China Merchants Land Limited, an investment holding company, engages in the investment, development, management, lease, and sale of properties. The company operates through Properties and Asset Management segments. Its property portfolio includes residential properties; and residential and commercial complex properties, such as apartments, villas, offices, retail shops, etc. The company also offers asset management services for office premises and shopping malls. As of December 31, 2021, it had a portfolio of 50 property development projects in Guangzhou, Foshan, Chongqing, Xi'an, Nanjing, and Jurong; and a land bank of approximately 5,406,063 square meters. The company was formerly known as Tonic Industries Holdings Limited. The company was incorporated in 1997 and is headquartered in Central, Hong Kong. China Merchants Land Limited is a subsidiary of Success Well Investments Limited.
China Merchants Land Dividend Announcement
• China Merchants Land announced a quarterly dividend of HK$0.01 per ordinary share which will be made payable on 2024-07-31. Ex dividend date: 2024-07-08
• China Merchants Land annual dividend for 2024 was HK$0.02
• China Merchants Land annual dividend for 2023 was HK$0.03
• China Merchants Land's trailing twelve-month (TTM) dividend yield is 10.36%
• China Merchants Land's payout ratio for the trailing twelve months (TTM) is 439.47%
• China Merchants Land's dividend growth over the last five years (2018-2023) was -21.40% year
China Merchants Land Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-08 | HK$0.01 | quarterly | 2024-07-31 |
2024-05-30 | HK$0.01 | quarterly | |
2023-05-30 | HK$0.03 | quarterly | 2023-06-30 |
2022-05-30 | HK$0.06 | quarterly | 2022-06-30 |
2021-05-28 | HK$0.07 | quarterly | 2021-06-30 |
2020-05-22 | HK$0.14 | quarterly | 2020-06-30 |
2019-05-07 | HK$0.08 | quarterly | 2019-06-03 |
2018-05-08 | HK$0.10 | quarterly | 2018-06-01 |
2017-05-04 | HK$0.04 | quarterly | 2017-05-18 |
2016-04-28 | HK$0.01 | quarterly | |
2015-04-28 | HK$0.01 | quarterly | |
2014-05-14 | HK$0.01 | quarterly | |
2007-09-19 | HK$0.01 | quarterly |
China Merchants Land Dividend per year
China Merchants Land Dividend growth
China Merchants Land Dividend Yield
China Merchants Land current trailing twelve-month (TTM) dividend yield is 10.36%. Interested in purchasing China Merchants Land stock? Use our calculator to estimate your expected dividend yield:
China Merchants Land Financial Ratios
China Merchants Land Dividend FAQ
Other factors to consider when evaluating China Merchants Land 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 Merchants Land'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 Merchants Land 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 Merchants Land 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 Merchants Land 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 Merchants Land 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 Merchants Land 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 Merchants Land 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 Merchants Land'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 Merchants Land'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.