Sunac Services Holdings Limited, an investment holding company, provides property management services, value-added services to non-property owners, and commercial operational and community living services in the People's Republic of China. Its property management portfolio covers residential and non-residential properties. The company offers value-added services comprise sales assistance services to property developers to assist with their sales and marketing activities at property sales venues and display units; consultancy and other value-added services to non-property owners, such as consultancy, pre-delivery, and engineering services to other property management companies; and property agency services to property developers primarily in respect of tourism and vacation projects and car park spaces. It also provides community living services include space operation services, property interior decoration services, real estate brokerage services, sale of use rights of car park spaces, and convenience and other services. In addition, the company offers property leasing, housing repair, and commercial management services. Sunac Services Holdings Limited was founded in 2004 and is headquartered in Tianjin, China.
Sunac Services Dividend Announcement
• Sunac Services announced a semi annually dividend of HK$0.16 per ordinary share which will be made payable on 2024-06-04. Ex dividend date: 2024-05-23
• Sunac Services annual dividend for 2024 was HK$0.16
• Sunac Services annual dividend for 2023 was HK$0.39
• Sunac Services's trailing twelve-month (TTM) dividend yield is 8.8%
• Sunac Services's payout ratio for the trailing twelve months (TTM) is -89.78%
Sunac Services Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-23 | HK$0.16 | semi annually | 2024-06-04 |
2023-09-27 | HK$0.23 | semi annually | 2023-10-13 |
2023-06-02 | HK$0.15 | semi annually | 2023-06-15 |
2022-06-13 | HK$0.15 | semi annually | 2022-06-23 |
2021-06-22 | HK$0.07 | semi annually | 2021-07-15 |
Sunac Services Dividend per year
Sunac Services Dividend growth
Sunac Services Dividend Yield
Sunac Services current trailing twelve-month (TTM) dividend yield is 8.8%. Interested in purchasing Sunac Services stock? Use our calculator to estimate your expected dividend yield:
Sunac Services Financial Ratios
Sunac Services Dividend FAQ
Other factors to consider when evaluating Sunac 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: Sunac 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, Sunac 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, Sunac 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 Sunac 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: Sunac 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, Sunac 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: Sunac 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 Sunac 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 Sunac 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.