ITE (Holdings) Limited, an investment holding company, provides smartcard systems, radio frequency identification (RFID) products, and information technology (IT) and related services to the public and private sectors in Hong Kong and Macao. The company provides system integration; project management and implementation; and management, operation, and maintenance services, as well as HOMAC hardware and Intelli software products. It also offers smart city information services; harvesting, storage, utilization of smart energy; Internet of things products, such as sensors and wireless connections; FinTech and sharing economy solution; e-payment; identification; access control; automated passage; automated fare collection; vehicle and transport; intelligent facilities; time attendance; assets and materials handling; and precision medicine and engineering solutions. ITE (Holdings) Limited was founded in 1997 and is headquartered in Kowloon, Hong Kong.
ITE Dividend Announcement
• ITE announced a annually dividend of HK$0.00 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-08-19
• ITE annual dividend for 2024 was HK$0.00
• ITE annual dividend for 2023 was HK$0.01
• ITE's trailing twelve-month (TTM) dividend yield is 8.0%
ITE Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-19 | HK$0.00 | annually | 2024-09-06 |
2023-08-14 | HK$0.01 | annually | 2023-09-01 |
2022-08-26 | HK$0.01 | annually | 2022-09-16 |
2021-08-26 | HK$0.01 | annually | 2021-09-14 |
2015-08-20 | HK$0.00 | annually | 2015-09-08 |
2014-08-15 | HK$0.00 | annually | 2014-11-01 |
2001-11-26 | HK$0.00 | annually | 2001-12-07 |
ITE Dividend per year
ITE Dividend growth
ITE Dividend Yield
ITE current trailing twelve-month (TTM) dividend yield is 8.0%. Interested in purchasing ITE stock? Use our calculator to estimate your expected dividend yield:
ITE Financial Ratios
ITE Dividend FAQ
Other factors to consider when evaluating ITE 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: ITE'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, ITE 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, ITE 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 ITE 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: ITE 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, ITE distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ITE 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 ITE'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 ITE'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.