Poly Property Services Co., Ltd., together with its subsidiaries, provides property management services in the People's Republic of China. The company offers services for residential communities, commercial and office buildings, and public and other properties under the Harmony Courtyard, Oriental Courtesy, Nebula Ecology, and Towns Revitalisation brands. It also provides community and value-added services to non-property owners, such as pre-delivery services to property developers for assisting in property sales and marketing activities at property sales venues and display units, which primarily include visitor reception, cleaning, and security inspection and maintenance, as well as other value-added services to nonproperty owners, such as consultancy, inspection, delivery, and asset operation services. In addition, the company offers fitness, housekeeping, landscaping, and catering management services. As of December 31, 2021, it had a total of 2,428 contracted projects with an aggregate contracted gross floor area of approximately 656.3 million square meters covering 196 cities across 29 provinces, municipalities, and autonomous regions in China. The company was formerly known as Poly Property Development Co., Ltd. and changed its name to Poly Property Services Co., Ltd. in July 2020. The company was incorporated in 1996 and is based in Guangzhou, China. Poly Property Services Co., Ltd. is a subsidiary of Poly Developments and Holdings Group Co., Ltd.
Poly Property Services Dividend Announcement
• Poly Property Services announced a annually dividend of HK$1.10 per ordinary share which will be made payable on 2024-07-12. Ex dividend date: 2024-05-31
• Poly Property Services annual dividend for 2024 was HK$1.10
• Poly Property Services annual dividend for 2023 was HK$0.57
• Poly Property Services's trailing twelve-month (TTM) dividend yield is 3.36%
• Poly Property Services's payout ratio for the trailing twelve months (TTM) is 20.17%
Poly Property Services Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-31 | HK$1.10 | annually | 2024-07-12 |
2023-06-08 | HK$0.57 | annually | 2023-07-13 |
2022-07-04 | HK$0.36 | annually | 2022-08-05 |
2021-06-01 | HK$0.52 | annually | 2021-07-23 |
2020-06-26 | HK$0.33 | annually | 2020-08-25 |
Poly Property Services Dividend per year
Poly Property Services Dividend growth
Poly Property Services Dividend Yield
Poly Property Services current trailing twelve-month (TTM) dividend yield is 3.36%. Interested in purchasing Poly Property Services stock? Use our calculator to estimate your expected dividend yield:
Poly Property Services Financial Ratios
Poly Property Services Dividend FAQ
Other factors to consider when evaluating Poly Property Services 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: Poly Property Services'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, Poly Property Services 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, Poly Property Services 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 Poly Property Services 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: Poly Property Services 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, Poly Property Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Poly Property Services 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 Poly Property Services'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 Poly Property Services'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.