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Pacific Millennium Packaging Group Corporation, an investment holding company, manufactures and sells packaging materials in the People's Republic of China. It offers corrugated packaging products, such as single wall, double wall, and triple wall sheet boards and boxes; and corrugated boxes, display boxes, paper pallets, display stands, heavy duty packaging, and specialized packaging products, as well as corrugated sheet boards. The company also provides integrated packaging services. It serves customers in food and beverages, non-food and beverage consumables, home appliances and electronics, durable goods and garments, industry and machinery, e-commerce, and express delivery industries. The company was founded in 1994 and is headquartered in Shanghai, the People's Republic of China. Pacific Millennium Packaging Group Corporation is a subsidiary of Pacific Millennium Holdings Corporation.

Pacific Millennium Packaging Dividend Announcement

Pacific Millennium Packaging announced a semi annually dividend of HK$0.08 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-10-21
Pacific Millennium Packaging annual dividend for 2024 was HK$0.16
Pacific Millennium Packaging annual dividend for 2023 was HK$0.16
Pacific Millennium Packaging's trailing twelve-month (TTM) dividend yield is 2.4%
Pacific Millennium Packaging's payout ratio for the trailing twelve months (TTM) is 1268.38%

Pacific Millennium Packaging Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-21HK$0.08semi annually2024-12-16
2024-06-27HK$0.08semi annually2024-07-19
2023-10-20HK$0.08semi annually2023-12-15
2023-06-30HK$0.08semi annually2023-07-21
2022-10-21HK$0.08semi annually2022-11-18
2022-06-30HK$0.08semi annually2022-07-20
2021-10-22HK$0.08semi annually2021-12-14
2021-07-12HK$0.16semi annually2021-07-30
2020-09-23HK$0.15semi annually2020-12-31
2020-06-26HK$0.07semi annually2020-07-16
2020-01-08HK$0.15semi annually2020-01-23
2019-06-26HK$0.10semi annually2019-07-16
2019-04-04HK$0.30semi annually2019-05-21

Pacific Millennium Packaging Dividend per year

Pacific Millennium Packaging Dividend growth

Pacific Millennium Packaging Dividend Yield

Pacific Millennium Packaging current trailing twelve-month (TTM) dividend yield is 2.4%. Interested in purchasing Pacific Millennium Packaging stock? Use our calculator to estimate your expected dividend yield:

Pacific Millennium Packaging Financial Ratios

P/E ratio511.00
PEG ratio32.92
P/B ratio3.16
ROE0.60%
Payout ratio1268.38%
Current ratio1.11
Quick ratio0.92
Cash Ratio0.07

Pacific Millennium Packaging Dividend FAQ

How much is the next Pacific Millennium Packaging dividend?
Pacific Millennium Packaging's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Pacific Millennium Packaging dividend. The next Pacific Millennium Packaging dividend will be released in June, or October.
When is Pacific Millennium Packaging dividend paid?
Pacific Millennium Packaging pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June, and October. 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 Pacific Millennium Packaging pay?
The specific amount of Pacific Millennium Packaging 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 Pacific Millennium Packaging's dividend history.
Does Pacific Millennium Packaging stock pay dividends?
Yes, Pacific Millennium Packaging 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 Pacific Millennium Packaging's dividend history.
How much dividend does Pacific Millennium Packaging pay?
Pacific Millennium Packaging paid HK$0.16 in 2024, HK$0.16 in 2023, HK$0.16 in 2022, HK$0.24 in 2021, and HK$0.375 in 2020.
How often does Pacific Millennium Packaging pay dividends?
Pacific Millennium Packaging 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 June, and October.
What is Pacific Millennium Packaging's dividend yield?
The current dividend yield for Pacific Millennium Packaging is 2.4%. 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 Pacific Millennium Packaging's exact dividend yield.
When does Pacific Millennium Packaging go ex dividend?
Pacific Millennium Packaging's ex-dividend date for the latest dividend was on 2024-10-21. Pacific Millennium Packaging 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 Pacific Millennium Packaging dividend paid?
Pacific Millennium Packaging pays dividends on a semi annually basis, typically around June, or October, but the exact dates can vary each year.
Will Pacific Millennium Packaging 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 Pacific Millennium Packaging 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 Pacific Millennium Packaging dividend per share?
Pacific Millennium Packaging paid HK$0.16 per share in 2024 and HK$0.16 per share in 2023. The amount of dividend per share that Pacific Millennium Packaging 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 Pacific Millennium Packaging 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 Pacific Millennium Packaging 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 Pacific Millennium Packaging a dividend stock?
Yes, Pacific Millennium Packaging is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Pacific Millennium Packaging a good dividend stock?
Whether Pacific Millennium Packaging is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Pacific Millennium Packaging has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Pacific Millennium Packaging 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 Pacific Millennium Packaging pay dividends monthly?
Pacific Millennium Packaging typically pays dividends on a semi annually basis.
Does Pacific Millennium Packaging pay dividends quarterly?
Pacific Millennium Packaging currently pays dividends on a semi annually basis.
Has Pacific Millennium Packaging ever paid a dividend?
Yes, Pacific Millennium Packaging has a history of paying dividends to its shareholders. Pacific Millennium Packaging is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Pacific Millennium Packaging dividend stocks?
To buy Pacific Millennium Packaging 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 Pacific Millennium Packaging 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 Pacific Millennium Packaging pay dividends 2024?
Pacific Millennium Packaging pays dividends on a semi annually basis. 2024 dividend payments are in 2024-12-16. 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 Pacific Millennium Packaging increase its dividend in 2024?
Decisions regarding Pacific Millennium Packaging 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 Pacific Millennium Packaging dividend overview you can look into the above table of dividend history.
How Pacific Millennium Packaging dividend works?
The Pacific Millennium Packaging 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 Pacific Millennium Packaging's dividend process works:

1. Determination of Dividend: Pacific Millennium Packaging'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, Pacific Millennium Packaging 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, Pacific Millennium Packaging 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 Pacific Millennium Packaging 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 Pacific Millennium Packaging dividends paid?
Pacific Millennium Packaging dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Pacific Millennium Packaging 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, Pacific Millennium Packaging distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Pacific Millennium Packaging 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 Pacific Millennium Packaging pay dividends?
Pacific Millennium Packaging 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 Pacific Millennium Packaging pay dividends?
The general pattern is that Pacific Millennium Packaging pays dividends around June, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Pacific Millennium Packaging dividend safe?
The safety of Pacific Millennium Packaging'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 Pacific Millennium Packaging'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 Pacific Millennium Packaging'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.