Hong Leong Finance Limited provides various financial services to business and retail customers in Singapore. It accepts savings and business current accounts, as well as fixed deposits. The company also offers new and used car, home, and private property loans, as well as mortgage equity and share financing services. In addition, it provides small and medium enterprise (SME) loans, including accounts receivable financing, block discounting, equipment loans, HDB SME loans, hire purchase, medical asset financing, property development loans, SME care programmes, SME property loans, suppliers' invoice financing/letters of credit, syndicated loans, and term loans/working capital loans, as well as enterprise finance schemes, such as SME fixed assets, SME working capital, and trade schemes. Further, the company offers corporate finance services, including issuing management and sponsoring services; corporate advisory services in the areas of financial advisory, independent financial advisory, mergers and acquisitions, and restructuring; and equity fund raising services, such as initial public offering, secondary fund raising, and underwriting of shares. It operates through a network of 28 branches and 12 SME centers. The company was incorporated in 1961 and is based in Singapore.
Hong Leong Finance Dividend Announcement
• Hong Leong Finance announced a semi annually dividend of S$0.04 per ordinary share which will be made payable on 2024-09-05. Ex dividend date: 2024-08-21
• Hong Leong Finance annual dividend for 2024 was S$0.13
• Hong Leong Finance annual dividend for 2023 was S$0.17
• Hong Leong Finance's trailing twelve-month (TTM) dividend yield is 5.2%
• Hong Leong Finance's payout ratio for the trailing twelve months (TTM) is 52.06%
• Hong Leong Finance's dividend growth over the last five years (2018-2023) was 3.65% year
• Hong Leong Finance's dividend growth over the last ten years (2013-2023) was 3.39% year
Hong Leong Finance Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-21 | S$0.04 | semi annually | 2024-09-05 |
2024-05-07 | S$0.09 | semi annually | 2024-05-24 |
2023-08-16 | S$0.04 | semi annually | 2023-08-31 |
2023-05-09 | S$0.13 | semi annually | 2023-05-26 |
2022-08-17 | S$0.04 | semi annually | 2022-09-01 |
2022-05-10 | S$0.08 | semi annually | 2022-05-27 |
2021-08-20 | S$0.04 | semi annually | 2021-09-08 |
2021-05-07 | S$0.06 | semi annually | 2021-05-25 |
2020-08-24 | S$0.04 | semi annually | 2020-09-09 |
2020-07-01 | S$0.10 | semi annually | 2020-07-16 |
2020-05-08 | S$0.10 | semi annually | |
2019-08-26 | S$0.05 | semi annually | 2019-09-11 |
2019-05-06 | S$0.10 | semi annually | 2019-05-22 |
2018-08-24 | S$0.05 | semi annually | 2018-09-12 |
2018-05-04 | S$0.09 | semi annually | 2018-05-23 |
2017-08-22 | S$0.04 | semi annually | 2017-09-12 |
2017-05-04 | S$0.06 | semi annually | 2017-05-23 |
2016-08-25 | S$0.03 | semi annually | |
2016-05-03 | S$0.07 | semi annually | |
2015-08-21 | S$0.04 | semi annually | |
2015-05-05 | S$0.06 | semi annually | |
2014-08-26 | S$0.04 | semi annually | |
2014-05-06 | S$0.08 | semi annually | |
2013-08-22 | S$0.04 | semi annually | |
2013-05-03 | S$0.08 | semi annually |
Hong Leong Finance Dividend per year
Hong Leong Finance Dividend growth
Hong Leong Finance Dividend Yield
Hong Leong Finance current trailing twelve-month (TTM) dividend yield is 5.2%. Interested in purchasing Hong Leong Finance stock? Use our calculator to estimate your expected dividend yield:
Hong Leong Finance Financial Ratios
Hong Leong Finance Dividend FAQ
Other factors to consider when evaluating Hong Leong Finance 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 Finance'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 Finance 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 Finance 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 Finance 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 Finance 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 Finance 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 Finance 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 Finance'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 Finance'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.