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PropNex Limited provides real estate services in Singapore and internationally. It operates through, Agency Services, Project Marketing Services, Administrative Support Services, and Training Services segments. The Agency Services segment engages in the sale and lease of public and private residential and commercial/industrial properties, including housing and development board flats and executive condominiums, private condominiums, landed properties, retail shops, offices, and factories. The Project Marketing Services is involved in the sale of new private residential development projects for third-party property developers. The Administrative Support Services provides space and other ancillary services. The Training Services segment offers real estate related courses and training programs to salespersons. The company was incorporated in 1996 and is headquartered in Singapore. PropNex Limited is a subsidiary of Uob Kay Hian Pte Ltd.
PropNex Dividend Announcement
• PropNex announced a semi annually dividend of S$0.02 per ordinary share which will be made payable on 2024-09-10. Ex dividend date: 2024-08-27
• PropNex annual dividend for 2024 was S$0.06
• PropNex annual dividend for 2023 was S$0.18
• PropNex's trailing twelve-month (TTM) dividend yield is 7.32%
PropNex Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-27 | S$0.02 | semi annually | 2024-09-10 |
2024-04-30 | S$0.04 | semi annually | 2024-05-10 |
2023-08-23 | S$0.03 | semi annually | 2023-09-04 |
2023-04-28 | S$0.16 | semi annually | 2023-05-12 |
2022-08-22 | S$0.06 | semi annually | 2022-09-02 |
2022-05-09 | S$0.07 | semi annually | 2022-05-20 |
2021-08-20 | S$0.06 | semi annually | 2021-09-03 |
2021-05-07 | S$0.04 | semi annually | 2021-05-20 |
2020-08-21 | S$0.01 | semi annually | 2020-09-03 |
2020-07-01 | S$0.01 | semi annually | 2020-07-13 |
2020-05-08 | S$0.01 | semi annually | |
2019-08-30 | S$0.01 | semi annually | 2019-09-16 |
2019-04-26 | S$0.02 | semi annually | 2019-05-13 |
PropNex Dividend per year
PropNex Dividend growth
PropNex Dividend Yield
PropNex current trailing twelve-month (TTM) dividend yield is 7.32%. Interested in purchasing PropNex stock? Use our calculator to estimate your expected dividend yield:
PropNex Financial Ratios
PropNex Dividend FAQ
Other factors to consider when evaluating PropNex 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: PropNex'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, PropNex 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, PropNex 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 PropNex 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: PropNex 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, PropNex distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: PropNex 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 PropNex'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 PropNex'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.