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HK Asia Holdings Limited, an investment holding company, engages in the wholesale and retail sale of the pre-paid products in Hong Kong. It offers SIM cards and top-up vouchers, which allow users to make local and international phone calls, as well as access mobile data services. The company was founded in 1995 and is headquartered in Sheung Wan, Hong Kong.

HK Asia Dividend Announcement

• HK Asia announced a annually dividend of HK$0.05 per ordinary share which will be made payable on 2024-10-17. Ex dividend date: 2024-10-04
• HK Asia annual dividend for 2024 was HK$0.05
• HK Asia annual dividend for 2023 was HK$0.15
• HK Asia's trailing twelve-month (TTM) dividend yield is 15.62%
• HK Asia's payout ratio for the trailing twelve months (TTM) is 404.26%

HK Asia Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-04HK$0.05annually2024-10-17
2023-09-04HK$0.15annually2023-09-18
2020-04-09HK$0.10annually2020-04-27

HK Asia Dividend per year

HK Asia Dividend Yield

HK Asia current trailing twelve-month (TTM) dividend yield is 15.62%. Interested in purchasing HK Asia stock? Use our calculator to estimate your expected dividend yield:

HK Asia Financial Ratios

P/E ratio8.62
PEG ratio0.09
P/B ratio1.03
ROE12.11%
Payout ratio404.26%
Current ratio9.41
Quick ratio5.81
Cash Ratio5.16

HK Asia Dividend FAQ

Does HK Asia stock pay dividends?
HK Asia does not currently pay dividends to its shareholders.
Has HK Asia ever paid a dividend?
No, HK Asia has no a history of paying dividends to its shareholders. HK Asia is not known for its dividend payments.
Why doesn't HK Asia pay dividends?
There are several potential reasons why HK Asia would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will HK Asia ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While HK Asia has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is HK Asia a dividend aristocrat?
HK Asia is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is HK Asia a dividend king?
HK Asia is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is HK Asia a dividend stock?
No, HK Asia is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy HK Asia stocks?
To buy HK Asia you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy HK Asia stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.