Chinney Kin Wing Holdings Limited, an investment holding company, engages in foundation construction and drilling, and site investigation works for public and private sectors in Hong Kong and internationally. It operates in two segments, Foundation Construction and Ancillary Services; and Drilling and Site Investigation. The company offers piling construction services, such as bored piling, percussive H-piling, socketed H-piling, mini-piling, and sheet piling; other ancillary services comprising ELS works, site formation, and pile cap construction; drilling and site investigation, and related ground engineering construction services; and equipment and machinery leasing and construction material testing services, as well as pile testing services. It also engages in basement construction; demolition and civil works; road and drainage works; and pipe and soldier piling. The company was founded in 1994 and is headquartered in Central, Hong Kong. Chinney Kin Wing Holdings Limited is a subsidiary of Chinney Alliance Group Limited.
Chinney Kin Wing Dividend Announcement
• Chinney Kin Wing announced a annually dividend of HK$0.02 per ordinary share which will be made payable on 2024-07-11. Ex dividend date: 2024-06-13
• Chinney Kin Wing annual dividend for 2024 was HK$0.02
• Chinney Kin Wing annual dividend for 2023 was HK$0.01
• Chinney Kin Wing's trailing twelve-month (TTM) dividend yield is 7.84%
• Chinney Kin Wing's payout ratio for the trailing twelve months (TTM) is 29.07%
• Chinney Kin Wing's dividend growth over the last five years (2018-2023) was -15.40% year
Chinney Kin Wing Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-13 | HK$0.02 | annually | 2024-07-11 |
2023-06-07 | HK$0.01 | annually | 2023-07-05 |
2022-06-08 | HK$0.01 | annually | 2022-07-06 |
2021-06-09 | HK$0.01 | annually | 2021-07-07 |
2020-06-12 | HK$0.01 | annually | 2020-07-07 |
2019-06-10 | HK$0.02 | annually | 2019-07-02 |
2018-06-06 | HK$0.03 | annually | 2018-06-28 |
2017-06-07 | HK$0.04 | annually | 2017-06-28 |
2016-06-06 | HK$0.03 | annually | 2016-06-27 |
Chinney Kin Wing Dividend per year
Chinney Kin Wing Dividend growth
Chinney Kin Wing Dividend Yield
Chinney Kin Wing current trailing twelve-month (TTM) dividend yield is 7.84%. Interested in purchasing Chinney Kin Wing stock? Use our calculator to estimate your expected dividend yield:
Chinney Kin Wing Financial Ratios
Chinney Kin Wing Dividend FAQ
Other factors to consider when evaluating Chinney Kin Wing 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: Chinney Kin Wing'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, Chinney Kin Wing 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, Chinney Kin Wing 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 Chinney Kin Wing 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: Chinney Kin Wing 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, Chinney Kin Wing distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Chinney Kin Wing 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 Chinney Kin Wing'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 Chinney Kin Wing'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.