Tang Palace (China) Holdings Limited, an investment holding company, engages in the restaurant operation and food production businesses in the People's Republic of China. The company operates restaurants under the Tang Palace Seafood Restaurant, Tang's Cuisine, Tang Palace, Social Place, Canton Tea Room, Pepper Lunch, Soup Delice, and PappaRich brands. It is also involved in intangible asset holding, as well as retail and wholesale trading activities. As of December 31, 2021, the company operated 49 restaurants and 13 other restaurants under joint ventures. Tang Palace (China) Holdings Limited was founded in 1992 and is headquartered in Kowloon, Hong Kong.
Tang Palace Dividend Announcement
• Tang Palace announced a semi annually dividend of HK$0.01 per ordinary share which will be made payable on 2024-07-26. Ex dividend date: 2024-06-12
• Tang Palace annual dividend for 2024 was HK$0.01
• Tang Palace annual dividend for 2023 was HK$0.05
• Tang Palace's trailing twelve-month (TTM) dividend yield is 6.75%
• Tang Palace's payout ratio for the trailing twelve months (TTM) is 1380.72%
• Tang Palace's dividend growth over the last five years (2018-2023) was -15.92% year
• Tang Palace's dividend growth over the last ten years (2013-2023) was -6.41% year
Tang Palace Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-12 | HK$0.01 | semi annually | 2024-07-26 |
2023-09-13 | HK$0.03 | semi annually | 2023-11-17 |
2023-06-14 | HK$0.03 | semi annually | 2023-07-28 |
2022-06-15 | HK$0.03 | semi annually | 2022-07-29 |
2021-09-15 | HK$0.03 | semi annually | 2021-11-19 |
2021-06-16 | HK$0.03 | semi annually | 2021-07-30 |
2020-09-07 | HK$0.02 | semi annually | 2020-11-20 |
2019-09-10 | HK$0.03 | semi annually | 2019-11-15 |
2019-06-18 | HK$0.09 | semi annually | 2019-07-31 |
2018-09-10 | HK$0.03 | semi annually | 2018-11-16 |
2018-06-06 | HK$0.09 | semi annually | 2018-07-31 |
2017-09-08 | HK$0.09 | semi annually | 2017-10-31 |
2017-06-06 | HK$0.21 | semi annually | 2017-07-31 |
2016-09-08 | HK$0.06 | semi annually | 2016-12-30 |
2016-06-07 | HK$0.11 | semi annually | 2016-07-30 |
2015-06-09 | HK$0.10 | semi annually | 2015-07-31 |
2014-06-04 | HK$0.07 | semi annually | 2014-06-30 |
2013-05-28 | HK$0.10 | semi annually | 2013-06-17 |
Tang Palace Dividend per year
Tang Palace Dividend growth
Tang Palace Dividend Yield
Tang Palace current trailing twelve-month (TTM) dividend yield is 6.75%. Interested in purchasing Tang Palace stock? Use our calculator to estimate your expected dividend yield:
Tang Palace Financial Ratios
Tang Palace Dividend FAQ
Other factors to consider when evaluating Tang Palace 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.
Place an order: Use the brokerage's trading platform to place an order to buy Tang Palace 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.
1. Determination of Dividend: Tang Palace'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, Tang Palace 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, Tang Palace 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 Tang Palace 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: Tang Palace 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, Tang Palace distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tang Palace 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 Tang Palace'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 Tang Palace'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.