Hong Leong Asia Ltd., an investment holding company, manufactures and distributes diesel engines and related products, building materials, and rigid packaging products in the People's Republic of China, Singapore, Malaysia, and internationally. Its Diesel Engines segment offers diesel engines and automobile spare parts. The company's Building Materials segment manufactures and supplies cement, pre-cast concrete elements, ready-mix concrete, and quarry products for public housing construction. The Rigid Packaging segment provides plastic packaging related products and container components. It is also involved in hospitality and property development activities. The company was founded in 1941 and is headquartered in Singapore. Hong Leong Asia Ltd. is a subsidiary of Hong Leong Corporation Holdings Pte Ltd.
Hong Leong Asia Dividend Announcement
• Hong Leong Asia announced a semi annually dividend of S$0.01 per ordinary share which will be made payable on 2024-09-10. Ex dividend date: 2024-08-28
• Hong Leong Asia annual dividend for 2024 was S$0.03
• Hong Leong Asia annual dividend for 2023 was S$0.02
• Hong Leong Asia's trailing twelve-month (TTM) dividend yield is 3.49%
• Hong Leong Asia's payout ratio for the trailing twelve months (TTM) is 17.88%
Hong Leong Asia Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-28 | S$0.01 | semi annually | 2024-09-10 |
2024-05-03 | S$0.02 | semi annually | 2024-05-15 |
2023-05-03 | S$0.02 | semi annually | 2023-05-16 |
2022-05-04 | S$0.02 | semi annually | 2022-05-17 |
2021-05-05 | S$0.01 | semi annually | 2021-05-18 |
2020-06-24 | S$0.01 | semi annually | 2020-07-08 |
2017-05-11 | S$0.01 | semi annually | 2017-05-24 |
2016-05-05 | S$0.01 | semi annually | |
2015-08-25 | S$0.01 | semi annually | |
2015-05-13 | S$0.02 | semi annually | |
2014-08-26 | S$0.01 | semi annually | |
2014-05-07 | S$0.03 | semi annually | |
2013-08-19 | S$0.01 | semi annually | |
2013-05-09 | S$0.02 | semi annually | |
2012-09-03 | S$0.01 | semi annually | |
2012-05-07 | S$0.05 | semi annually | |
2011-09-05 | S$0.03 | semi annually | |
2011-04-28 | S$0.07 | semi annually |
Hong Leong Asia Dividend per year
Hong Leong Asia Dividend growth
Hong Leong Asia Dividend Yield
Hong Leong Asia current trailing twelve-month (TTM) dividend yield is 3.49%. Interested in purchasing Hong Leong Asia stock? Use our calculator to estimate your expected dividend yield:
Hong Leong Asia Financial Ratios
Hong Leong Asia Dividend FAQ
Other factors to consider when evaluating Hong Leong Asia 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: Hong Leong Asia'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 Leong Asia 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 Leong Asia 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 Leong Asia 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: Hong Leong Asia 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 Leong Asia 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 Leong Asia 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 Hong Leong Asia'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 Leong Asia'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.