The Hongkong and Shanghai Hotels, Limited, an investment holding company, engages in the ownership, development, and management of hotels, and commercial and residential properties in Asia, the United States, and Europe. It operates through three divisions: Hotels, Commercial Properties, and Clubs and Services. The Hotels division is involved in the operation of hotels; and leasing of commercial shopping arcades and office premises located within the hotel buildings. The Commercial Properties division engages in the development, lease, and sale of residential apartments; and lease of retail and office premises, as well as operation of food and beverage outlets in such premises. The Clubs and Services division operates golf courses, as well as The Peak Tram, a tramway; wholesales and retails food and beverage products; and offers laundry, and management and consultancy services for clubs. The company is also involved in the wholesale and retail of merchandise; provision of dry cleaning, and marketing services; lending and borrowing of funds; and operates golf club and resort, and property investment activities. In addition, it offers tourism, leisure, and other services; and operates Peninsula Boutiques. The company was formerly known as The Hongkong Hotel Company, Limited. The Hongkong and Shanghai Hotels, Limited was incorporated in 1866 and is headquartered in Central, Hong Kong.
Hongkong and Shanghai Hotels Dividend Announcement
• Hongkong and Shanghai Hotels announced a annually dividend of HK$0.08 per ordinary share which will be made payable on 2024-06-20. Ex dividend date: 2024-05-10
• Hongkong and Shanghai Hotels annual dividend for 2024 was HK$0.08
• Hongkong and Shanghai Hotels's trailing twelve-month (TTM) dividend yield is 1.43%
• Hongkong and Shanghai Hotels's payout ratio for the trailing twelve months (TTM) is -5.56%
Hongkong and Shanghai Hotels Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-10 | HK$0.08 | annually | 2024-06-20 |
2020-05-18 | HK$0.09 | annually | 2020-06-29 |
2019-08-29 | HK$0.04 | annually | 2019-10-11 |
2019-05-15 | HK$0.16 | annually | 2019-06-21 |
2018-08-31 | HK$0.05 | annually | 2018-10-12 |
2018-05-11 | HK$0.16 | annually | 2018-06-22 |
2017-09-01 | HK$0.04 | annually | 2017-10-13 |
2017-05-10 | HK$0.15 | annually | 2017-06-16 |
2016-09-09 | HK$0.04 | annually | |
2016-05-13 | HK$0.15 | annually | |
2015-09-15 | HK$0.05 | annually | |
2015-05-13 | HK$0.18 | annually | |
2014-09-18 | HK$0.05 | annually | |
2014-05-14 | HK$0.12 | annually | |
2013-09-17 | HK$0.04 | annually | |
2013-05-07 | HK$0.10 | annually | |
2012-09-17 | HK$0.04 | annually | |
2012-05-23 | HK$0.10 | annually | |
2011-09-22 | HK$0.04 | annually | |
2011-05-09 | HK$0.08 | annually | |
2010-09-22 | HK$0.04 | annually | |
2010-05-06 | HK$0.06 | annually |
Hongkong and Shanghai Hotels Dividend per year
Hongkong and Shanghai Hotels Dividend growth
Hongkong and Shanghai Hotels Dividend Yield
Hongkong and Shanghai Hotels current trailing twelve-month (TTM) dividend yield is 1.43%. Interested in purchasing Hongkong and Shanghai Hotels stock? Use our calculator to estimate your expected dividend yield:
Hongkong and Shanghai Hotels Financial Ratios
Hongkong and Shanghai Hotels Dividend FAQ
Other factors to consider when evaluating Hongkong and Shanghai Hotels 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: Hongkong and Shanghai Hotels'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, Hongkong and Shanghai Hotels 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, Hongkong and Shanghai Hotels 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 Hongkong and Shanghai Hotels 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: Hongkong and Shanghai Hotels 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, Hongkong and Shanghai Hotels distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hongkong and Shanghai Hotels 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 Hongkong and Shanghai Hotels'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 Hongkong and Shanghai Hotels'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.