Hang Lung Group Limited, an investment holding company, operates as a property developer in Hong Kong and Mainland China. The company operates through Property Leasing and Property Sales segments. It develops properties for sale and lease, such as large-scale commercial, office, and residential developments. The company also develops various properties, including shopping mall, office premises, residential and industrial premises, and carparking bays. Its investment properties portfolio includes Grand Gateway 66, a commercial, office, and residential complex, as well as Plaza 66, a commercial and office complex in Shanghai; Palace 66 and Forum 66 in Shenyang; Parc 66 in Jinan; Center 66 in Wuxi; Riverside 66 in Tianjin; Olympia 66 in Dalian; Spring City 66 in Kunming; Heartland 66 in Wuhan; and Westlake 66 in Hangzhou. In addition, the company offers car park and property management, financial, project management, dry and laundry cleaning, and property agency services, as well as operates and manages apartment. Hang Lung Group Limited was founded in 1960 and is headquartered in Central, Hong Kong.
Hang Lung Dividend Announcement
• Hang Lung announced a semi annually dividend of $0.13 per ordinary share which will be made payable on 2024-10-07. Ex dividend date: 2024-08-15
• Hang Lung annual dividend for 2024 was $0.55
• Hang Lung annual dividend for 2023 was $0.55
• Hang Lung's trailing twelve-month (TTM) dividend yield is 1.12%
• Hang Lung's payout ratio for the trailing twelve months (TTM) is 14.18%
• Hang Lung's dividend growth over the last five years (2018-2023) was 1.48% year
• Hang Lung's dividend growth over the last ten years (2013-2023) was 0.78% year
Hang Lung Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-15 | $0.13 | semi annually | 2024-10-07 |
2024-05-07 | $0.42 | semi annually | 2024-06-24 |
2023-09-11 | $0.14 | semi annually | 2023-10-10 |
2023-05-02 | $0.41 | semi annually | 2023-05-30 |
2022-09-09 | $0.13 | semi annually | 2022-10-11 |
2022-04-29 | $0.42 | semi annually | 2022-05-31 |
2021-09-09 | $0.14 | semi annually | 2021-10-12 |
2021-08-09 | $0.14 | semi annually | |
2021-05-03 | $0.41 | semi annually | 2021-06-01 |
2020-09-10 | $0.12 | semi annually | 2020-10-09 |
2020-05-04 | $0.57 | semi annually | 2020-06-01 |
2019-09-09 | $0.12 | semi annually | 2019-10-07 |
2019-05-02 | $0.39 | semi annually | 2019-05-31 |
2018-09-07 | $0.12 | semi annually | 2018-10-09 |
2018-04-30 | $0.39 | semi annually | 2018-05-29 |
2017-09-08 | $0.12 | semi annually | 2017-10-10 |
2017-05-01 | $0.39 | semi annually | 2017-05-30 |
2016-09-08 | $0.12 | semi annually | 2016-10-11 |
2016-04-29 | $0.39 | semi annually | 2016-05-31 |
2015-09-09 | $0.12 | semi annually | 2015-10-13 |
2015-05-06 | $0.38 | semi annually | 2015-05-29 |
2014-09-10 | $0.12 | semi annually | 2014-10-10 |
2014-04-24 | $0.39 | semi annually | 2014-05-27 |
2013-09-04 | $0.12 | semi annually | 2013-10-07 |
2013-04-23 | $0.39 | semi annually | 2013-05-20 |
Hang Lung Dividend per year
Hang Lung Dividend growth
Hang Lung Dividend Yield
Hang Lung current trailing twelve-month (TTM) dividend yield is 1.12%. Interested in purchasing Hang Lung stock? Use our calculator to estimate your expected dividend yield:
Hang Lung Financial Ratios
Hang Lung Dividend FAQ
Other factors to consider when evaluating Hang Lung 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 Lung'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 Lung 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 Lung 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 Lung 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 Lung 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 Lung 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 Lung 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 Lung'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 Lung'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.