CN Logistics International Holdings Limited provides logistics solutions Hong Kong, Mainland China, Taiwan, Italy, and internationally. It operates through three segments: Air Freight, Distribution and Logistics Services, and Ocean Freight. The Air Freight segment offers air freight forwarding services, which include arranging for consignment upon receipt of booking instructions from customers, cargo pick up, obtaining cargo space, preparation of freight documentation, arranging for customs clearance, and cargo handling at origin and destination, as well as other related logistics services comprising supporting transportation for freight forwarding purposes. The Distribution and Logistics Services segment provides a range of logistics services, such as managing vendor inventory, picking and packing finished goods, delivery, recycling, quality control and various ancillary value-added services, such as supply chain management and storage services; and distribution and logistics services for wine, as well as branded packaging, polymorph repacking, same day local door-to-door, and temperature-controlled delivery services. The Ocean Freight Forwarding Services segment offers ocean freight forwarding services primarily to its air freight forwarding services and other customers. It serves direct and freight forwarder customers, and high-end fashion retailers and brand owners, as well as wholesalers and retailers of wine. CN Logistics International Holdings Limited was founded in 1991 and is headquartered in Kwai Chung, Hong Kong. CN Logistics International Holdings Limited is a subsidiary of Cargo Services (Logistics) Limited.
CN Logistics International Dividend Announcement
• CN Logistics International announced a semi annually dividend of HK$0.02 per ordinary share which will be made payable on 2024-11-01. Ex dividend date: 2024-10-14
• CN Logistics International annual dividend for 2024 was HK$0.03
• CN Logistics International annual dividend for 2023 was HK$0.13
• CN Logistics International's trailing twelve-month (TTM) dividend yield is 0.88%
• CN Logistics International's payout ratio for the trailing twelve months (TTM) is 64.89%
CN Logistics International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-14 | HK$0.02 | semi annually | 2024-11-01 |
2024-06-19 | HK$0.01 | semi annually | 2024-07-17 |
2023-10-12 | HK$0.03 | semi annually | 2023-11-01 |
2023-06-16 | HK$0.10 | semi annually | 2023-07-17 |
2022-09-09 | HK$0.13 | semi annually | 2022-09-30 |
2022-06-01 | HK$0.09 | semi annually | 2022-06-29 |
2021-09-10 | HK$0.09 | semi annually | 2021-09-30 |
2021-05-18 | HK$0.15 | semi annually | 2021-06-16 |
CN Logistics International Dividend per year
CN Logistics International Dividend growth
CN Logistics International Dividend Yield
CN Logistics International current trailing twelve-month (TTM) dividend yield is 0.88%. Interested in purchasing CN Logistics International stock? Use our calculator to estimate your expected dividend yield:
CN Logistics International Financial Ratios
CN Logistics International Dividend FAQ
Other factors to consider when evaluating CN Logistics 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: CN Logistics 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, CN Logistics 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, CN Logistics 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 CN Logistics 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: CN Logistics 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, CN Logistics 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: CN Logistics 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 CN Logistics 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 CN Logistics 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.