Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. The company operates through Property Leasing and Property Sales segments. The company is involved in the development, sale, and leasing of properties. Its investment properties portfolio includes shopping malls, office, residential, serviced apartment, hotel, and car parking properties, as well as industrial premises. The company also engages in the apartment operating and management; project management; and property agency activities. In addition, it provides management and financial services. The company was incorporated in 1949 and is headquartered in Central, Hong Kong. Hang Lung Properties Limited is a subsidiary of Hang Lung Group Limited.
Hang Lung Properties Dividend Announcement
• Hang Lung Properties announced a semi annually dividend of $0.08 per ordinary share which will be made payable on 2024-10-07. Ex dividend date: 2024-08-15
• Hang Lung Properties annual dividend for 2024 was $0.46
• Hang Lung Properties annual dividend for 2023 was $0.50
• Hang Lung Properties's trailing twelve-month (TTM) dividend yield is 1.35%
• Hang Lung Properties's payout ratio for the trailing twelve months (TTM) is 68.30%
• Hang Lung Properties's dividend growth over the last five years (2018-2023) was 0.78% year
• Hang Lung Properties's dividend growth over the last ten years (2013-2023) was 0.43% year
Hang Lung Properties Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-15 | $0.08 | semi annually | 2024-10-07 |
2024-05-07 | $0.38 | semi annually | 2024-06-24 |
2023-09-11 | $0.12 | semi annually | 2023-10-10 |
2023-05-02 | $0.38 | semi annually | 2023-05-30 |
2022-09-09 | $0.12 | semi annually | 2022-10-11 |
2022-04-29 | $0.39 | semi annually | 2022-05-31 |
2021-09-09 | $0.12 | semi annually | 2021-10-12 |
2021-05-03 | $0.38 | semi annually | 2021-06-01 |
2020-09-10 | $0.11 | semi annually | 2020-10-09 |
2020-05-04 | $0.38 | semi annually | 2020-06-01 |
2019-09-09 | $0.11 | semi annually | 2019-10-07 |
2019-05-02 | $0.37 | semi annually | 2019-05-31 |
2018-09-07 | $0.11 | semi annually | 2018-10-09 |
2018-04-30 | $0.37 | semi annually | 2018-05-29 |
2017-09-08 | $0.11 | semi annually | 2017-10-10 |
2017-05-01 | $0.37 | semi annually | 2017-05-30 |
2016-09-15 | $0.11 | semi annually | 2016-10-11 |
2016-04-29 | $0.37 | semi annually | 2016-05-31 |
2015-09-09 | $0.11 | semi annually | 2015-10-13 |
2015-05-06 | $0.38 | semi annually | 2015-05-29 |
2014-09-10 | $0.11 | semi annually | 2014-10-10 |
2014-04-24 | $0.37 | semi annually | 2014-05-27 |
2013-09-04 | $0.11 | semi annually | 2013-10-07 |
2013-04-23 | $0.37 | semi annually | 2013-05-20 |
Hang Lung Properties Dividend per year
Hang Lung Properties Dividend growth
Hang Lung Properties Dividend Yield
Hang Lung Properties current trailing twelve-month (TTM) dividend yield is 1.35%. Interested in purchasing Hang Lung Properties stock? Use our calculator to estimate your expected dividend yield:
Hang Lung Properties Financial Ratios
Hang Lung Properties Dividend FAQ
Other factors to consider when evaluating Hang Lung Properties 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 Properties'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 Properties 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 Properties 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 Properties 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 Properties 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 Properties 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 Properties 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 Properties'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 Properties'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.