Kina Securities Limited, together with its subsidiaries, provides commercial banking and financial, fund administration, investment management, and share brokerage services in Papua New Guinea. It operates through two segments, Bank and Wealth Management. The company offers savings, individual and business cheque, business, cash management, and fixed deposit accounts; personal, home, residential property investment, and business loans; insurance premium funding; equipment finance; overdrafts; and bank guarantees products. It also provides debit cards; and treasury services, including overseas telegraphic transfer, foreign currency notes, trade services clean collections, documentary clean collections, import documentary credit, and export document credits. In addition, the company offers wealth services, such as stockbroking, wholesale and retail funds management, trustee, and funds administration; and online and mobile banking services. The company was founded in 1985 and is headquartered in Port Moresby, Papua New Guinea.
Kina Securities Dividend Announcement
• Kina Securities announced a semi annually dividend of A$0.03 per ordinary share which will be made payable on 2024-10-04. Ex dividend date: 2024-09-05
• Kina Securities annual dividend for 2024 was A$0.08
• Kina Securities annual dividend for 2023 was A$0.10
• Kina Securities's trailing twelve-month (TTM) dividend yield is 3.18%
• Kina Securities's payout ratio for the trailing twelve months (TTM) is 62.99%
• Kina Securities's dividend growth over the last five years (2018-2023) was 5.99% year
Kina Securities Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-05 | A$0.03 | semi annually | 2024-10-04 |
2024-03-05 | A$0.05 | semi annually | |
2023-09-06 | A$0.03 | semi annually | 2023-10-05 |
2023-03-03 | A$0.07 | semi annually | 2023-04-11 |
2022-09-05 | A$0.04 | semi annually | 2022-10-04 |
2022-03-03 | A$0.07 | semi annually | 2022-04-08 |
2021-09-01 | A$0.03 | semi annually | 2021-10-01 |
2021-03-02 | A$0.06 | semi annually | 2021-04-09 |
2020-09-01 | A$0.03 | semi annually | 2020-10-02 |
2020-03-03 | A$0.06 | semi annually | 2020-04-09 |
2019-08-28 | A$0.04 | semi annually | 2019-09-26 |
2019-03-04 | A$0.05 | semi annually | 2019-04-04 |
2018-08-29 | A$0.04 | semi annually | 2018-09-27 |
2018-03-01 | A$0.03 | semi annually | 2018-04-05 |
2017-08-29 | A$0.02 | semi annually | 2017-09-29 |
2017-03-02 | A$0.04 | semi annually | 2017-04-27 |
2016-09-02 | A$0.03 | semi annually | 2016-10-04 |
2016-03-01 | A$0.03 | semi annually | 2016-04-04 |
Kina Securities Dividend per year
Kina Securities Dividend growth
Kina Securities Dividend Yield
Kina Securities current trailing twelve-month (TTM) dividend yield is 3.18%. Interested in purchasing Kina Securities stock? Use our calculator to estimate your expected dividend yield:
Kina Securities Financial Ratios
Kina Securities Dividend FAQ
Other factors to consider when evaluating Kina Securities 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: Kina Securities'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, Kina Securities 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, Kina Securities 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 Kina Securities 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: Kina Securities 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, Kina Securities distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kina Securities 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 Kina Securities'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 Kina Securities'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.