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 3.58%
• Pacific Millennium Packaging's payout ratio for the trailing twelve months (TTM) is 1268.38%
Pacific Millennium Packaging Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-21 | HK$0.08 | semi annually | 2024-12-16 |
2024-06-27 | HK$0.08 | semi annually | 2024-07-19 |
2023-10-20 | HK$0.08 | semi annually | 2023-12-15 |
2023-06-30 | HK$0.08 | semi annually | 2023-07-21 |
2022-10-21 | HK$0.08 | semi annually | 2022-11-18 |
2022-06-30 | HK$0.08 | semi annually | 2022-07-20 |
2021-10-22 | HK$0.08 | semi annually | 2021-12-14 |
2021-07-12 | HK$0.16 | semi annually | 2021-07-30 |
2020-09-23 | HK$0.15 | semi annually | 2020-12-31 |
2020-06-26 | HK$0.07 | semi annually | 2020-07-16 |
2020-01-08 | HK$0.15 | semi annually | 2020-01-23 |
2019-06-26 | HK$0.10 | semi annually | 2019-07-16 |
2019-04-04 | HK$0.30 | semi annually | 2019-05-21 |
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 3.58%. Interested in purchasing Pacific Millennium Packaging stock? Use our calculator to estimate your expected dividend yield:
Pacific Millennium Packaging Financial Ratios
Pacific Millennium Packaging Dividend FAQ
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.
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.
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.
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.
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.