Kim Heng Limited, an investment holding company, provides integrated offshore and marine value chain services in Southeast Asia, Australasia, the Middle East, and Europe. The company operates in two segments, Offshore Rig Services and Supply Chain Management; and Vessel Sales and Newbuild. It offers a range of products and services that caters to various stages of marine infrastructure projects, and offshore oil and gas projects from oil exploration to field development and oil production; and ventures into the offshore wind renewable market. The company also operates shipyards that enable the company to carry out various services, including offshore rig repair, maintenance and refurbishment, fabrication, vessel newbuilding, and afloat repairs, as well as support new businesses in the renewable and marine construction markets; and a fleet of anchor handling tugs, barges, and cranes for sale and rent; and provides other services, such as maintenance, trading, and sale of heavy equipment. In addition, it engages in chartering, freight, servicing, and repair of vessels; trades in drill pipes and related drilling materials; services and rental of marine equipment and cranes; provision of port operation, offshore engineering, and shipbuilding services; and labor supply activities. Further, the company offers repairing and/or docking of ships and various vessels, supply chain and crew management, and heavy-lift equipment; salvaging distressed vessels and cargos; freight forwarding, packing, and crating services; general agent services for electronic cargo tracking note; cranes and industrial equipment lease, sale, repair and maintenance, and after sale services; marine support services; and marine transportation and logistics related services. The company was formerly known as Kim Heng Offshore & Marine Holdings Limited and changed its name to Kim Heng Limited in May 2021. Kim Heng Limited was founded in 1968 and is headquartered in Singapore.
Kim Heng Dividend Announcement
• Kim Heng announced a annually dividend of S$0.00 per ordinary share which will be made payable on 2024-07-12. Ex dividend date: 2024-06-21
• Kim Heng annual dividend for 2024 was S$0.00
• Kim Heng annual dividend for 2023 was S$0.00
• Kim Heng's trailing twelve-month (TTM) dividend yield is 2.34%
Kim Heng Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-21 | S$0.00 | annually | 2024-07-12 |
2023-05-10 | S$0.00 | annually | 2023-05-26 |
2018-04-30 | S$0.00 | annually | 2018-05-15 |
2017-05-03 | S$0.00 | annually | 2017-05-17 |
2016-05-05 | S$0.00 | annually | |
2015-05-05 | S$0.01 | annually | |
2014-05-02 | S$0.01 | annually |
Kim Heng Dividend per year
Kim Heng Dividend growth
Kim Heng Dividend Yield
Kim Heng current trailing twelve-month (TTM) dividend yield is 2.34%. Interested in purchasing Kim Heng stock? Use our calculator to estimate your expected dividend yield:
Kim Heng Financial Ratios
Kim Heng Dividend FAQ
Other factors to consider when evaluating Kim Heng 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: Kim Heng'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, Kim Heng 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, Kim Heng 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 Kim Heng 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: Kim Heng 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, Kim Heng distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kim Heng 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 Kim Heng'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 Kim Heng'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.