Hap Seng Consolidated Berhad, an investment holding company, engages in the plantation, property investment and development, credit financing, automotive, trading, and building materials businesses in Malaysia and internationally. The company cultivates oil palm, and harvests and processes fresh fruit bunches into crude palm oil. It holds and develops residential, commercial, and industrial properties; and offers financial services, including hire purchase, leasing, and term loan for small and medium enterprises. The company operates as a dealer for Mercedes-Benz vehicles that include logging and general-purpose trucks, buses, and passenger vehicles, as well as spare parts; supplies various fertilizers comprising muriate of potash, ammonium sulphate, kieserite, rock phosphate, and other NPK fertilizers; trades in building materials, such as steel bars, cement, tiles, iron and metal, building chemicals, interior fittings, plywood, sanitary ware, and petroleum products, as well as ceramic tiles, stones, mosaic, and wood flooring products. It produces and sells quarry and asphalt products for infrastructure and construction industry; clay bricks, facing and double bricks, and clay pavers; and agro-chemicals. The company provides repairing, painting and servicing of motor vehicles; management and maintenance services, construction, treasury management functions, and recreational facilities services; leases vehicles; trades in marketable securities; operates hotels and resort; and deals in stone and wood for home furnishing. It engages in investment in retail mall and car park, intellectual property holding and management; storage and warehousing of furniture and related products; and grocery stores, and food and beverage businesses. The company was formerly known as The East Asiatic Company (Malaysia) Berhad. The company was incorporated in 1976 and is based in Kuala Lumpur, Malaysia. Hap Seng Consolidated Berhad is a subsidiary of Gek Poh (Holdings) Sdn Bhd.
Hapng Consolidated Berhad Dividend Announcement
• Hapng Consolidated Berhad announced a semi annually dividend of RM0.10 per ordinary share which will be made payable on 2024-06-27. Ex dividend date: 2024-06-12
• Hapng Consolidated Berhad annual dividend for 2024 was RM0.10
• Hapng Consolidated Berhad annual dividend for 2023 was RM0.25
• Hapng Consolidated Berhad's trailing twelve-month (TTM) dividend yield is 6.43%
• Hapng Consolidated Berhad's payout ratio for the trailing twelve months (TTM) is 160.77%
• Hapng Consolidated Berhad's dividend growth over the last five years (2018-2023) was -6.51% year
• Hapng Consolidated Berhad's dividend growth over the last ten years (2013-2023) was 5.97% year
Hapng Consolidated Berhad Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-12 | RM0.10 | semi annually | 2024-06-27 |
2023-12-04 | RM0.15 | semi annually | 2023-12-21 |
2023-06-08 | RM0.10 | semi annually | 2023-06-22 |
2022-12-07 | RM0.20 | semi annually | 2022-12-21 |
2022-06-10 | RM0.10 | semi annually | 2022-06-23 |
2021-12-08 | RM0.25 | semi annually | 2021-12-22 |
2021-06-09 | RM0.10 | semi annually | 2021-06-23 |
2020-12-09 | RM0.15 | semi annually | 2020-12-22 |
2020-06-12 | RM0.10 | semi annually | 2020-06-24 |
2019-12-04 | RM0.20 | semi annually | 2019-12-18 |
2019-06-17 | RM0.15 | semi annually | 2019-06-26 |
2018-12-04 | RM0.20 | semi annually | 2018-12-19 |
2018-06-12 | RM0.15 | semi annually | 2018-06-28 |
2017-12-06 | RM0.20 | semi annually | 2017-12-20 |
2017-06-13 | RM0.15 | semi annually | 2017-06-28 |
2016-12-06 | RM0.20 | semi annually | |
2016-06-08 | RM0.15 | semi annually | |
2015-12-07 | RM0.10 | semi annually | |
2015-09-09 | RM0.10 | semi annually | |
2015-06-08 | RM0.10 | semi annually | |
2014-12-08 | RM0.15 | semi annually | |
2014-07-03 | RM0.10 | semi annually | |
2014-01-24 | RM0.08 | semi annually | |
2013-07-19 | RM0.08 | semi annually | |
2013-03-13 | RM0.06 | semi annually |
Hapng Consolidated Berhad Dividend per year
Hapng Consolidated Berhad Dividend growth
Hapng Consolidated Berhad Dividend Yield
Hapng Consolidated Berhad current trailing twelve-month (TTM) dividend yield is 6.43%. Interested in purchasing Hapng Consolidated Berhad stock? Use our calculator to estimate your expected dividend yield:
Hapng Consolidated Berhad Financial Ratios
Hapng Consolidated Berhad Dividend FAQ
Other factors to consider when evaluating Hapng Consolidated Berhad 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: Hapng Consolidated Berhad'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, Hapng Consolidated Berhad 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, Hapng Consolidated Berhad 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 Hapng Consolidated Berhad 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: Hapng Consolidated Berhad 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, Hapng Consolidated Berhad distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hapng Consolidated Berhad 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 Hapng Consolidated Berhad'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 Hapng Consolidated Berhad'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.