Genting Singapore Limited engages in the development, management, and operation of integrated resort destinations in Asia. The company primarily owns Resorts World Sentosa, a destination resort, S.E.A. Aquarium, Adventure Cove Waterpark, Universal Studios Singapore Theme Park, hotels, MICE venues, restaurants, SPA, and specialty retail outlets. It also engages in the operation of casinos; and the provision of sales and marketing support services to leisure and hospitality related businesses, as well as investment activities. The company was incorporated in 1984 and is headquartered in Singapore. Genting Singapore Limited is a subsidiary of Genting Overseas Holdings Limited.
Genting Singapore Dividend Announcement
• Genting Singapore announced a semi annually dividend of $0.02 per ordinary share which will be made payable on 2024-09-18. Ex dividend date: 2024-08-28
• Genting Singapore annual dividend for 2024 was $0.03
• Genting Singapore annual dividend for 2023 was $0.03
• Genting Singapore's trailing twelve-month (TTM) dividend yield is 3.94%
• Genting Singapore's payout ratio for the trailing twelve months (TTM) is 61.08%
• Genting Singapore's dividend growth over the last five years (2018-2023) was 0.07% year
• Genting Singapore's dividend growth over the last ten years (2013-2023) was 10.06% year
Genting Singapore Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-28 | $0.02 | semi annually | 2024-09-18 |
2024-05-02 | $0.01 | semi annually | 2024-05-24 |
2023-08-28 | $0.01 | semi annually | 2023-09-22 |
2023-05-03 | $0.02 | semi annually | 2023-05-24 |
2022-08-26 | $0.01 | semi annually | 2022-09-20 |
2022-05-06 | $0.01 | semi annually | 2022-05-25 |
2021-04-28 | $0.01 | semi annually | 2021-05-20 |
2020-06-10 | $0.02 | semi annually | 2020-06-30 |
2019-09-10 | $0.01 | semi annually | 2019-09-20 |
2019-05-02 | $0.01 | semi annually | 2019-05-23 |
2018-09-07 | $0.01 | semi annually | 2018-09-20 |
2018-04-30 | $0.02 | semi annually | 2018-05-23 |
2017-08-23 | $0.01 | semi annually | 2017-09-20 |
2017-05-04 | $0.01 | semi annually | 2017-05-19 |
2016-11-23 | $0.01 | semi annually | |
2016-05-05 | $0.01 | semi annually | |
2015-05-04 | $0.01 | semi annually | |
2014-05-05 | $0.01 | semi annually | |
2013-05-08 | $0.01 | semi annually |
Genting Singapore Dividend per year
Genting Singapore Dividend growth
Genting Singapore Dividend Yield
Genting Singapore current trailing twelve-month (TTM) dividend yield is 3.94%. Interested in purchasing Genting Singapore stock? Use our calculator to estimate your expected dividend yield:
Genting Singapore Financial Ratios
Genting Singapore Dividend FAQ
Other factors to consider when evaluating Genting Singapore 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: Genting Singapore'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, Genting Singapore 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, Genting Singapore 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 Genting Singapore 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: Genting Singapore 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, Genting Singapore distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Genting Singapore 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 Genting Singapore'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 Genting Singapore'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.