Chu Kong Shipping Enterprises (Group) Company Limited, an investment holding company, engages in the terminal logistics, waterway passenger transportation, and fuel supply businesses in Hong Kong, Mainland China, and Macau. The company operates through five segments: Cargo Transportation, Cargo Handling and Storage, Passenger Transportation, Fuel supply, and Corporate and Other Businesses. It provides cargo canvassing, feeder transportation, vessel agency, wharf cargo handling, and warehousing and storage services; shipping agency and freight forwarding agency services; container and cargo transportation and towing services; and transshipment, cargo handling, and trucking services. The company is also involved in the operation and management of a river trade cargo terminals; management of ships; operation and management of facilities maintenance services; godown and wharf operations; and tour operation and property holding activities. In addition, it offers diesel and lubricants for passenger ferries and cargo vessels; oil trading and marine bunkering services; and information technology and passenger services, as well as property maintenance services. Further, the company provides agency services; container handling; passenger transportation agency and carrier, logistics, and maintenance services; ferry and charter hire of vessels services; ferry terminal management services; cargo consolidation; and operation of travel agency. The company was incorporated in 1996 and is headquartered in Central, Hong Kong. Chu Kong Shipping Enterprises (Group) Company Limited is a subsidiary of Chu Kong Shipping Enterprises (Holdings) Company Limited.
Chu Kong Shipping Enterprises Dividend Announcement
• Chu Kong Shipping Enterprises announced a quarterly dividend of HK$0.02 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-09-13
• Chu Kong Shipping Enterprises annual dividend for 2024 was HK$0.07
• Chu Kong Shipping Enterprises annual dividend for 2023 was HK$0.02
• Chu Kong Shipping Enterprises's trailing twelve-month (TTM) dividend yield is 9.21%
• Chu Kong Shipping Enterprises's payout ratio for the trailing twelve months (TTM) is 100.43%
• Chu Kong Shipping Enterprises's dividend growth over the last five years (2018-2023) was -24.21% year
• Chu Kong Shipping Enterprises's dividend growth over the last ten years (2013-2023) was -11.12% year
Chu Kong Shipping Enterprises Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | HK$0.02 | quarterly | 2024-10-18 |
2024-06-03 | HK$0.05 | quarterly | 2024-06-28 |
2023-06-26 | HK$0.02 | quarterly | 2023-07-20 |
2022-06-06 | HK$0.02 | quarterly | 2022-06-30 |
2021-05-24 | HK$0.02 | quarterly | 2021-06-18 |
2020-05-25 | HK$0.03 | quarterly | 2020-06-19 |
2019-09-16 | HK$0.03 | quarterly | 2019-10-15 |
2019-06-24 | HK$0.06 | quarterly | 2019-07-12 |
2019-05-27 | HK$0.06 | quarterly | |
2018-09-17 | HK$0.03 | quarterly | 2018-10-15 |
2018-05-18 | HK$0.05 | quarterly | 2018-07-18 |
2017-09-25 | HK$0.01 | quarterly | 2017-10-31 |
2017-05-22 | HK$0.06 | quarterly | 2017-07-21 |
2016-10-03 | HK$0.03 | quarterly | |
2016-05-23 | HK$0.05 | quarterly | |
2015-10-05 | HK$0.01 | quarterly | |
2015-06-02 | HK$0.06 | quarterly | |
2014-10-13 | HK$0.02 | quarterly | |
2014-05-29 | HK$0.06 | quarterly | |
2013-10-10 | HK$0.02 | quarterly | |
2013-05-21 | HK$0.04 | quarterly |
Chu Kong Shipping Enterprises Dividend per year
Chu Kong Shipping Enterprises Dividend growth
Chu Kong Shipping Enterprises Dividend Yield
Chu Kong Shipping Enterprises current trailing twelve-month (TTM) dividend yield is 9.21%. Interested in purchasing Chu Kong Shipping Enterprises stock? Use our calculator to estimate your expected dividend yield:
Chu Kong Shipping Enterprises Financial Ratios
Chu Kong Shipping Enterprises Dividend FAQ
Other factors to consider when evaluating Chu Kong Shipping Enterprises 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: Chu Kong Shipping Enterprises'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, Chu Kong Shipping Enterprises 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, Chu Kong Shipping Enterprises 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 Chu Kong Shipping Enterprises 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: Chu Kong Shipping Enterprises 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, Chu Kong Shipping Enterprises distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Chu Kong Shipping Enterprises 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 Chu Kong Shipping Enterprises'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 Chu Kong Shipping Enterprises'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.