Cathay Pacific Airways Limited, together with its subsidiaries, operates as a carrier of international passengers and air cargo. The company conducts airline operations principally to and from Hong Kong. It also provides property investment, travel reward program, travel tour operator, financial, aircraft leasing and acquisition facilitation, airline catering, information processing, aircraft ramp handling, laundry and dry cleaning, ground handling, aircraft engineering, cargo carriage, airport ground engineering support and equipment maintenance, and inventory technical management services. In addition, the company operates a computer network for interchange of air cargo related information; and offers repair and maintenance services for transportation companies. It operates in the Americas, Europe, Southeast Asia, Southwest Pacific, North Asia, South Asia, the Middle East, and Africa. As of December 31, 2021, it operated 234 aircraft directly connecting Hong Kong to 119 destinations in 35 countries worldwide, including 26 destinations in China. Cathay Pacific Airways Limited was founded in 1946 and is headquartered in Lantau Island, Hong Kong.
Cathay Pacific Airways Dividend Announcement
• Cathay Pacific Airways announced a semi annually dividend of $0.11 per ordinary share which will be made payable on 2024-10-21. Ex dividend date: 2024-09-05
• Cathay Pacific Airways annual dividend for 2024 was $0.37
• Cathay Pacific Airways's trailing twelve-month (TTM) dividend yield is 0.75%
• Cathay Pacific Airways's payout ratio for the trailing twelve months (TTM) is 37.85%
Cathay Pacific Airways Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-05 | $0.11 | semi annually | 2024-10-21 |
2024-04-02 | $0.25 | semi annually | 2024-05-13 |
2020-08-12 | $0.25 | semi annually | 2020-08-20 |
2019-09-03 | $0.12 | semi annually | 2019-10-15 |
2019-04-01 | $0.13 | semi annually | 2019-05-20 |
2018-09-04 | $0.06 | semi annually | 2018-10-15 |
2018-04-02 | $0.03 | semi annually | 2018-05-14 |
2016-09-02 | $0.03 | semi annually | 2016-10-14 |
2016-04-04 | $0.17 | semi annually | 2016-05-16 |
2015-09-04 | $0.17 | semi annually | 2015-10-15 |
2015-04-06 | $0.17 | semi annually | 2015-05-18 |
2014-09-04 | $0.07 | semi annually | 2014-10-16 |
2014-03-31 | $0.10 | semi annually | 2014-05-19 |
2013-09-03 | $0.04 | semi annually | 2013-10-15 |
2013-03-28 | $0.05 | semi annually | 2013-05-13 |
2012-03-29 | $0.22 | semi annually | 2012-05-14 |
2011-09-02 | $0.12 | semi annually | 2011-10-13 |
2011-05-09 | $0.50 | semi annually | 2011-06-13 |
2010-08-31 | $0.21 | semi annually | 2010-10-14 |
2010-05-03 | $0.06 | semi annually | |
2008-08-26 | $0.02 | semi annually | |
2008-04-25 | $0.38 | semi annually |
Cathay Pacific Airways Dividend per year
Cathay Pacific Airways Dividend growth
Cathay Pacific Airways Dividend Yield
Cathay Pacific Airways current trailing twelve-month (TTM) dividend yield is 0.75%. Interested in purchasing Cathay Pacific Airways stock? Use our calculator to estimate your expected dividend yield:
Cathay Pacific Airways Financial Ratios
Cathay Pacific Airways Dividend FAQ
Other factors to consider when evaluating Cathay Pacific Airways 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: Cathay Pacific Airways'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, Cathay Pacific Airways 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, Cathay Pacific Airways 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 Cathay Pacific Airways 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: Cathay Pacific Airways 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, Cathay Pacific Airways distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Cathay Pacific Airways 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 Cathay Pacific Airways'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 Cathay Pacific Airways'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.