Golden Resources Development International Limited, an investment holding company, engages in the sourcing, importing, wholesaling, processing, packaging, marketing, and distributing of rice in Hong Kong, Vietnam, and internationally. The company operates through Convenience Store Operation, Rice Operation, Securities Investment, and Property Investment. It is also involved in the operation of convenience stores; investment in equity and debt securities; and property investment, holding, and development activities. In addition, the company offers information technology, warehousing, logistics, money lending, and rice re-exporting services; holds trademarks. It markets approximately 30 brands of processed rice, including Golden Elephant, Kangaroo, Kam Heung Premium, Golden Boat, Cherry Blossom Castle, Amstar, Krampton, Kwai Fa, Tiwo, Jewellery, White Swan, Golden Harbour, and Green Field brands. The company was founded in 1946 and is headquartered in Tsing Yi Island, Hong Kong.
Golden Resources Development International Dividend Announcement
• Golden Resources Development International announced a semi annually dividend of HK$0.01 per ordinary share which will be made payable on 2025-01-17. Ex dividend date: 2024-12-13
• Golden Resources Development International annual dividend for 2024 was HK$0.02
• Golden Resources Development International annual dividend for 2023 was HK$0.03
• Golden Resources Development International's trailing twelve-month (TTM) dividend yield is 5.82%
• Golden Resources Development International's payout ratio for the trailing twelve months (TTM) is 40.51%
• Golden Resources Development International's dividend growth over the last five years (2018-2023) was 2.09% year
• Golden Resources Development International's dividend growth over the last ten years (2013-2023) was 0.61% year
Golden Resources Development International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-13 | HK$0.01 | semi annually | 2025-01-17 |
2024-09-02 | HK$0.01 | semi annually | 2024-09-20 |
2023-12-12 | HK$0.01 | semi annually | 2024-01-15 |
2023-09-04 | HK$0.01 | semi annually | 2023-09-19 |
2022-12-12 | HK$0.01 | semi annually | 2023-01-13 |
2022-09-02 | HK$0.01 | semi annually | 2022-09-19 |
2021-12-09 | HK$0.01 | semi annually | 2022-01-10 |
2021-09-02 | HK$0.01 | semi annually | 2021-09-17 |
2020-12-10 | HK$0.01 | semi annually | 2021-01-06 |
2020-08-31 | HK$0.01 | semi annually | 2020-09-14 |
2019-12-12 | HK$0.01 | semi annually | 2020-01-08 |
2019-09-02 | HK$0.01 | semi annually | 2019-09-16 |
2018-12-13 | HK$0.01 | semi annually | 2019-01-09 |
2018-09-03 | HK$0.01 | semi annually | 2018-09-17 |
2017-12-14 | HK$0.01 | semi annually | 2018-01-10 |
2017-09-04 | HK$0.01 | semi annually | 2017-09-18 |
2016-12-15 | HK$0.01 | semi annually | |
2016-08-31 | HK$0.01 | semi annually | |
2015-12-16 | HK$0.01 | semi annually | |
2015-09-01 | HK$0.01 | semi annually | |
2014-12-17 | HK$0.01 | semi annually | |
2014-09-01 | HK$0.01 | semi annually | |
2013-12-18 | HK$0.01 | semi annually | |
2013-09-02 | HK$0.01 | semi annually |
Golden Resources Development International Dividend per year
Golden Resources Development International Dividend growth
Golden Resources Development International Dividend Yield
Golden Resources Development International current trailing twelve-month (TTM) dividend yield is 5.82%. Interested in purchasing Golden Resources Development International stock? Use our calculator to estimate your expected dividend yield:
Golden Resources Development International Financial Ratios
Golden Resources Development International Dividend FAQ
Other factors to consider when evaluating Golden Resources Development 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: Golden Resources Development 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, Golden Resources Development 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, Golden Resources Development 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 Golden Resources Development 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: Golden Resources Development 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, Golden Resources Development 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: Golden Resources Development 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 Golden Resources Development 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 Golden Resources Development 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.