China Tobacco International (HK) Company Limited engages in the trade of tobacco products. The company operates through Tobacco Leaf Products Export Business, Tobacco Leaf Products Import Business, Cigarettes Export Business, and New Tobacco Products Export Business segments. The Tobacco Leaf Products Export Business segment procures and exports tobacco leaf products to cigarette manufacturers and authorized purchasing agents of cigarette manufacturers. The Tobacco Leaf Products Import Business segment imports tobacco leaf products to mainland China. The Cigarettes Export Business segment exports cigarettes to duty-free outlets and cigarettes wholesalers. The New Tobacco Products Export Business segment exports new tobacco products to retailers, cigarettes wholesalers, and independent third parties. It operates in the People's Republic of China, Indonesia, Hong Kong, the Philippines, Vietnam, Singapore, Barzil, and internationally. The company was incorporated in 2004 and is headquartered in Kowloon, Hong Kong. China Tobacco International (HK) Company Limited is a subsidiary of China Tobacco International Group Limited.
China Tobacco International Dividend Announcement
• China Tobacco International announced a semi annually dividend of HK$0.15 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-11
• China Tobacco International annual dividend for 2024 was HK$0.47
• China Tobacco International annual dividend for 2023 was HK$0.20
• China Tobacco International's trailing twelve-month (TTM) dividend yield is 1.93%
• China Tobacco International's payout ratio for the trailing twelve months (TTM) is 23.10%
China Tobacco International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-11 | HK$0.15 | semi annually | 2024-09-27 |
2024-05-21 | HK$0.32 | semi annually | 2024-06-14 |
2023-06-13 | HK$0.20 | semi annually | 2023-06-29 |
2022-06-28 | HK$0.17 | semi annually | 2022-07-15 |
2021-05-25 | HK$0.04 | semi annually | 2021-06-01 |
2020-06-01 | HK$0.16 | semi annually | 2020-06-23 |
China Tobacco International Dividend per year
China Tobacco International Dividend growth
China Tobacco International Dividend Yield
China Tobacco International current trailing twelve-month (TTM) dividend yield is 1.93%. Interested in purchasing China Tobacco International stock? Use our calculator to estimate your expected dividend yield:
China Tobacco International Financial Ratios
China Tobacco International Dividend FAQ
Other factors to consider when evaluating China Tobacco International 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 Tobacco International'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 Tobacco International 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 Tobacco International 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 Tobacco International 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 Tobacco International 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 Tobacco International 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 Tobacco International 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 Tobacco International'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 Tobacco International'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.