EFT Solutions Holdings Limited, an investment holding company, provides electronic fund transfer at point-of-sale (EFT-POS) solutions in Hong Kong, Macau, Australia, and internationally. The company operates through Sale of Hardware Devices, and System Support and Software Solution Services segments. It provides EFT-POS terminals and peripheral devices sourcing services, as well as EFT-POS system support services to various EFT-POS terminal manufacturers, acquirers, and merchants. The company also develops software solutions, including electronic payment standards acceptance certification solutions, installation, maintenance, and repair services of EFTPOS terminals. In addition, it provides embedded system solution services; and engages in the property holding activities. The company was founded in 2004 and is headquartered in Kwai Chung, Hong Kong. EFT Solutions Holdings Limited is a subsidiary of LCK Group Limited.
EFT Solutions Dividend Announcement
• EFT Solutions announced a semi annually dividend of HK$0.01 per ordinary share which will be made payable on 2024-12-13. Ex dividend date: 2024-11-29
• EFT Solutions annual dividend for 2024 was HK$0.03
• EFT Solutions annual dividend for 2023 was HK$0.03
• EFT Solutions's trailing twelve-month (TTM) dividend yield is 10.17%
• EFT Solutions's payout ratio for the trailing twelve months (TTM) is 46.11%
EFT Solutions Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-29 | HK$0.01 | semi annually | 2024-12-13 |
2024-08-19 | HK$0.02 | semi annually | 2024-08-28 |
2023-11-23 | HK$0.01 | semi annually | 2023-12-08 |
2023-08-17 | HK$0.02 | semi annually | 2023-08-28 |
2022-11-24 | HK$0.01 | semi annually | 2022-12-09 |
2022-08-09 | HK$0.02 | semi annually | 2022-08-25 |
2021-08-13 | HK$0.01 | semi annually | 2021-09-03 |
2021-03-03 | HK$0.02 | semi annually | 2021-03-19 |
2020-08-13 | HK$0.01 | semi annually | 2020-09-18 |
EFT Solutions Dividend per year
EFT Solutions Dividend growth
EFT Solutions Dividend Yield
EFT Solutions current trailing twelve-month (TTM) dividend yield is 10.17%. Interested in purchasing EFT Solutions stock? Use our calculator to estimate your expected dividend yield:
EFT Solutions Financial Ratios
EFT Solutions Dividend FAQ
Other factors to consider when evaluating EFT Solutions 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: EFT Solutions'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, EFT Solutions 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, EFT Solutions 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 EFT Solutions 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: EFT Solutions 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, EFT Solutions distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: EFT Solutions 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 EFT Solutions'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 EFT Solutions'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.