The Hong Kong and China Gas Company Limited, together with its subsidiaries, produces, distributes, and markets gas in Hong Kong and Mainland China. It is involved in the provision of liquefied natural gas, methanol, and coal and other chemicals; conversion and utilization of biomass; agricultural waste; and operation of natural gas refilling stations, piped city-gas projects, upstream and midstream developments, photovoltaic projects, water and wastewater treatment projects, energy exploration and utilization ventures, and aviation fuel facilities. The company supplies town gas to approximately 1.9 million customers. It also provides network connectivity, and data center and cloud computing services; and engages in the software development, solution implementation, and systems integration activities. In addition, the company offers consultancy and engineering contractor services, including utilities installation, infrastructure construction, and civil and building services engineering for public and private projects; and designs and manufactures gas meters and metering systems. Further, it is involved in water supply, and domestic sewage and industrial wastewater treatment serving 2.4 million customers. Additionally, the company manufactures polyethylene piping and fittings; and engages in the customers center, café, restaurant, retail sale, laundry, automatic meter reading system development, laboratory testing, payment gateway and related, project management, landfill gas project, financing, logistics, oil, research and development, property development, and securities investment activities. The Hong Kong and China Gas Company Limited was founded in 1862 and is headquartered in North Point, Hong Kong.
Hong Kong and China Gas Dividend Announcement
• Hong Kong and China Gas announced a semi annually dividend of $0.01 per ordinary share which will be made payable on 2024-09-18. Ex dividend date: 2024-08-29
• Hong Kong and China Gas annual dividend for 2024 was $0.04
• Hong Kong and China Gas annual dividend for 2023 was $0.04
• Hong Kong and China Gas's trailing twelve-month (TTM) dividend yield is 8.19%
• Hong Kong and China Gas's payout ratio for the trailing twelve months (TTM) is 113.78%
• Hong Kong and China Gas's dividend growth over the last five years (2018-2023) was 3.64% year
• Hong Kong and China Gas's dividend growth over the last ten years (2013-2023) was -3.45% year
Hong Kong and China Gas Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-29 | $0.01 | semi annually | 2024-09-18 |
| 2024-06-06 | $0.03 | semi annually | 2024-07-01 |
| 2023-08-25 | $0.01 | semi annually | 2023-09-15 |
| 2023-06-08 | $0.03 | semi annually | 2023-07-03 |
| 2022-08-31 | $0.01 | semi annually | 2022-09-22 |
| 2022-06-07 | $0.03 | semi annually | 2022-06-29 |
| 2021-09-01 | $0.02 | semi annually | 2021-09-22 |
| 2021-06-03 | $0.02 | semi annually | 2021-06-28 |
| 2020-08-28 | $0.01 | semi annually | 2020-09-21 |
| 2020-06-08 | $0.03 | semi annually | 2020-06-30 |
| 2019-09-09 | $0.01 | semi annually | 2019-10-09 |
| 2019-05-29 | $0.03 | semi annually | 2019-06-20 |
| 2018-09-10 | $0.01 | semi annually | 2018-10-10 |
| 2018-06-07 | $0.02 | semi annually | 2018-06-29 |
| 2017-09-11 | $0.02 | semi annually | 2017-10-11 |
| 2017-06-07 | $0.03 | semi annually | 2017-06-30 |
| 2016-09-08 | $0.02 | semi annually | 2016-10-11 |
| 2016-06-08 | $0.04 | semi annually | 2016-07-01 |
| 2015-09-11 | $0.02 | semi annually | 2015-10-09 |
| 2015-06-01 | $0.04 | semi annually | 2015-06-24 |
| 2014-09-12 | $0.02 | semi annually | 2014-10-10 |
| 2014-06-04 | $0.03 | semi annually | 2014-06-27 |
| 2013-09-12 | $0.02 | semi annually | 2013-10-09 |
| 2013-06-05 | $0.04 | semi annually | 2013-06-28 |
Hong Kong and China Gas Dividend per year
Hong Kong and China Gas Dividend growth
Hong Kong and China Gas Dividend Yield
Hong Kong and China Gas current trailing twelve-month (TTM) dividend yield is 8.19%. Interested in purchasing Hong Kong and China Gas stock? Use our calculator to estimate your expected dividend yield:
Hong Kong and China Gas Financial Ratios
P/E ratio15.86
PEG ratio0.80
P/B ratio1.86
ROE11.48%
Payout ratio113.78%
Current ratio0.59
Quick ratio0.52
Cash Ratio0.19
Hong Kong and China Gas Dividend FAQ
How much is the next Hong Kong and China Gas dividend?
