BetterLife Holding Limited provides automobile dealership services with a focus on luxury and ultra-luxury brands in China. It also sells various new automobiles, as well as after-sales products and services, including repair and maintenance services; and accessories and other automobile-related products. In addition, the company provides insurance agency and automobile license plate registration services; and automobile-related value-added services, such as automobile financing and pre-owned automobile brokerage services. As of December 31, 2021, it operated 14 4S dealership stores for Porsche, Audi, Mercedes-Benz, Bentley, Volvo, and Jaguar-Land Rover in Beijing, Tianjin, Shandong, Sichuan, Zhejiang, Shanghai, and Guangdong. BetterLife Holding Limited was founded in 1998 and is headquartered in Beijing, China.
BetterLife Dividend Announcement
• BetterLife announced a semi annually dividend of HK$0.03 per ordinary share which will be made payable on 2024-11-28. Ex dividend date: 2024-09-10
• BetterLife annual dividend for 2024 was HK$0.07
• BetterLife annual dividend for 2023 was HK$0.03
• BetterLife's trailing twelve-month (TTM) dividend yield is 8.08%
• BetterLife's payout ratio for the trailing twelve months (TTM) is 33.85%
BetterLife Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-10 | HK$0.03 | semi annually | 2024-11-28 |
2024-05-03 | HK$0.03 | semi annually | 2024-08-13 |
2023-07-03 | HK$0.03 | semi annually | 2023-08-15 |
2022-06-30 | HK$0.26 | semi annually | 2022-07-26 |
BetterLife Dividend per year
BetterLife Dividend growth
BetterLife Dividend Yield
BetterLife current trailing twelve-month (TTM) dividend yield is 8.08%. Interested in purchasing BetterLife stock? Use our calculator to estimate your expected dividend yield:
BetterLife Financial Ratios
BetterLife Dividend FAQ
Other factors to consider when evaluating BetterLife 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: BetterLife'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, BetterLife 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, BetterLife 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 BetterLife 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: BetterLife 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, BetterLife distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: BetterLife 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 BetterLife'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 BetterLife'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.