Parkson Retail Group Limited operates and manages a network of department stores, shopping malls, city outlets, supermarkets, and food and beverage outlets. The company offers various brands of fashion and lifestyle related merchandise focusing on four categories, which include fashion and apparel, cosmetics and accessories, household and electrical, and groceries and perishables targeting the young and contemporary market. As of December 31, 2021, it operated 43 Parkson stores, 2 Parkson Newcore city malls, and 1 Lion mall in 30 cities in the People's Republic of China. The company also provides consultancy and management, property management, and food and beverage management services, as well as consumer financing and trading services. In addition, it operates as a licensor for the Franco brand. The company was founded in 1994 and is headquartered in Shanghai, the People's Republic of China. Parkson Retail Group Limited is a subsidiary of PRG Corporation Limited.
Parkson Retail Dividend Announcement
• Parkson Retail announced a annually dividend of HK$0.02 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-09
• Parkson Retail annual dividend for 2024 was HK$0.02
• Parkson Retail annual dividend for 2023 was HK$0.01
• Parkson Retail's trailing twelve-month (TTM) dividend yield is 17.5%
• Parkson Retail's payout ratio for the trailing twelve months (TTM) is -171.95%
Parkson Retail Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-09 | HK$0.02 | annually | 2024-09-27 |
2023-09-01 | HK$0.01 | annually | 2023-09-20 |
2018-12-03 | HK$0.03 | annually | 2018-12-20 |
2017-03-03 | HK$0.02 | annually | 2017-03-31 |
2016-05-25 | HK$0.01 | annually | 2016-06-30 |
2015-09-24 | HK$0.04 | annually | 2015-12-31 |
2015-05-27 | HK$0.01 | annually | 2015-06-30 |
2014-09-25 | HK$0.04 | annually | 2014-12-31 |
2014-05-20 | HK$0.01 | annually | 2014-06-30 |
2013-09-25 | HK$0.05 | annually | 2013-12-31 |
2013-05-21 | HK$0.07 | annually | 2013-06-28 |
2012-09-25 | HK$0.07 | annually | 2012-12-31 |
2012-05-22 | HK$0.11 | annually | 2012-06-29 |
2011-09-22 | HK$0.07 | annually | 2011-12-31 |
2011-05-12 | HK$0.10 | annually | 2011-06-30 |
2010-10-21 | HK$0.06 | annually | 2010-11-30 |
2010-05-10 | HK$0.10 | annually | 2010-06-30 |
2009-10-22 | HK$0.05 | annually | 2009-11-30 |
2009-05-15 | HK$0.09 | annually | 2009-06-30 |
Parkson Retail Dividend per year
Parkson Retail Dividend growth
Parkson Retail Dividend Yield
Parkson Retail current trailing twelve-month (TTM) dividend yield is 17.5%. Interested in purchasing Parkson Retail stock? Use our calculator to estimate your expected dividend yield:
Parkson Retail Financial Ratios
Parkson Retail Dividend FAQ
Other factors to consider when evaluating Parkson Retail 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: Parkson Retail'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, Parkson Retail 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, Parkson Retail 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 Parkson Retail 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: Parkson Retail 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, Parkson Retail distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Parkson Retail 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 Parkson Retail'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 Parkson Retail'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.