Hong Kong and China Gas's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Hong Kong and China Gas dividend. The next Hong Kong and China Gas dividend will be released in June, or August.
When is Hong Kong and China Gas dividend paid?
Hong Kong and China Gas pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June, and August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Hong Kong and China Gas pay?
The specific amount of Hong Kong and China Gas dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Hong Kong and China Gas's dividend history.
Does Hong Kong and China Gas stock pay dividends?
Yes, Hong Kong and China Gas does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Hong Kong and China Gas's dividend history.
How much dividend does Hong Kong and China Gas pay?
Hong Kong and China Gas paid $0.044 in 2024, $0.044 in 2023, $0.044 in 2022, $0.039 in 2021, and $0.042 in 2020.
How often does Hong Kong and China Gas pay dividends?
Hong Kong and China Gas typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June, and August.
What is Hong Kong and China Gas's dividend yield?
The current dividend yield for Hong Kong and China Gas is 8.19%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Hong Kong and China Gas's exact dividend yield.
When does Hong Kong and China Gas go ex dividend?
Hong Kong and China Gas's ex-dividend date for the latest dividend was on 2024-08-29. Hong Kong and China Gas typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Hong Kong and China Gas dividend paid?
Hong Kong and China Gas pays dividends on a semi annually basis, typically around June, or August, but the exact dates can vary each year.
Will Hong Kong and China Gas increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Hong Kong and China Gas will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Hong Kong and China Gas dividend per share?
Hong Kong and China Gas paid $0.044 per share in 2024 and $0.044 per share in 2023. The amount of dividend per share that Hong Kong and China Gas pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Hong Kong and China Gas a dividend aristocrat?
No, 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 Hong Kong and China Gas a dividend king?
No, 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 Hong Kong and China Gas a dividend stock?
Yes, Hong Kong and China Gas is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Hong Kong and China Gas a good dividend stock?
Whether Hong Kong and China Gas is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Hong Kong and China Gas has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Hong Kong and China Gas 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.
Other factors to consider when evaluating Hong Kong and China Gas 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.
Does Hong Kong and China Gas pay dividends monthly?
Hong Kong and China Gas typically pays dividends on a semi annually basis.
Does Hong Kong and China Gas pay dividends quarterly?
Hong Kong and China Gas currently pays dividends on a semi annually basis.
Has Hong Kong and China Gas ever paid a dividend?
Yes, Hong Kong and China Gas has a history of paying dividends to its shareholders. Hong Kong and China Gas is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hong Kong and China Gas dividend stocks?
To buy Hong Kong and China Gas 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Hong Kong and China Gas 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.
Place an order: Use the brokerage's trading platform to place an order to buy Hong Kong and China Gas 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.
When does Hong Kong and China Gas pay dividends 2024?
Hong Kong and China Gas pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-18. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Hong Kong and China Gas increase its dividend in 2024?
Decisions regarding Hong Kong and China Gas dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Hong Kong and China Gas dividend overview you can look into the above table of dividend history.
How Hong Kong and China Gas dividend works?
The Hong Kong and China Gas dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Hong Kong and China Gas's dividend process works:
1. Determination of Dividend: Hong Kong and China Gas'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, Hong Kong and China Gas 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, Hong Kong and China Gas 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 Hong Kong and China Gas 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. Determination of Dividend: Hong Kong and China Gas'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, Hong Kong and China Gas 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, Hong Kong and China Gas 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 Hong Kong and China Gas 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.
How are Hong Kong and China Gas dividends paid?
Hong Kong and China Gas dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Hong Kong and China Gas 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, Hong Kong and China Gas distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hong Kong and China Gas 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.
1. Record Date: Hong Kong and China Gas 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, Hong Kong and China Gas distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hong Kong and China Gas 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.
How many times does Hong Kong and China Gas pay dividends?
Hong Kong and China Gas typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Hong Kong and China Gas pay dividends?
The general pattern is that Hong Kong and China Gas pays dividends around June, and August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Hong Kong and China Gas dividend safe?
The safety of Hong Kong and China Gas's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Hong Kong and China Gas'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 Hong Kong and China Gas'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.
To assess the safety of Hong Kong and China Gas'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 Hong Kong and China Gas'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.