Ming Fai International Holdings Limited, an investment holding company, manufactures and trades in hospitality supplies, and trades in operating supplies and equipment in Hong Kong, North America, Europe, the People's Republic of China, Australia, other Asia Pacific regions, and internationally. It provides bath mats, acrylic hotel supplies, leather and resin collections, portable cables, umbrellas, compact mirrors, and other guest room collections; and safe deposit boxes, digital bathroom scales, flashlights, mini refrigerators, electric kettles, telephones, hairdryers/irons, digital clocks, and other electronic supplies. The company also offers lobby supplies comprising message boards and signs, luggage and housekeeping carts, hotel railing stands, ashtrays, outdoor trushbins, podiums, umbrella and luggage stands, garment and hat stands, beverage carts, signage and equipment, and others; and janitorial supplies, such as cleaning equipment and tools, trash bins, cleaning detergents, and others. In addition, it provides glassware products; kitchenware products, including Western kitchen and tableware, knife and forks, buffet collections, and kitchen appliances; melamine tableware; child care cribs; dispenser and bath products; and towels, beddings, table linens, shoes, bathrobes, accessories, and mattresses. Further, the company offers ceramic collections, plates, bowls, ceramic soup tureen, coffee and tea porcelain, color glazed porcelain, Japan and Korea porcelain, sand and stone pots, coarse pottery, and other ceramic and porcelain products. The company was founded in 1980 and is headquartered in Tsuen Wan, Hong Kong.
Ming Fai International Dividend Announcement
• Ming Fai International announced a semi annually dividend of HK$0.03 per ordinary share which will be made payable on 2024-10-03. Ex dividend date: 2024-09-16
• Ming Fai International annual dividend for 2024 was HK$0.08
• Ming Fai International annual dividend for 2023 was HK$0.05
• Ming Fai International's trailing twelve-month (TTM) dividend yield is 10.13%
• Ming Fai International's payout ratio for the trailing twelve months (TTM) is 33.34%
• Ming Fai International's dividend growth over the last five years (2018-2023) was -6.51% year
• Ming Fai International's dividend growth over the last ten years (2013-2023) was 2.26% year
Ming Fai International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-16 | HK$0.03 | semi annually | 2024-10-03 |
2024-05-24 | HK$0.05 | semi annually | 2024-06-07 |
2023-09-14 | HK$0.02 | semi annually | 2023-09-28 |
2023-05-29 | HK$0.03 | semi annually | 2023-06-09 |
2022-09-15 | HK$0.01 | semi annually | 2022-10-03 |
2021-05-28 | HK$0.01 | semi annually | 2021-06-11 |
2020-09-17 | HK$0.01 | semi annually | 2020-10-05 |
2020-05-29 | HK$0.03 | semi annually | 2020-06-12 |
2019-09-19 | HK$0.01 | semi annually | 2019-10-04 |
2019-05-31 | HK$0.05 | semi annually | 2019-06-17 |
2018-09-19 | HK$0.02 | semi annually | 2018-10-05 |
2018-06-01 | HK$0.05 | semi annually | 2018-06-19 |
2017-09-20 | HK$0.02 | semi annually | 2017-10-06 |
2017-05-29 | HK$0.04 | semi annually | 2017-06-14 |
2017-01-03 | HK$0.20 | semi annually | 2017-01-20 |
2016-09-21 | HK$0.02 | semi annually | 2016-10-07 |
2016-05-30 | HK$0.03 | semi annually | 2016-06-14 |
2015-09-22 | HK$0.02 | semi annually | 2015-10-09 |
2015-05-26 | HK$0.03 | semi annually | 2015-06-12 |
2014-09-22 | HK$0.01 | semi annually | 2014-10-10 |
2014-05-26 | HK$0.02 | semi annually | 2014-06-13 |
2013-09-18 | HK$0.01 | semi annually | 2013-10-10 |
2013-05-27 | HK$0.03 | semi annually | 2013-06-14 |
Ming Fai International Dividend per year
Ming Fai International Dividend growth
Ming Fai International Dividend Yield
Ming Fai International current trailing twelve-month (TTM) dividend yield is 10.13%. Interested in purchasing Ming Fai International stock? Use our calculator to estimate your expected dividend yield:
Ming Fai International Financial Ratios
Ming Fai International Dividend FAQ
Other factors to consider when evaluating Ming Fai International 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: Ming Fai International'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, Ming Fai International 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, Ming Fai International 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 Ming Fai International 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: Ming Fai International 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, Ming Fai International distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ming Fai International 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 Ming Fai International'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 Ming Fai International'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.