Hang Chi Holdings Limited, an investment holding company, operates elderly residential care homes under the Shui On, Shui Hing, Shui Jun, and Guardian Home brand names in Hong Kong. The company offers residential care home services to elderly residents, including the provision of accommodation with dietician-managed meal plans, 24-hour nursing, and caretaking assistance, as well as professional services comprising regular medical consultation, physiotherapy, occupational therapy, psychological, and social care services. It also sells healthcare and medical consumable products, such as adult nappies, nutritional milk, other medical consumable products, and daily supplies; and provides customizable add-on healthcare services to the elderly residents. The company was incorporated in 2016 and is headquartered in Kowloon Bay, Hong Kong. Hang Chi Holdings Limited is a subsidiary of Shui Wah Limited.
Hang Chi Dividend Announcement
• Hang Chi announced a annually dividend of HK$0.04 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-05-17
• Hang Chi annual dividend for 2024 was HK$0.04
• Hang Chi annual dividend for 2023 was HK$0.10
• Hang Chi's trailing twelve-month (TTM) dividend yield is 6.06%
Hang Chi Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-17 | HK$0.04 | annually | 2024-06-06 |
2023-05-19 | HK$0.10 | annually | 2023-06-09 |
2021-11-19 | HK$0.08 | annually | 2021-12-07 |
2021-05-11 | HK$0.08 | annually | 2021-06-02 |
2020-05-11 | HK$0.06 | annually | 2020-06-02 |
2018-05-21 | HK$0.03 | annually | 2018-06-12 |
Hang Chi Dividend per year
Hang Chi Dividend growth
Hang Chi Dividend Yield
Hang Chi current trailing twelve-month (TTM) dividend yield is 6.06%. Interested in purchasing Hang Chi stock? Use our calculator to estimate your expected dividend yield:
Hang Chi Financial Ratios
Hang Chi Dividend FAQ
Other factors to consider when evaluating Hang Chi 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: Hang Chi'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, Hang Chi 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, Hang Chi 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 Hang Chi 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: Hang Chi 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, Hang Chi distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hang Chi 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 Hang Chi'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 Hang Chi'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.