The Hour Glass Limited, an investment holding company, retails and distributes watches, jewelry, and other luxury products in South East Asia, Australia, and North East Asia. It also invests in properties. The company operates 50 boutiques. The Hour Glass Limited was incorporated in 1979 and is based in Singapore.
Hour Glass Dividend Announcement
• Hour Glass announced a semi annually dividend of S$0.02 per ordinary share which will be made payable on 2024-12-04. Ex dividend date: 2024-11-22
• Hour Glass annual dividend for 2024 was S$0.08
• Hour Glass annual dividend for 2023 was S$0.08
• Hour Glass's trailing twelve-month (TTM) dividend yield is 5.0%
• Hour Glass's payout ratio for the trailing twelve months (TTM) is 33.61%
• Hour Glass's dividend growth over the last five years (2018-2023) was 31.95% year
• Hour Glass's dividend growth over the last ten years (2013-2023) was 3.82% year
Hour Glass Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-22 | S$0.02 | semi annually | 2024-12-04 |
2024-08-06 | S$0.06 | semi annually | 2024-08-21 |
2023-11-24 | S$0.02 | semi annually | 2023-12-06 |
2023-08-02 | S$0.06 | semi annually | 2023-08-17 |
2022-11-14 | S$0.02 | semi annually | 2022-11-24 |
2022-08-08 | S$0.06 | semi annually | 2022-08-23 |
2021-11-23 | S$0.02 | semi annually | 2021-12-03 |
2021-08-05 | S$0.04 | semi annually | 2021-08-20 |
2020-11-17 | S$0.02 | semi annually | 2020-11-27 |
2020-09-08 | S$0.02 | semi annually | 2020-09-18 |
2019-08-06 | S$0.03 | semi annually | 2019-08-20 |
2018-08-06 | S$0.02 | semi annually | 2018-08-20 |
2017-08-03 | S$0.02 | semi annually | 2017-08-16 |
2016-08-01 | S$0.02 | semi annually | |
2015-07-27 | S$0.02 | semi annually | |
2014-08-04 | S$0.06 | semi annually | |
2013-07-26 | S$0.06 | semi annually |
Hour Glass Dividend per year
Hour Glass Dividend growth
Hour Glass Dividend Yield
Hour Glass current trailing twelve-month (TTM) dividend yield is 5.0%. Interested in purchasing Hour Glass stock? Use our calculator to estimate your expected dividend yield:
Hour Glass Financial Ratios
Hour Glass Dividend FAQ
Other factors to consider when evaluating Hour Glass 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: Hour Glass'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, Hour Glass 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, Hour Glass 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 Hour Glass 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: Hour Glass 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, Hour Glass distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hour Glass 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 Hour Glass'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 Hour Glass'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.