China Merchants Port Holdings Company Limited, an investment holding company, operates as a port operator in Mainland China, Hong Kong, Taiwan, and internationally. It operates through Ports operation, Bonded Logistics Operation, and Other Operations. The company engages in the container, and bulk and general cargo terminals; and logistic park operation, ports transportation, and airport cargo handling activities. It also invests, develops, and constructs modular housings; and provides container terminal services. In addition, the company engages in port construction and development; and operation of berths; operation of tugboats. Further, it offers tugboat berthing assistance and barge services at the arrival of ships to the ports, tallying in the course of cargo handling, and supply of shore power and freshwater for vessels. The company was formerly known as China Merchants Holdings (International) Company Limited and changed its name to China Merchants Port Holdings Company Limited in June 2016. The company was founded in 1872 and is headquartered in Central, Hong Kong. China Merchants Port Holdings Company Limited is considered as a Red Chip company due to its listing on the Hong Kong Stock Exchange.
China Merchants Port Dividend Announcement
• China Merchants Port announced a quarterly dividend of $0.03 per ordinary share which will be made payable on 2024-11-20. Ex dividend date: 2024-09-24
• China Merchants Port annual dividend for 2024 was $0.16
• China Merchants Port annual dividend for 2023 was $0.10
• China Merchants Port's trailing twelve-month (TTM) dividend yield is 1.23%
• China Merchants Port's payout ratio for the trailing twelve months (TTM) is 27.55%
• China Merchants Port's dividend growth over the last five years (2018-2023) was 0.27% year
China Merchants Port Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-24 | $0.03 | quarterly | 2024-11-20 |
2024-06-24 | $0.06 | quarterly | 2024-07-26 |
2024-06-06 | $0.06 | quarterly | 2024-07-05 |
2023-09-26 | $0.03 | quarterly | 2023-11-01 |
2023-06-09 | $0.08 | quarterly | 2023-07-05 |
2022-09-26 | $0.03 | quarterly | 2022-11-02 |
2022-06-10 | $0.09 | quarterly | 2022-07-22 |
2021-09-24 | $0.22 | quarterly | 2021-11-04 |
2021-06-08 | $0.51 | quarterly | 2021-07-05 |
2020-09-23 | $0.02 | quarterly | 2020-11-02 |
2020-06-18 | $0.58 | quarterly | 2020-07-17 |
2019-09-23 | $0.22 | quarterly | 2019-11-04 |
2019-06-10 | $0.09 | quarterly | 2019-07-04 |
2018-09-20 | $0.03 | quarterly | 2018-11-01 |
2018-06-07 | $0.08 | quarterly | 2018-07-04 |
2017-09-21 | $0.20 | quarterly | 2017-11-02 |
2017-06-08 | $0.08 | quarterly | 2017-07-04 |
2016-09-22 | $0.03 | quarterly | |
2016-06-08 | $0.07 | quarterly | |
2015-09-23 | $0.03 | quarterly | |
2015-06-03 | $0.07 | quarterly | |
2014-09-24 | $0.03 | quarterly | |
2014-05-28 | $0.07 | quarterly | |
2011-06-01 | $0.78 | quarterly |
China Merchants Port Dividend per year
China Merchants Port Dividend growth
China Merchants Port Dividend Yield
China Merchants Port current trailing twelve-month (TTM) dividend yield is 1.23%. Interested in purchasing China Merchants Port stock? Use our calculator to estimate your expected dividend yield:
China Merchants Port Financial Ratios
China Merchants Port Dividend FAQ
Other factors to consider when evaluating China Merchants Port 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 Port'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 Port 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 Port 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 Port 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 Port 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 Port 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 Port 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 Port'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 Port'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.