Powerlong Commercial Management Holdings Limited, together with its subsidiaries, engages in commercial operational and residential property management businesses in the People's Republic of China. It offers commercial operational services, including business tenant management; rent collection; and other value-added services, such as car parking, common area, and advertising space management services, as well as market research and positioning, business tenant sourcing, and opening preparation services for property developers, tenants, and owners of shopping malls and retail commercial properties under the Powerlong One Mall, Powerlong City, Powerlong Plaza, and Powerlong Land brand names. The company also provides commercial property management services, such as security, gardening, cleaning, repair, and maintenance services for tenants. In addition, it offers residential property management services for residential properties, serviced apartments, and office buildings, including pre-sale management services and other value-added services to property developers, property owners, and residents. Further, the company provides management consulting, technology development, property management, and commercial operational services to independent. As of December 31, 2021, it had 88 retail commercial properties with approximately 9.9 million square meters approximately. The company was founded in 1993 and is headquartered in Shanghai, the People's Republic of China. Powerlong Commercial Management Holdings Limited is a subsidiary of Powerlong Real Estate (BVI) Holdings Limited.
Powerlong Commercial Management Dividend Announcement
• Powerlong Commercial Management announced a semi annually dividend of HK$0.15 per ordinary share which will be made payable on 2023-12-20. Ex dividend date: 2023-11-24
• Powerlong Commercial Management annual dividend for 2023 was HK$0.30
• Powerlong Commercial Management's trailing twelve-month (TTM) dividend yield is 6.32%
• Powerlong Commercial Management's payout ratio for the trailing twelve months (TTM) is 44.28%
Powerlong Commercial Management Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-11-24 | HK$0.15 | semi annually | 2023-12-20 |
2023-06-20 | HK$0.15 | semi annually | 2023-10-25 |
2022-11-25 | HK$0.15 | semi annually | 2022-12-20 |
2022-06-21 | HK$0.30 | semi annually | 2022-10-13 |
2021-11-22 | HK$0.15 | semi annually | 2021-12-15 |
2021-06-16 | HK$0.18 | semi annually | 2021-08-11 |
2020-11-18 | HK$0.10 | semi annually | 2020-12-04 |
2020-06-16 | HK$0.20 | semi annually | 2020-07-08 |
Powerlong Commercial Management Dividend per year
Powerlong Commercial Management Dividend growth
Powerlong Commercial Management Dividend Yield
Powerlong Commercial Management current trailing twelve-month (TTM) dividend yield is 6.32%. Interested in purchasing Powerlong Commercial Management stock? Use our calculator to estimate your expected dividend yield:
Powerlong Commercial Management Financial Ratios
Powerlong Commercial Management Dividend FAQ
Other factors to consider when evaluating Powerlong Commercial Management 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: Powerlong Commercial Management'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, Powerlong Commercial Management 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, Powerlong Commercial Management 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 Powerlong Commercial Management 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: Powerlong Commercial Management 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, Powerlong Commercial Management distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Powerlong Commercial Management 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 Powerlong Commercial Management'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 Powerlong Commercial Management'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.