Kowloon Development Company Limited, an investment holding company, engages in the investment, development, and management of properties in Hong Kong and Mainland China. The company develops, leases, and sells various residential and commercial projects, such as club houses, car parking facilities, retail shops, shopping arcades, and residential towers, as well as hotels and office buildings. As of December 31, 2021, its land bank for development totaled to approximately 3.6 million square meters of gross floor area. The company also provides security, technical, and housekeeping services; building surveying and guarding services; financial investments and services; and project management services, as well as undertakes construction contracts. In addition, it engages in the treasury operations; retail activities; and distribution of films and cinematograph films. The company was founded in 1961 and is headquartered in Mong Kok, Hong Kong. Kowloon Development Company Limited is a subsidiary of Intellinsight Holdings Limited.
Kowloon Development Dividend Announcement
• Kowloon Development announced a semi annually dividend of HK$0.10 per ordinary share which will be made payable on 2025-01-08. Ex dividend date: 2024-12-12
• Kowloon Development annual dividend for 2024 was HK$0.10
• Kowloon Development annual dividend for 2023 was HK$0.83
• Kowloon Development's trailing twelve-month (TTM) dividend yield is 6.57%
• Kowloon Development's payout ratio for the trailing twelve months (TTM) is 366.49%
• Kowloon Development's dividend growth over the last five years (2018-2023) was 5.01% year
• Kowloon Development's dividend growth over the last ten years (2013-2023) was 3.83% year
Kowloon Development Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-12 | HK$0.10 | semi annually | 2025-01-08 |
2023-12-15 | HK$0.26 | semi annually | 2024-01-09 |
2023-06-15 | HK$0.57 | semi annually | 2023-07-05 |
2022-12-16 | HK$0.26 | semi annually | 2023-01-04 |
2022-06-21 | HK$0.57 | semi annually | 2022-07-06 |
2021-11-11 | HK$0.25 | semi annually | 2021-12-01 |
2021-06-07 | HK$0.56 | semi annually | 2021-06-25 |
2020-10-09 | HK$0.24 | semi annually | 2020-10-30 |
2020-06-15 | HK$0.54 | semi annually | 2020-06-29 |
2019-11-21 | HK$0.24 | semi annually | 2019-12-11 |
2019-06-10 | HK$0.50 | semi annually | 2019-06-25 |
2018-11-23 | HK$0.22 | semi annually | 2018-12-12 |
2018-07-05 | HK$0.43 | semi annually | 2018-07-25 |
2017-11-23 | HK$0.22 | semi annually | 2017-12-13 |
2017-06-15 | HK$0.39 | semi annually | 2017-07-05 |
2016-11-24 | HK$0.21 | semi annually | |
2016-07-07 | HK$0.37 | semi annually | |
2015-10-29 | HK$0.21 | semi annually | |
2015-06-04 | HK$0.36 | semi annually | |
2014-10-30 | HK$0.21 | semi annually | |
2014-06-19 | HK$0.36 | semi annually | |
2013-09-27 | HK$0.21 | semi annually | |
2013-07-04 | HK$0.36 | semi annually |
Kowloon Development Dividend per year
Kowloon Development Dividend growth
Kowloon Development Dividend Yield
Kowloon Development current trailing twelve-month (TTM) dividend yield is 6.57%. Interested in purchasing Kowloon Development stock? Use our calculator to estimate your expected dividend yield:
Kowloon Development Financial Ratios
Kowloon Development Dividend FAQ
Other factors to consider when evaluating Kowloon Development 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: Kowloon Development'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, Kowloon Development 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, Kowloon Development 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 Kowloon Development 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: Kowloon Development 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, Kowloon Development distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kowloon Development 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 Kowloon Development'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 Kowloon Development'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.