annual dividend for 2023 was £6.60
• Asia Dragon Trust's trailing twelve-month (TTM) dividend yield is -%
• Asia Dragon Trust's payout ratio for the trailing twelve months (TTM) is -9.85%
• Asia Dragon Trust's dividend growth over the last five years (2018-2023) was 10.53% year
• Asia Dragon Trust's dividend growth over the last ten years (2013-2023) was 11.61% year
Asia Dragon Trust Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-10-26 | £6.60 | annually | 2023-12-15 |
2022-11-10 | £6.50 | annually | 2022-12-16 |
2021-11-18 | £6.50 | annually | 2021-12-17 |
2020-11-19 | £4.75 | annually | 2020-12-15 |
2019-11-21 | £4.75 | annually | 2019-12-17 |
2018-11-22 | £4.00 | annually | 2018-12-21 |
2017-11-23 | £3.30 | annually | 2017-12-15 |
2016-11-17 | £3.20 | annually | 2016-12-16 |
2015-11-19 | £3.00 | annually | 2015-12-18 |
2014-11-20 | £2.20 | annually | 2014-12-19 |
2013-11-20 | £2.20 | annually | 2013-12-20 |
2012-11-14 | £2.20 | annually | 2012-12-14 |
Asia Dragon Trust Dividend per year
Asia Dragon Trust Dividend growth
Asia Dragon Trust Dividend Yield
Asia Dragon Trust current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Asia Dragon Trust stock? Use our calculator to estimate your expected dividend yield:
Asia Dragon Trust Financial Ratios
Asia Dragon Trust Dividend FAQ
Other factors to consider when evaluating Asia Dragon Trust 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: Asia Dragon Trust'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, Asia Dragon Trust 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, Asia Dragon Trust 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 Asia Dragon Trust 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: Asia Dragon Trust 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, Asia Dragon Trust distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Asia Dragon Trust 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 Asia Dragon Trust'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 Asia Dragon Trust'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.