China Tonghai International Financial Limited, an investment holding company, provides various financial services in Hong Kong. It operates through Brokerage, Interest Income, Corporate Finance, Asset Management, Investments, and Others segments. The Brokerage segment provides discretionary and non-discretionary dealing services for securities, futures and options, margin financing, insurance broking, and wealth management services. The Interest Income segment offers money lending services, as well as earns interest income from debt instruments. The Corporate Finance segment offers securities placing, underwriting, and corporate finance and general advisory services. The Asset Management segment provides fund management, discretionary portfolio management, and portfolio management advisory services. The Investments segment invests in and trades in various investment products. The Others segment offers financial media services. The company also provides import/export trading, and Website management and other related services. China Tonghai International Financial Limited was formerly known as China Oceanwide International Financial Limited and changed its name to China Tonghai International Financial Limited in May 2018. The company was founded in 1986 and is headquartered in Central, Hong Kong. China Tonghai International Financial Limited is a subsidiary of Oceanwide Holdings International Financial Development Co., Ltd.
China Tonghai International Financial Dividend Announcement
• China Tonghai International Financial announced a annually dividend of HK$0.01 per ordinary share which will be made payable on 2023-10-06. Ex dividend date: 2023-09-14
• China Tonghai International Financial annual dividend for 2023 was HK$0.01
• China Tonghai International Financial's trailing twelve-month (TTM) dividend yield is -%
• China Tonghai International Financial's payout ratio for the trailing twelve months (TTM) is 289.29%
China Tonghai International Financial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-09-14 | HK$0.01 | annually | 2023-10-06 |
2021-05-26 | HK$0.01 | annually | 2021-06-25 |
2016-08-23 | HK$0.00 | annually | |
2015-11-12 | HK$0.01 | annually | |
2015-08-11 | HK$0.00 | annually | |
2014-12-04 | HK$0.00 | annually | |
2014-08-11 | HK$0.00 | annually | |
2013-12-06 | HK$0.00 | annually | |
2011-08-02 | HK$0.00 | annually | |
2009-12-10 | HK$0.01 | annually | |
2008-12-18 | HK$0.00 | annually | |
2008-09-03 | HK$0.02 | annually | |
2007-12-20 | HK$0.01 | annually |
China Tonghai International Financial Dividend per year
China Tonghai International Financial Dividend growth
China Tonghai International Financial Dividend Yield
China Tonghai International Financial current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing China Tonghai International Financial stock? Use our calculator to estimate your expected dividend yield:
China Tonghai International Financial Financial Ratios
China Tonghai International Financial Dividend FAQ
Other factors to consider when evaluating China Tonghai International Financial 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 Tonghai International Financial'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 Tonghai International Financial 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 Tonghai International Financial 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 Tonghai International Financial 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 Tonghai International Financial 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 Tonghai International Financial 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 Tonghai International Financial 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 Tonghai International Financial'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 Tonghai International Financial'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.