China Starch Holdings Limited, an investment holding company, manufactures and sells cornstarch, lysine, starch-based sweeteners, modified starch, and ancillary corn-based and corn-refined products in the People's Republic of China. The company operates in two segments, Upstream Products, and Fermented and Downstream Products. It also researches, develops, manufactures, and sells food additives, feeds, amino acids, and related products; and glucose, maltose, dextrin, animal feed additives, food-grade enzymes, bio-based materials, lactate, and other related products. The company was incorporated in 2006 and is headquartered in Causeway Bay, Hong Kong. China Starch Holdings Limited is a subsidiary of Merry Boom Group Limited.
China Starch Dividend Announcement
• China Starch announced a annually dividend of HK$0.01 per ordinary share which will be made payable on 2024-07-17. Ex dividend date: 2024-06-11
• China Starch annual dividend for 2024 was HK$0.01
• China Starch annual dividend for 2023 was HK$0.01
• China Starch's trailing twelve-month (TTM) dividend yield is 4.27%
• China Starch's payout ratio for the trailing twelve months (TTM) is 15.26%
• China Starch's dividend growth over the last five years (2018-2023) was -10.48% year
China Starch Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-11 | HK$0.01 | annually | 2024-07-17 |
2023-06-12 | HK$0.01 | annually | 2023-07-19 |
2022-06-06 | HK$0.01 | annually | 2022-07-15 |
2021-06-07 | HK$0.01 | annually | 2021-07-14 |
2020-06-01 | HK$0.01 | annually | 2020-07-07 |
2019-06-03 | HK$0.01 | annually | 2019-07-09 |
2018-06-05 | HK$0.01 | annually | 2018-07-09 |
2017-05-22 | HK$0.01 | annually | 2017-06-14 |
2015-05-22 | HK$0.01 | annually | 2015-06-29 |
2014-05-22 | HK$0.01 | annually | 2014-06-23 |
2013-05-21 | HK$0.00 | annually | 2013-06-21 |
2012-06-18 | HK$0.00 | annually | 2012-07-23 |
China Starch Dividend per year
China Starch Dividend growth
China Starch Dividend Yield
China Starch current trailing twelve-month (TTM) dividend yield is 4.27%. Interested in purchasing China Starch stock? Use our calculator to estimate your expected dividend yield:
China Starch Financial Ratios
China Starch Dividend FAQ
Other factors to consider when evaluating China Starch 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 Starch'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 Starch 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 Starch 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 Starch 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 Starch 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 Starch 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 Starch 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 Starch'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 Starch'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.