HK Electric Investments and HK Electric Investments Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong Island and Lamma Island. As of December 31, 2021, the company operated 6 coal-fired units, 5 oil-fired gas turbine units, 3 gas-fired combined-cycle units, 1 solar power system, and 1 wind turbine with an installed capacity of 3,617 megawatts. It also operated a transmission and distribution network of 6,734 kilometers; 4,100 substations; and 6,300 transformers, as well as served 584,000 residential, commercial, and industrial customers. The company was founded in 1889 and is headquartered in Hong Kong, Hong Kong.
HK Electric Investments and HK Electric Investments Dividend Announcement
• HK Electric Investments and HK Electric Investments announced a semi annually dividend of HK$0.16 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-08-27
• HK Electric Investments and HK Electric Investments annual dividend for 2024 was HK$0.32
• HK Electric Investments and HK Electric Investments annual dividend for 2023 was HK$0.32
• HK Electric Investments and HK Electric Investments's trailing twelve-month (TTM) dividend yield is 6.15%
• HK Electric Investments and HK Electric Investments's payout ratio for the trailing twelve months (TTM) is 90.68%
• HK Electric Investments and HK Electric Investments's dividend growth over the last five years (2018-2023) was -4.37% year
HK Electric Investments and HK Electric Investments Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-27 | HK$0.16 | semi annually | 2024-09-06 |
2024-04-05 | HK$0.16 | semi annually | |
2023-08-15 | HK$0.16 | semi annually | 2023-08-25 |
2023-03-28 | HK$0.16 | semi annually | 2023-04-12 |
2022-08-16 | HK$0.16 | semi annually | 2022-08-26 |
2022-03-29 | HK$0.16 | semi annually | 2022-04-11 |
2021-08-17 | HK$0.16 | semi annually | 2021-08-27 |
2021-03-30 | HK$0.16 | semi annually | 2021-04-13 |
2020-08-18 | HK$0.16 | semi annually | 2020-08-28 |
2020-08-14 | HK$0.16 | semi annually | |
2020-03-31 | HK$0.16 | semi annually | 2020-04-14 |
2019-08-13 | HK$0.16 | semi annually | 2019-08-23 |
2019-04-02 | HK$0.20 | semi annually | 2019-04-15 |
2018-08-07 | HK$0.20 | semi annually | 2018-08-17 |
2018-03-27 | HK$0.20 | semi annually | 2018-04-11 |
2017-08-01 | HK$0.20 | semi annually | 2017-08-11 |
2017-04-05 | HK$0.20 | semi annually | 2017-04-19 |
2016-08-09 | HK$0.20 | semi annually | 2016-08-19 |
2016-03-31 | HK$0.20 | semi annually | 2016-04-13 |
2015-08-04 | HK$0.20 | semi annually | 2015-08-14 |
2015-02-26 | HK$0.20 | semi annually | 2015-03-10 |
2014-08-05 | HK$0.17 | semi annually | 2014-08-15 |
HK Electric Investments and HK Electric Investments Dividend per year
HK Electric Investments and HK Electric Investments Dividend growth
HK Electric Investments and HK Electric Investments Dividend Yield
HK Electric Investments and HK Electric Investments current trailing twelve-month (TTM) dividend yield is 6.15%. Interested in purchasing HK Electric Investments and HK Electric Investments stock? Use our calculator to estimate your expected dividend yield:
HK Electric Investments and HK Electric Investments Financial Ratios
HK Electric Investments and HK Electric Investments Dividend FAQ
Other factors to consider when evaluating HK Electric Investments and HK Electric Investments 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: HK Electric Investments and HK Electric Investments'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, HK Electric Investments and HK Electric Investments 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, HK Electric Investments and HK Electric Investments 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 HK Electric Investments and HK Electric Investments 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: HK Electric Investments and HK Electric Investments 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, HK Electric Investments and HK Electric Investments distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: HK Electric Investments and HK Electric Investments 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 HK Electric Investments and HK Electric Investments'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 HK Electric Investments and HK Electric Investments'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.