Joy City Property Limited, an investment holding company, engages in the property investment and development, property management, and hotel operation activities in Mainland China and Hong Kong. It operates through Property Investment, Property and Land Development, Hotel Operations, Output Management Project, and Other Services segments. The company engages in the development, operation, sale, leasing, and management of mixed use complexes and other commercial properties, including shopping centers, hotels, offices, serviced apartments, and resort and tourist properties. It also owns and manages hotels; and provides agency services and property management services, as well as tourism services. The company was formerly known as COFCO Land Holdings Limited. The company was incorporated in 1992 and is headquartered in Causeway Bay, Hong Kong. Joy City Property Limited is a subsidiary of Grandjoy Holdings Group Co., Ltd.
Joy City Property Dividend Announcement
• Joy City Property announced a annually dividend of HK$0.01 per ordinary share which will be made payable on 2024-07-04. Ex dividend date: 2024-06-20
• Joy City Property annual dividend for 2024 was HK$0.01
• Joy City Property annual dividend for 2023 was HK$0.01
• Joy City Property's trailing twelve-month (TTM) dividend yield is 3.83%
• Joy City Property's payout ratio for the trailing twelve months (TTM) is -123.29%
Joy City Property Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-20 | HK$0.01 | annually | 2024-07-04 |
2023-06-12 | HK$0.01 | annually | 2023-07-06 |
2021-06-22 | HK$0.03 | annually | 2021-07-19 |
2020-06-09 | HK$0.04 | annually | 2020-07-06 |
2019-06-11 | HK$0.06 | annually | 2019-07-08 |
2018-06-12 | HK$0.04 | annually | 2018-07-09 |
2017-06-12 | HK$0.04 | annually | 2017-07-14 |
2016-12-20 | HK$0.04 | annually | |
2016-06-06 | HK$0.01 | annually | |
2015-06-04 | HK$0.01 | annually | |
2001-10-22 | HK$1.63 | annually |
Joy City Property Dividend per year
Joy City Property Dividend growth
Joy City Property Dividend Yield
Joy City Property current trailing twelve-month (TTM) dividend yield is 3.83%. Interested in purchasing Joy City Property stock? Use our calculator to estimate your expected dividend yield:
Joy City Property Financial Ratios
Joy City Property Dividend FAQ
Other factors to consider when evaluating Joy City Property 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: Joy City Property'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, Joy City Property 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, Joy City Property 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 Joy City Property 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: Joy City Property 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, Joy City Property distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Joy City Property 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 Joy City Property'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 Joy City Property'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.