MTR Corporation Limited designs, constructs, operates, maintains, and invests in railways in Hong Kong, Australia, Mainland China, Macao, Sweden, and the United Kingdom. It operates through Hong Kong Transport Operations; Hong Kong Station Commercial Businesses; Hong Kong Property Rental and Management Businesses; Hong Kong Property Development; Mainland China and International Railway, Property Rental and Management Businesses; Mainland China Property Development; and Other Businesses segments. The company offers domestic and cross-boundary railway services, airport express, and a light rail and bus feeder system. It operates 266.3 kilometers of rail network; and 98 stations. The company also provides intercity railway services; leases advertising, office, retail, and car parking spaces at railway stations; offers telecommunication and bandwidth services in railway premises; provides estate management services; and invests in, develops, manages, and leases properties, including shopping malls and offices. In addition, it is involved in the construction, operation, and maintenance of mass transit railway systems. Further, it operates Octopus, a contactless smartcard common payment system; and provides railway consultancy and project management services, as well as offers railway management, engineering, and technology training services. Additionally, the company administers the operation of MTR academy; and provides station management, financing, technical support, and mobile and fixed telecommunication network and related services. It also operates cable car system and a theme village. MTR Corporation Limited was founded in 1975 and is headquartered in Kowloon Bay, Hong Kong.
MTR Dividend Announcement
• MTR announced a semi annually dividend of $0.16 per ordinary share which will be made payable on 2024-10-01. Ex dividend date: 2024-08-28
• MTR annual dividend for 2024 was $0.50
• MTR annual dividend for 2023 was $0.50
• MTR's trailing twelve-month (TTM) dividend yield is 0.66%
• MTR's payout ratio for the trailing twelve months (TTM) is 78.70%
• MTR's dividend growth over the last five years (2018-2023) was 3.23% year
• MTR's dividend growth over the last ten years (2013-2023) was -6.46% year
MTR Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-28 | $0.16 | semi annually | 2024-10-01 |
2024-05-23 | $0.34 | semi annually | 2024-07-31 |
2023-08-22 | $0.16 | semi annually | 2023-10-27 |
2023-05-25 | $0.34 | semi annually | 2023-08-02 |
2022-08-23 | $0.16 | semi annually | 2022-10-28 |
2022-05-26 | $0.39 | semi annually | 2022-08-02 |
2021-08-24 | $0.10 | semi annually | 2021-11-02 |
2021-05-27 | $0.38 | semi annually | 2021-08-03 |
2020-08-18 | $0.10 | semi annually | 2020-10-23 |
2020-05-21 | $0.38 | semi annually | 2020-07-31 |
2019-08-20 | $0.10 | semi annually | 2019-10-24 |
2019-05-23 | $0.36 | semi annually | 2019-07-31 |
2018-08-21 | $0.10 | semi annually | 2018-10-26 |
2018-05-17 | $0.33 | semi annually | 2018-07-26 |
2017-08-21 | $0.10 | semi annually | 2017-10-23 |
2017-05-17 | $1.16 | semi annually | 2017-07-24 |
2016-08-18 | $0.32 | semi annually | |
2016-05-26 | $2.84 | semi annually | |
2016-05-18 | $1.04 | semi annually | |
2015-08-24 | $0.32 | semi annually | |
2015-05-20 | $1.03 | semi annually | |
2014-09-03 | $0.60 | semi annually | |
2014-05-08 | $0.84 | semi annually | |
2013-09-05 | $0.30 | semi annually | |
2013-05-09 | $0.68 | semi annually |
MTR Dividend per year
MTR Dividend growth
MTR Dividend Yield
MTR current trailing twelve-month (TTM) dividend yield is 0.66%. Interested in purchasing MTR stock? Use our calculator to estimate your expected dividend yield:
MTR Financial Ratios
MTR Dividend FAQ
Other factors to consider when evaluating MTR 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: MTR'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, MTR 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, MTR 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 MTR 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: MTR 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, MTR distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: MTR 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 MTR'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 MTR'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.