Pacific Textiles Holdings Limited manufactures and trades in textile products. It is involved in the knitting, dyeing, printing, and finishing of fabrics. The company's fabrics are used in a range of garments, including men's, women's, and children's clothing, as well as sportswear, swimwear, and inner-wear. It is also involved in the information technology services. The company operates in Hong Kong, the People's Republic of China, Vietnam, Bangladesh, the United States, Jordan, Indonesia, Cambodia, Sri Lanka, India, Haiti, rest of Asia, Africa, and internationally. Pacific Textiles Holdings Limited was founded in 1997 and is headquartered in Kwai Chung, Hong Kong.
Pacific Textiles Dividend Announcement
• Pacific Textiles announced a semi annually dividend of HK$0.05 per ordinary share which will be made payable on 2024-09-05. Ex dividend date: 2024-08-20
• Pacific Textiles annual dividend for 2024 was HK$0.05
• Pacific Textiles annual dividend for 2023 was HK$0.11
• Pacific Textiles's trailing twelve-month (TTM) dividend yield is 7.59%
• Pacific Textiles's payout ratio for the trailing twelve months (TTM) is 92.17%
• Pacific Textiles's dividend growth over the last five years (2018-2023) was -26.27% year
• Pacific Textiles's dividend growth over the last ten years (2013-2023) was -18.00% year
Pacific Textiles Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-20 | HK$0.05 | semi annually | 2024-09-05 |
2023-12-06 | HK$0.07 | semi annually | 2023-12-20 |
2023-08-15 | HK$0.04 | semi annually | 2023-08-31 |
2022-12-07 | HK$0.15 | semi annually | 2022-12-21 |
2022-08-16 | HK$0.14 | semi annually | 2022-09-01 |
2021-12-08 | HK$0.21 | semi annually | 2021-12-22 |
2021-08-17 | HK$0.22 | semi annually | 2021-09-02 |
2020-12-02 | HK$0.22 | semi annually | 2020-12-16 |
2020-08-11 | HK$0.18 | semi annually | 2020-08-27 |
2019-12-04 | HK$0.26 | semi annually | 2019-12-18 |
2019-08-13 | HK$0.25 | semi annually | 2019-08-29 |
2018-12-10 | HK$0.32 | semi annually | 2018-12-21 |
2018-08-14 | HK$0.18 | semi annually | 2018-08-30 |
2017-12-14 | HK$0.27 | semi annually | 2018-01-08 |
2017-08-15 | HK$0.30 | semi annually | 2017-08-31 |
2016-12-15 | HK$0.30 | semi annually | 2017-01-09 |
2016-08-08 | HK$0.40 | semi annually | 2016-08-30 |
2015-12-17 | HK$0.40 | semi annually | 2016-01-11 |
2015-08-18 | HK$0.40 | semi annually | 2015-09-02 |
2014-12-08 | HK$0.40 | semi annually | 2014-12-30 |
2014-08-12 | HK$0.25 | semi annually | 2014-08-28 |
2013-12-09 | HK$0.40 | semi annually | 2013-12-30 |
2013-08-13 | HK$0.40 | semi annually | 2013-08-29 |
Pacific Textiles Dividend per year
Pacific Textiles Dividend growth
Pacific Textiles Dividend Yield
Pacific Textiles current trailing twelve-month (TTM) dividend yield is 7.59%. Interested in purchasing Pacific Textiles stock? Use our calculator to estimate your expected dividend yield:
Pacific Textiles Financial Ratios
Pacific Textiles Dividend FAQ
Other factors to consider when evaluating Pacific Textiles 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: Pacific Textiles'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 Textiles 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 Textiles 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 Textiles 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 Textiles 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 Textiles 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 Textiles 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 Textiles'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 Textiles'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.