Tak Lee Machinery Holdings Limited, an investment holding company, engages in the sale and leasing of new and used earthmoving equipment in Hong Kong. It operates through Sales of Heavy Equipment and Spare Parts, Lease of Heavy Equipment, and Maintenance and Ancillary Services segments. The company sells and leases heavy equipment, such as excavators, bulldozers, lifting cranes, hydraulic breakers, and others; and sells spare parts. It also provides maintenance and ancillary services; and motor vehicles services. The company was founded in 2001 and is headquartered in Yuen Long, Hong Kong. Tak Lee Machinery Holdings Limited is a subsidiary of Generous Way Limited.
Tak Lee Machinery Dividend Announcement
• Tak Lee Machinery announced a annually dividend of HK$0.01 per ordinary share which will be made payable on 2024-12-19. Ex dividend date: 2024-11-29
• Tak Lee Machinery annual dividend for 2024 was HK$0.01
• Tak Lee Machinery annual dividend for 2023 was HK$0.01
• Tak Lee Machinery's trailing twelve-month (TTM) dividend yield is 3.14%
• Tak Lee Machinery's payout ratio for the trailing twelve months (TTM) is 57.20%
Tak Lee Machinery Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-29 | HK$0.01 | annually | 2024-12-19 |
| 2023-12-01 | HK$0.01 | annually | 2023-12-20 |
| 2022-12-01 | HK$0.01 | annually | 2022-12-21 |
| 2022-04-11 | HK$0.01 | annually | 2022-05-03 |
| 2021-12-02 | HK$0.02 | annually | 2021-12-22 |
| 2021-04-08 | HK$0.01 | annually | 2021-04-27 |
| 2020-12-03 | HK$0.01 | annually | 2020-12-23 |
| 2020-03-02 | HK$0.01 | annually | 2020-03-19 |
| 2019-03-25 | HK$0.01 | annually | 2019-04-17 |
Tak Lee Machinery Dividend per year
Tak Lee Machinery Dividend growth
Tak Lee Machinery Dividend Yield
Tak Lee Machinery current trailing twelve-month (TTM) dividend yield is 3.14%. Interested in purchasing Tak Lee Machinery stock? Use our calculator to estimate your expected dividend yield:
Tak Lee Machinery Financial Ratios
P/E ratio18.19
PEG ratio-0.26
P/B ratio0.36
ROE1.97%
Payout ratio57.20%
Current ratio12.64
Quick ratio7.09
Cash Ratio3.04
Tak Lee Machinery Dividend FAQ
How much is the next Tak Lee Machinery dividend?
Tak Lee Machinery's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tak Lee Machinery dividend. The next Tak Lee Machinery dividend will be released in December.
When is Tak Lee Machinery dividend paid?
Tak Lee Machinery pays dividends on a annually basis. The specific dates may vary each year but are generally around December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Tak Lee Machinery pay?
The specific amount of Tak Lee Machinery dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Tak Lee Machinery's dividend history.
Does Tak Lee Machinery stock pay dividends?
Yes, Tak Lee Machinery does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Tak Lee Machinery's dividend history.
How much dividend does Tak Lee Machinery pay?
Tak Lee Machinery paid HK$0.015 in 2024, HK$0.005 in 2023, HK$0.02 in 2022, HK$0.035 in 2021, and HK$0.025 in 2020.
How often does Tak Lee Machinery pay dividends?
Tak Lee Machinery typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around December.
What is Tak Lee Machinery's dividend yield?
The current dividend yield for Tak Lee Machinery is 3.14%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Tak Lee Machinery's exact dividend yield.
When does Tak Lee Machinery go ex dividend?
Tak Lee Machinery's ex-dividend date for the latest dividend was on 2024-11-29. Tak Lee Machinery typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Tak Lee Machinery dividend paid?
Tak Lee Machinery pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will Tak Lee Machinery increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Tak Lee Machinery will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Tak Lee Machinery dividend per share?
Tak Lee Machinery paid HK$0.015 per share in 2024 and HK$0.005 per share in 2023. The amount of dividend per share that Tak Lee Machinery pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Tak Lee Machinery a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Tak Lee Machinery a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Tak Lee Machinery a dividend stock?
Yes, Tak Lee Machinery is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tak Lee Machinery a good dividend stock?
Whether Tak Lee Machinery is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tak Lee Machinery has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Tak Lee Machinery 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.
Other factors to consider when evaluating Tak Lee Machinery 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.
Does Tak Lee Machinery pay dividends monthly?
Tak Lee Machinery typically pays dividends on a annually basis.
Does Tak Lee Machinery pay dividends quarterly?
Tak Lee Machinery currently pays dividends on a annually basis.
Has Tak Lee Machinery ever paid a dividend?
Yes, Tak Lee Machinery has a history of paying dividends to its shareholders. Tak Lee Machinery is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tak Lee Machinery dividend stocks?
To buy Tak Lee Machinery you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Tak Lee Machinery stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Tak Lee Machinery stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Tak Lee Machinery pay dividends 2024?
Tak Lee Machinery pays dividends on a annually basis. 2024 dividend payments are in 2024-12-19. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Tak Lee Machinery increase its dividend in 2024?
Decisions regarding Tak Lee Machinery dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Tak Lee Machinery dividend overview you can look into the above table of dividend history.
How Tak Lee Machinery dividend works?
The Tak Lee Machinery dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Tak Lee Machinery's dividend process works:
1. Determination of Dividend: Tak Lee Machinery'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, Tak Lee Machinery 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, Tak Lee Machinery 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 Tak Lee Machinery 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. Determination of Dividend: Tak Lee Machinery'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, Tak Lee Machinery 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, Tak Lee Machinery 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 Tak Lee Machinery 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.
How are Tak Lee Machinery dividends paid?
Tak Lee Machinery dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Tak Lee Machinery 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, Tak Lee Machinery distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tak Lee Machinery 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.
1. Record Date: Tak Lee Machinery 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, Tak Lee Machinery distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tak Lee Machinery 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.
How many times does Tak Lee Machinery pay dividends?
Tak Lee Machinery typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Tak Lee Machinery pay dividends?
The general pattern is that Tak Lee Machinery pays dividends around December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Tak Lee Machinery dividend safe?
The safety of Tak Lee Machinery's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Tak Lee Machinery'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 Tak Lee Machinery'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.
To assess the safety of Tak Lee Machinery'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 Tak Lee Machinery'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.