Miramar Hotel and Investment Company, Limited, an investment holding company, engages in property rental, hotels and serviced apartments, food and beverage, and travel businesses in the People's Republic of China. It leases office and retail premises; and operates hotels and serviced apartments, as well as provides hotel management services. The company also operates restaurants; offers travel agency, property management, and financial services; and sells properties. Miramar Hotel and Investment Company, Limited was founded in 1948 and is based in Tsim Sha Tsui, Hong Kong.
Miramar Hotel and Investment Dividend Announcement
• Miramar Hotel and Investment announced a semi annually dividend of HK$0.23 per ordinary share which will be made payable on 2024-10-14. Ex dividend date: 2024-09-25
• Miramar Hotel and Investment annual dividend for 2024 was HK$0.53
• Miramar Hotel and Investment annual dividend for 2023 was HK$0.52
• Miramar Hotel and Investment's trailing twelve-month (TTM) dividend yield is 8.15%
• Miramar Hotel and Investment's payout ratio for the trailing twelve months (TTM) is 37.04%
• Miramar Hotel and Investment's dividend growth over the last five years (2018-2023) was -2.82% year
• Miramar Hotel and Investment's dividend growth over the last ten years (2013-2023) was 2.16% year
Miramar Hotel and Investment Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-25 | HK$0.23 | semi annually | 2024-10-14 |
2024-06-11 | HK$0.30 | semi annually | 2024-07-11 |
2023-09-25 | HK$0.23 | semi annually | 2023-10-12 |
2023-06-12 | HK$0.29 | semi annually | 2023-07-11 |
2022-09-23 | HK$0.21 | semi annually | 2022-10-12 |
2022-06-09 | HK$0.26 | semi annually | 2022-07-08 |
2021-09-23 | HK$0.20 | semi annually | 2021-10-13 |
2021-06-09 | HK$0.28 | semi annually | 2021-07-08 |
2020-09-23 | HK$0.22 | semi annually | 2020-10-13 |
2020-06-16 | HK$0.34 | semi annually | 2020-07-08 |
2019-09-23 | HK$0.24 | semi annually | 2019-10-11 |
2019-06-06 | HK$0.37 | semi annually | 2019-07-04 |
2018-09-26 | HK$0.24 | semi annually | 2018-10-16 |
2018-06-12 | HK$0.36 | semi annually | 2018-07-09 |
2017-09-27 | HK$0.23 | semi annually | 2017-10-17 |
2017-06-05 | HK$0.34 | semi annually | 2017-06-27 |
2016-09-28 | HK$0.20 | semi annually | |
2016-06-13 | HK$0.34 | semi annually | |
2015-09-25 | HK$0.20 | semi annually | |
2015-06-12 | HK$0.32 | semi annually | |
2014-09-26 | HK$0.17 | semi annually | |
2014-06-16 | HK$0.27 | semi annually | |
2013-09-24 | HK$0.17 | semi annually | |
2013-06-11 | HK$0.25 | semi annually |
Miramar Hotel and Investment Dividend per year
Miramar Hotel and Investment Dividend growth
Miramar Hotel and Investment Dividend Yield
Miramar Hotel and Investment current trailing twelve-month (TTM) dividend yield is 8.15%. Interested in purchasing Miramar Hotel and Investment stock? Use our calculator to estimate your expected dividend yield:
Miramar Hotel and Investment Financial Ratios
Miramar Hotel and Investment Dividend FAQ
Other factors to consider when evaluating Miramar Hotel and Investment 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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Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Miramar Hotel and Investment'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, Miramar Hotel and Investment 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, Miramar Hotel and Investment 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 Miramar Hotel and Investment 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: Miramar Hotel and Investment 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, Miramar Hotel and Investment distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Miramar Hotel and Investment 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 Miramar Hotel and Investment'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 Miramar Hotel and Investment'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.