Hong Leong Financial Group Berhad, an investment holding company, provides a range of financial services to consumer, corporate, and institutional customers. The company operates through Commercial Banking, Investment Banking and Asset Management, Insurance, and Other Operations segments. It offers personal and Islamic financial, business banking, treasury, transaction banking, and wealth management services; investment banking, futures and stock broking, and fund and unit trust management services, as well as private banking services; corporate banking and global markets; and trading products and services, such as treasury, equities, derivatives, and foreign exchange. The company also provides life and general insurance, and takaful services; and management services. It has operations in Singapore, Hong Kong, Vietnam, and Cambodia. The company was formerly known as Hong Leong Credit Berhad and changed its name to Hong Leong Financial Group Berhad in July 2006. Hong Leong Financial Group Berhad was incorporated in 1968 and is headquartered in Kuala Lumpur, Malaysia. Hong Leong Financial Group Berhad operates as a subsidiary of Hong Leong Company (Malaysia) Berhad (Hlcm).
Hong Leong Financial Berhad Dividend Announcement
• Hong Leong Financial Berhad announced a semi annually dividend of RM0.36 per ordinary share which will be made payable on 2024-11-21. Ex dividend date: 2024-10-30
• Hong Leong Financial Berhad annual dividend for 2024 was RM0.54
• Hong Leong Financial Berhad annual dividend for 2023 was RM0.49
• Hong Leong Financial Berhad's trailing twelve-month (TTM) dividend yield is 2.92%
• Hong Leong Financial Berhad's payout ratio for the trailing twelve months (TTM) is 17.80%
• Hong Leong Financial Berhad's dividend growth over the last five years (2018-2023) was 4.14% year
• Hong Leong Financial Berhad's dividend growth over the last ten years (2013-2023) was 3.31% year
Hong Leong Financial Berhad Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-30 | RM0.36 | semi annually | 2024-11-21 |
2024-03-14 | RM0.18 | semi annually | |
2023-11-01 | RM0.32 | semi annually | 2023-11-23 |
2023-03-14 | RM0.17 | semi annually | 2023-03-30 |
2022-11-04 | RM0.31 | semi annually | 2022-11-23 |
2022-03-14 | RM0.15 | semi annually | 2022-03-30 |
2021-11-05 | RM0.29 | semi annually | 2021-11-23 |
2021-03-12 | RM0.11 | semi annually | 2021-03-30 |
2020-11-05 | RM0.25 | semi annually | 2020-11-25 |
2019-12-11 | RM0.13 | semi annually | 2019-12-27 |
2019-06-13 | RM0.29 | semi annually | 2019-06-26 |
2018-12-11 | RM0.13 | semi annually | 2018-12-27 |
2018-06-12 | RM0.27 | semi annually | 2018-06-26 |
2017-12-14 | RM0.13 | semi annually | 2017-12-28 |
2017-06-09 | RM0.25 | semi annually | 2017-06-23 |
2016-12-06 | RM0.13 | semi annually | |
2016-06-09 | RM0.25 | semi annually | |
2015-11-27 | RM0.13 | semi annually | |
2015-06-10 | RM0.25 | semi annually | |
2014-12-08 | RM0.13 | semi annually | |
2014-06-10 | RM0.25 | semi annually | |
2013-12-09 | RM0.13 | semi annually | |
2013-06-11 | RM0.23 | semi annually |
Hong Leong Financial Berhad Dividend per year
Hong Leong Financial Berhad Dividend growth
Hong Leong Financial Berhad Dividend Yield
Hong Leong Financial Berhad current trailing twelve-month (TTM) dividend yield is 2.92%. Interested in purchasing Hong Leong Financial Berhad stock? Use our calculator to estimate your expected dividend yield:
Hong Leong Financial Berhad Financial Ratios
Hong Leong Financial Berhad Dividend FAQ
Other factors to consider when evaluating Hong Leong Financial Berhad 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 Financial Berhad'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 Financial Berhad 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 Financial Berhad 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 Financial Berhad 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 Financial Berhad 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 Financial Berhad 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 Financial Berhad 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 Financial Berhad'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 Financial Berhad'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.