Grand Ming Group Holdings Limited, an investment holding company, engages in the building construction, property leasing, and property development businesses in Hong Kong. The Construction segment constructs residential and commercial buildings, as well as data centers. The Property Leasing segment is involved in leasing of data centers and commercial shops. The Property Development segment develops and sells properties. The company was founded in 1995 and is headquartered in Tsim Sha Tsui, Hong Kong. Grand Ming Group Holdings Limited is a subsidiary of Chan HM Company Limited.
Grand Ming Dividend Announcement
• Grand Ming announced a quarterly dividend of HK$0.04 per ordinary share which will be made payable on 2023-12-20. Ex dividend date: 2023-11-27
• Grand Ming annual dividend for 2023 was HK$0.19
• Grand Ming's trailing twelve-month (TTM) dividend yield is 1.32%
• Grand Ming's payout ratio for the trailing twelve months (TTM) is 114.20%
• Grand Ming's dividend growth over the last five years (2018-2023) was 14.16% year
Grand Ming Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-11-27 | HK$0.04 | quarterly | 2023-12-20 |
2023-08-10 | HK$0.15 | quarterly | 2023-09-18 |
2022-11-28 | HK$0.06 | quarterly | 2022-12-15 |
2022-08-11 | HK$0.04 | quarterly | 2022-09-02 |
2022-06-10 | HK$0.20 | quarterly | 2022-06-28 |
2021-11-29 | HK$0.04 | quarterly | 2021-12-16 |
2021-08-16 | HK$0.04 | quarterly | 2021-09-03 |
2021-05-28 | HK$0.20 | quarterly | 2021-06-16 |
2020-11-30 | HK$0.04 | quarterly | 2020-12-16 |
2020-07-29 | HK$0.04 | quarterly | 2020-08-17 |
2020-04-14 | HK$0.50 | quarterly | 2020-05-05 |
2019-11-28 | HK$0.04 | quarterly | 2019-12-16 |
2019-07-30 | HK$0.06 | quarterly | 2019-08-15 |
2018-11-22 | HK$0.04 | quarterly | 2018-12-12 |
2018-07-30 | HK$0.06 | quarterly | 2018-08-15 |
2017-11-27 | HK$0.04 | quarterly | 2017-12-14 |
2017-07-28 | HK$0.04 | quarterly | 2017-08-11 |
2016-11-28 | HK$0.04 | quarterly | 2016-12-15 |
2016-08-01 | HK$0.04 | quarterly | |
2015-12-02 | HK$0.04 | quarterly | 2015-12-17 |
2015-07-27 | HK$0.04 | quarterly | 2015-08-12 |
2014-12-01 | HK$0.04 | quarterly | |
2014-08-04 | HK$0.04 | quarterly | 2014-09-22 |
2013-11-29 | HK$0.04 | quarterly | 2013-12-20 |
Grand Ming Dividend per year
Grand Ming Dividend growth
Grand Ming Dividend Yield
Grand Ming current trailing twelve-month (TTM) dividend yield is 1.32%. Interested in purchasing Grand Ming stock? Use our calculator to estimate your expected dividend yield:
Grand Ming Financial Ratios
Grand Ming Dividend FAQ
Other factors to consider when evaluating Grand Ming 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: Grand Ming'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, Grand Ming 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, Grand Ming 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 Grand Ming 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: Grand Ming 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, Grand Ming distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Grand Ming 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 Grand Ming'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 Grand Ming'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.