Min Xin Holdings Limited, an investment holding company, primarily engages in the financial services, general insurance, property investment, and strategic investment business in Hong Kong, Mainland China, and Macau. It is also involved in the banking business, as well as provides micro credit and entrusted loans; and leasing of office space. The company was incorporated in 1980 and is based in Central, Hong Kong. Min Xin Holdings Limited is a subsidiary of Fujian Investment & Development Group Co.,Ltd.
Min Xin Dividend Announcement
• Min Xin announced a annually dividend of HK$0.09 per ordinary share which will be made payable on 2024-07-12. Ex dividend date: 2024-06-21
• Min Xin annual dividend for 2024 was HK$0.09
• Min Xin annual dividend for 2023 was HK$0.12
• Min Xin's trailing twelve-month (TTM) dividend yield is 4.52%
• Min Xin's payout ratio for the trailing twelve months (TTM) is -167.37%
• Min Xin's dividend growth over the last five years (2018-2023) was 8.45% year
• Min Xin's dividend growth over the last ten years (2013-2023) was 11.61% year
Min Xin Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-21 | HK$0.09 | annually | 2024-07-12 |
2023-06-26 | HK$0.12 | annually | 2023-07-14 |
2022-06-30 | HK$0.12 | annually | 2022-07-15 |
2021-06-11 | HK$0.10 | annually | 2021-06-25 |
2020-06-05 | HK$0.10 | annually | 2020-06-19 |
2019-06-21 | HK$0.10 | annually | 2019-07-03 |
2018-06-19 | HK$0.08 | annually | 2018-07-03 |
2017-06-26 | HK$0.05 | annually | 2017-07-12 |
2016-06-20 | HK$0.05 | annually | |
2015-06-22 | HK$0.05 | annually | |
2014-06-17 | HK$0.05 | annually | |
2013-06-11 | HK$0.04 | annually |
Min Xin Dividend per year
Min Xin Dividend growth
Min Xin Dividend Yield
Min Xin current trailing twelve-month (TTM) dividend yield is 4.52%. Interested in purchasing Min Xin stock? Use our calculator to estimate your expected dividend yield:
Min Xin Financial Ratios
Min Xin Dividend FAQ
Other factors to consider when evaluating Min Xin 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: Min Xin'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, Min Xin 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, Min Xin 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 Min Xin 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: Min Xin 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, Min Xin distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Min Xin 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 Min Xin'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 Min Xin'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.