China Foods Limited, an investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People's Republic of China. The company offers sparkling drinks, juices, water, milk drinks, energy drinks, tea, coffee, functional nutrition drinks, sports and plant-based protein drinks, and alcoholic drinks. It is also involved in the production, sale, and distribution of beverage bottles; wholesale and retail of pre-packaged foods, and raw and auxiliary materials; provision of supply chain information consultation, management, and other services; and wholesale of packaged foods. In addition, the company provides enterprise management and consulting, business information consulting, and marketing planning services, as well as computer information system development, consulting, promotion, and other services. Further, it engages in the food business and internet sale of food. The company was formerly known as COFCO International Limited. China Foods Limited was founded in 1990 and is headquartered in Causeway Bay, Hong Kong. China Foods Limited is a subsidiary of China Foods (Holdings) Limited.
China Foods Dividend Announcement
• China Foods announced a annually dividend of HK$0.16 per ordinary share which will be made payable on 2024-07-10. Ex dividend date: 2024-06-18
• China Foods annual dividend for 2024 was HK$0.16
• China Foods annual dividend for 2023 was HK$0.13
• China Foods's trailing twelve-month (TTM) dividend yield is 6.21%
• China Foods's payout ratio for the trailing twelve months (TTM) is 42.32%
• China Foods's dividend growth over the last five years (2018-2023) was 40.84% year
China Foods Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-18 | HK$0.16 | annually | 2024-07-10 |
2023-06-13 | HK$0.13 | annually | 2023-07-07 |
2022-06-14 | HK$0.12 | annually | 2022-07-08 |
2021-06-08 | HK$0.11 | annually | 2021-07-02 |
2020-06-09 | HK$0.05 | annually | 2020-07-03 |
2019-06-11 | HK$0.04 | annually | 2019-07-05 |
2018-06-12 | HK$0.02 | annually | 2018-07-06 |
2017-11-27 | HK$1.03 | annually | 2017-12-18 |
2017-06-13 | HK$0.01 | annually | 2017-07-07 |
2016-09-06 | HK$0.01 | annually | |
2016-06-13 | HK$0.01 | annually | |
2012-09-28 | HK$0.06 | annually | |
2012-06-13 | HK$0.04 | annually | |
2011-10-10 | HK$0.04 | annually | |
2011-10-03 | HK$0.04 | annually | |
2011-06-01 | HK$0.03 | annually | |
2010-10-04 | HK$0.02 | annually | |
2010-06-02 | HK$0.03 | annually |
China Foods Dividend per year
China Foods Dividend growth
China Foods Dividend Yield
China Foods current trailing twelve-month (TTM) dividend yield is 6.21%. Interested in purchasing China Foods stock? Use our calculator to estimate your expected dividend yield:
China Foods Financial Ratios
China Foods Dividend FAQ
Other factors to consider when evaluating China Foods 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: China Foods'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, China Foods 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, China Foods 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 China Foods 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: China Foods 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, China Foods distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: China Foods 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 China Foods'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 China Foods'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.