Sinopec Kantons Holdings Limited, an investment holding company, provides crude oil jetty services. It operates through two segments, Crude Oil Jetty and Storage Services; and Vessel Chartering and Logistics Services. The company offers crude oil transportation, unloading, storage, and other jetty services for oil tankers in the People's Republic of China (PRC), Europe, and the Middle East; and vessel chartering services for liquefied natural gas transportation in the PRC, Australia, and the Papua New Guinea. It also engages in the trading of crude oil; and provision of oil supporting and ancillary services. The company was founded in 1998 and is based in Causeway Bay, Hong Kong. Sinopec Kantons Holdings Limited is a subsidiary of Sinopec Kantons International Limited.
Sinopec Kantons Dividend Announcement
• Sinopec Kantons announced a semi annually dividend of HK$0.10 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-04
• Sinopec Kantons annual dividend for 2024 was HK$0.25
• Sinopec Kantons annual dividend for 2023 was HK$0.22
• Sinopec Kantons's trailing twelve-month (TTM) dividend yield is 8.1%
• Sinopec Kantons's payout ratio for the trailing twelve months (TTM) is 74.20%
• Sinopec Kantons's dividend growth over the last five years (2018-2023) was 12.89% year
• Sinopec Kantons's dividend growth over the last ten years (2013-2023) was 20.18% year
Sinopec Kantons Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-04 | HK$0.10 | semi annually | 2024-09-27 |
2024-06-12 | HK$0.15 | semi annually | 2024-06-28 |
2023-09-14 | HK$0.10 | semi annually | 2023-10-18 |
2023-07-06 | HK$0.12 | semi annually | 2023-07-25 |
2022-09-15 | HK$0.08 | semi annually | 2022-10-19 |
2022-07-07 | HK$0.12 | semi annually | 2022-07-26 |
2021-09-16 | HK$0.08 | semi annually | 2021-10-20 |
2021-06-30 | HK$0.12 | semi annually | 2021-07-20 |
2020-09-17 | HK$0.08 | semi annually | 2020-10-20 |
2020-07-02 | HK$0.12 | semi annually | 2020-07-20 |
2019-09-12 | HK$0.08 | semi annually | 2019-10-18 |
2019-07-04 | HK$0.10 | semi annually | 2019-07-22 |
2018-09-13 | HK$0.05 | semi annually | 2018-10-18 |
2018-07-05 | HK$0.07 | semi annually | 2018-07-23 |
2017-09-07 | HK$0.05 | semi annually | 2017-10-18 |
2017-06-22 | HK$0.04 | semi annually | 2017-07-10 |
2016-09-08 | HK$0.04 | semi annually | |
2016-06-22 | HK$0.03 | semi annually | |
2015-09-10 | HK$0.03 | semi annually | |
2015-06-22 | HK$0.03 | semi annually | |
2014-09-11 | HK$0.03 | semi annually | |
2014-06-20 | HK$0.02 | semi annually | |
2013-09-12 | HK$0.01 | semi annually | |
2013-06-13 | HK$0.02 | semi annually |
Sinopec Kantons Dividend per year
Sinopec Kantons Dividend growth
Sinopec Kantons Dividend Yield
Sinopec Kantons current trailing twelve-month (TTM) dividend yield is 8.1%. Interested in purchasing Sinopec Kantons stock? Use our calculator to estimate your expected dividend yield:
Sinopec Kantons Financial Ratios
Sinopec Kantons Dividend FAQ
Other factors to consider when evaluating Sinopec Kantons 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: Sinopec Kantons'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, Sinopec Kantons 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, Sinopec Kantons 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 Sinopec Kantons 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: Sinopec Kantons 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, Sinopec Kantons distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sinopec Kantons 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 Sinopec Kantons'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 Sinopec Kantons'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.