New World Development Company Limited, an investment holding company, engages in the property development and investment business in Hong Kong and internationally. Its property portfolio comprises residential, retail, office, and industrial properties. The company also provides commercial aircraft leasing services; operates expressways; and constructs residential and commercial projects, as well as provides protection and savings-related life and medical insurance products. In addition, it is involved in the duty-free operation and general trading, civil engineering, loyalty program, marketing, promotion, fashion retailing and trading, and piling and ground investigation businesses; development and operation of sports park; operation of household goods shop and convenience store; sale of LED lighting products and systems; and trading of telecommunication system integration products. Further, the company manages Hong Kong Convention and Exhibition Centre; operates hotels, golf and tennis academies, and shopping malls; operates department stores; and provides information technology, healthcare, training course, ticketing, financial, project management, management, advertising and media related, business and investment consultancy, franchised and non-franchised bus, estate agency, wellness and rehabilitation, endoscopic, carpark management, supply chain management, and catering services, as well as property agency, management, and consultancy services. Additionally, the company undertakes façade and foundation works; and offers elderly residential and nursing care services. As of June 30, 2021, the company had a total of 18 hotel properties with approximately 7,503 rooms in Hong Kong, Mainland China, and the Southeast Asia. New World Development Company Limited was founded in 1970 and is headquartered in Central, Hong Kong.
New World Development Dividend Announcement
• New World Development announced a semi annually dividend of $0.01 per ordinary share which will be made payable on 2024-04-25. Ex dividend date: 2024-03-20
• New World Development annual dividend for 2024 was $0.01
• New World Development annual dividend for 2023 was $0.05
• New World Development's trailing twelve-month (TTM) dividend yield is 6.53%
• New World Development's payout ratio for the trailing twelve months (TTM) is -7.06%
• New World Development's dividend growth over the last five years (2018-2023) was 5.92% year
• New World Development's dividend growth over the last ten years (2013-2023) was -7.79% year
New World Development Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-03-20 | $0.01 | semi annually | 2024-04-25 |
| 2023-11-22 | $0.02 | semi annually | 2023-12-27 |
| 2023-03-15 | $0.03 | semi annually | 2023-04-20 |
| 2022-11-23 | $0.10 | semi annually | 2022-12-28 |
| 2022-03-16 | $0.04 | semi annually | 2022-04-19 |
| 2021-11-23 | $0.10 | semi annually | 2021-12-28 |
| 2021-03-16 | $0.04 | semi annually | 2021-04-22 |
| 2020-11-27 | $0.10 | semi annually | 2020-12-28 |
| 2020-03-17 | $0.04 | semi annually | 2020-04-23 |
| 2019-11-22 | $0.10 | semi annually | 2019-12-26 |
| 2019-03-15 | $0.04 | semi annually | 2018-12-28 |
| 2018-03-16 | $0.04 | semi annually | 2018-06-07 |
| 2017-11-21 | $0.08 | semi annually | 2018-01-05 |
| 2017-03-08 | $0.03 | semi annually | 2017-05-26 |
| 2016-12-07 | $0.08 | semi annually | 2017-01-06 |
| 2016-03-09 | $0.03 | semi annually | |
| 2015-11-18 | $0.08 | semi annually | 2016-01-06 |
| 2015-03-16 | $0.03 | semi annually | 2015-06-05 |
| 2014-11-19 | $0.08 | semi annually | 2015-01-08 |
| 2014-04-16 | $0.14 | semi annually | |
| 2014-03-12 | $0.03 | semi annually | 2014-06-02 |
| 2013-11-19 | $0.08 | semi annually | 2014-01-13 |
| 2013-03-13 | $0.03 | semi annually | 2013-05-31 |
New World Development Dividend per year
New World Development Dividend growth
New World Development Dividend Yield
New World Development current trailing twelve-month (TTM) dividend yield is 6.53%. Interested in purchasing New World Development stock? Use our calculator to estimate your expected dividend yield:
New World Development Financial Ratios
P/E ratio-0.54
PEG ratio-0.00
P/B ratio0.04
ROE-8.56%
Payout ratio-7.06%
Current ratio1.26
Quick ratio0.49
Cash Ratio0.29
New World Development Dividend FAQ
How much is the next New World Development dividend?
New World Development's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next New World Development dividend. The next New World Development dividend will be released in March, or November.
When is New World Development dividend paid?
New World Development pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does New World Development pay?
The specific amount of New World Development dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find New World Development's dividend history.
Does New World Development stock pay dividends?
Yes, New World Development does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find New World Development's dividend history.
How much dividend does New World Development pay?
New World Development paid $0.013 in 2024, $0.048 in 2023, $0.132 in 2022, $0.132 in 2021, and $0.131 in 2020.
How often does New World Development pay dividends?
New World Development typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around March, and November.
What is New World Development's dividend yield?
The current dividend yield for New World Development is 6.53%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate New World Development's exact dividend yield.
When does New World Development go ex dividend?
New World Development's ex-dividend date for the latest dividend was on 2024-03-20. New World Development typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next New World Development dividend paid?
New World Development pays dividends on a semi annually basis, typically around March, or November, but the exact dates can vary each year.
Will New World Development increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether New World Development will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is New World Development dividend per share?
New World Development paid $0.013 per share in 2024 and $0.048 per share in 2023. The amount of dividend per share that New World Development pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is New World Development a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is New World Development a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is New World Development a dividend stock?
Yes, New World Development is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is New World Development a good dividend stock?
Whether New World Development is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. New World Development has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating New World Development 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.
Other factors to consider when evaluating New World Development 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.
Does New World Development pay dividends monthly?
New World Development typically pays dividends on a semi annually basis.
Does New World Development pay dividends quarterly?
New World Development currently pays dividends on a semi annually basis.
Has New World Development ever paid a dividend?
Yes, New World Development has a history of paying dividends to its shareholders. New World Development is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy New World Development dividend stocks?
To buy New World Development you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy New World Development stock.
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.
Place an order: Use the brokerage's trading platform to place an order to buy New World Development stock.
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.
When does New World Development pay dividends 2024?
New World Development pays dividends on a semi annually basis. 2024 dividend payments are in 2024-04-25. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will New World Development increase its dividend in 2024?
Decisions regarding New World Development dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date New World Development dividend overview you can look into the above table of dividend history.
How New World Development dividend works?
The New World Development dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how New World Development's dividend process works:
1. Determination of Dividend: New World Development'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, New World Development 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, New World Development 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 New World Development 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. Determination of Dividend: New World Development'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, New World Development 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, New World Development 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 New World Development 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.
How are New World Development dividends paid?
New World Development dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: New World Development 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, New World Development distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: New World Development 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.
1. Record Date: New World Development 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, New World Development distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: New World Development 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.
How many times does New World Development pay dividends?
New World Development typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does New World Development pay dividends?
The general pattern is that New World Development pays dividends around March, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is New World Development dividend safe?
The safety of New World Development's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of New World Development'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 New World Development'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.
To assess the safety of New World Development'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 New World Development'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.