Binhai Investment Company Limited, an investment holding company, engages in the construction of gas pipeline networks, provision of connection services, and sale of liquefied petroleum gas (LPG) and piped natural gas in Hong Kong. The company operates through Sales of Piped Natural Gas, Construction and Gas Pipeline Installation Service, Gas Passing through Service, and Sales of Bottled Natural Gas segments. It also sells piped and bottled natural gas through its pipeline networks to residential and industrial users. In addition, the company constructs gas pipelines, as well as offers construction and gas pipeline installation services to industrial and commercial customers, property developers, and property management companies. As of December 31, 2021, it had a gas pipeline network of approximately 3,574 kilometers. The company also engages in property development business. The company was founded in 1994 and is headquartered in Causeway Bay, Hong Kong.
Binhai Investment Dividend Announcement
• Binhai Investment announced a annually dividend of HK$0.08 per ordinary share which will be made payable on 2024-07-19. Ex dividend date: 2024-06-11
• Binhai Investment annual dividend for 2024 was HK$0.08
• Binhai Investment annual dividend for 2023 was HK$0.10
• Binhai Investment's trailing twelve-month (TTM) dividend yield is 7.31%
• Binhai Investment's payout ratio for the trailing twelve months (TTM) is 28.79%
• Binhai Investment's dividend growth over the last five years (2018-2023) was -1.89% year
Binhai Investment Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-11 | HK$0.08 | annually | 2024-07-19 |
2023-05-17 | HK$0.10 | annually | 2023-06-09 |
2022-05-18 | HK$0.09 | annually | 2022-06-10 |
2021-05-25 | HK$0.08 | annually | |
2021-05-20 | HK$0.08 | annually | 2021-06-11 |
2020-05-20 | HK$0.04 | annually | 2020-06-10 |
2019-06-05 | HK$0.04 | annually | |
2019-05-31 | HK$0.04 | annually | 2019-06-26 |
2018-06-05 | HK$0.06 | annually | |
2018-06-01 | HK$0.06 | annually | 2018-06-29 |
2017-05-09 | HK$0.05 | annually | 2017-06-30 |
2016-05-16 | HK$0.05 | annually | 2016-06-14 |
2015-05-18 | HK$0.00 | annually | 2015-06-08 |
2014-05-08 | HK$0.01 | annually | 2014-05-23 |
Binhai Investment Dividend per year
Binhai Investment Dividend growth
Binhai Investment Dividend Yield
Binhai Investment current trailing twelve-month (TTM) dividend yield is 7.31%. Interested in purchasing Binhai Investment stock? Use our calculator to estimate your expected dividend yield:
Binhai Investment Financial Ratios
Binhai Investment Dividend FAQ
Other factors to consider when evaluating Binhai Investment 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: Binhai Investment'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, Binhai Investment 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, Binhai Investment 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 Binhai Investment 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: Binhai Investment 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, Binhai Investment distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Binhai Investment 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 Binhai Investment'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 Binhai Investment'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.