Kwoon Chung Bus Holdings Limited, an investment holding company, provides bus and bus-related services in Hong Kong, Macau, and Mainland China. It operates through five segments: Non-Franchised Bus, Limousine, Franchised Bus and Public Light Bus (PLB), Mainland China Business, and Others. The company offers non-franchised public bus services, such as local transport services, including student, employee, resident, tour, and contract hire services; and cross-boundary transport services between Mainland China and Hong Kong. It is also involved in the provision of hotel and tourism, limousine hire, franchised bus and PLB, management, motor vehicles repair and maintenance, and travel agency and tourism services. In addition, the company engages in holding and leasing of properties; and the development and management of a scenic area. As of March 31, 2022, it operated 1,301 non-franchised public buses; and 449 limousines. The company was founded in 1948 and is headquartered in Chai Wan, Hong Kong. Kwoon Chung Bus Holdings Limited is a subsidiary of Basic Faith Company Limited.
Kwoon Chung Bus Dividend Announcement
• Kwoon Chung Bus announced a annually dividend of HK$0.02 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-08-26
• Kwoon Chung Bus annual dividend for 2024 was HK$0.02
• Kwoon Chung Bus's trailing twelve-month (TTM) dividend yield is 1.25%
Kwoon Chung Bus Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-26 | HK$0.02 | annually | 2024-09-06 |
2019-08-22 | HK$0.16 | annually | 2019-09-30 |
2018-12-11 | HK$0.08 | annually | 2018-12-24 |
2018-08-22 | HK$0.12 | annually | 2018-09-06 |
2017-12-14 | HK$0.12 | annually | 2017-12-29 |
2017-08-22 | HK$0.12 | annually | 2017-09-01 |
2016-12-12 | HK$0.12 | annually | |
2016-08-19 | HK$0.12 | annually | |
2015-12-11 | HK$0.18 | annually | |
2015-08-14 | HK$0.12 | annually | |
2015-03-18 | HK$0.80 | annually | |
2014-12-11 | HK$0.02 | annually | |
2014-08-14 | HK$0.10 | annually | |
2013-12-10 | HK$0.02 | annually | |
2013-08-27 | HK$0.02 | annually | |
2011-08-30 | HK$0.02 | annually | |
2010-12-09 | HK$0.05 | annually | |
2010-09-02 | HK$0.06 | annually | |
2010-01-07 | HK$0.04 | annually | |
2009-08-26 | HK$0.03 | annually | |
2008-09-11 | HK$0.03 | annually |
Kwoon Chung Bus Dividend per year
Kwoon Chung Bus Dividend growth
Kwoon Chung Bus Dividend Yield
Kwoon Chung Bus current trailing twelve-month (TTM) dividend yield is 1.25%. Interested in purchasing Kwoon Chung Bus stock? Use our calculator to estimate your expected dividend yield:
Kwoon Chung Bus Financial Ratios
Kwoon Chung Bus Dividend FAQ
Other factors to consider when evaluating Kwoon Chung Bus 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: Kwoon Chung Bus'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, Kwoon Chung Bus 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, Kwoon Chung Bus 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 Kwoon Chung Bus 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: Kwoon Chung Bus 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, Kwoon Chung Bus distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kwoon Chung Bus 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 Kwoon Chung Bus'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 Kwoon Chung Bus'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.