Tao Heung Holdings Limited, an investment holding company, operates restaurants and bakeries in Hong Kong and Mainland China. The company engages in the provision of food catering services; and production, sale, and distribution of food products and other items related to restaurant operations; and provision of poultry farm operations. It also slaughters, processes, and sells livestock; produces and retails bakery products; and provides management and promotion, treasury, and human resources support services, as well as trades in food and other operating items to restaurant operations. In addition, the company engages in the property investment activities. It operates restaurants under Tao Heung, Pier 88, Hak Ka Hut, Cheers Restaurant, Chao Inn, Chung's Cuisine/Chung's Kitchen, Joyous One, Tao Square, Tao's Kitchen, Cheers Palace, Tai Cheong Bakery, and Chung's House brands. The company was founded in 1991 and is based in Tai Po, Hong Kong.
Tao Heung Dividend Announcement
• Tao Heung announced a semi annually dividend of HK$0.03 per ordinary share which will be made payable on 2024-06-20. Ex dividend date: 2024-06-04
• Tao Heung annual dividend for 2024 was HK$0.03
• Tao Heung annual dividend for 2023 was HK$0.06
• Tao Heung's trailing twelve-month (TTM) dividend yield is 6.25%
• Tao Heung's payout ratio for the trailing twelve months (TTM) is 137.45%
• Tao Heung's dividend growth over the last five years (2018-2023) was -12.20% year
• Tao Heung's dividend growth over the last ten years (2013-2023) was -7.44% year
Tao Heung Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-04 | HK$0.03 | semi annually | 2024-06-20 |
2023-10-05 | HK$0.03 | semi annually | 2023-10-18 |
2023-06-06 | HK$0.03 | semi annually | 2023-06-21 |
2022-10-06 | HK$0.03 | semi annually | 2022-10-19 |
2022-06-08 | HK$0.03 | semi annually | 2022-06-22 |
2021-09-29 | HK$0.03 | semi annually | 2021-10-15 |
2021-05-25 | HK$0.03 | semi annually | 2021-06-10 |
2020-05-22 | HK$0.04 | semi annually | 2020-06-09 |
2019-09-27 | HK$0.06 | semi annually | 2019-10-11 |
2019-05-28 | HK$0.06 | semi annually | 2019-06-12 |
2018-09-27 | HK$0.06 | semi annually | 2018-10-10 |
2018-05-29 | HK$0.06 | semi annually | 2018-06-12 |
2017-09-28 | HK$0.06 | semi annually | 2017-10-12 |
2017-05-29 | HK$0.04 | semi annually | 2017-06-07 |
2016-09-29 | HK$0.06 | semi annually | |
2016-05-27 | HK$0.06 | semi annually | |
2015-09-30 | HK$0.06 | semi annually | |
2015-05-28 | HK$0.06 | semi annually | |
2014-09-29 | HK$0.06 | semi annually | |
2014-05-29 | HK$0.06 | semi annually | |
2013-09-27 | HK$0.06 | semi annually | |
2013-05-27 | HK$0.07 | semi annually |
Tao Heung Dividend per year
Tao Heung Dividend growth
Tao Heung Dividend Yield
Tao Heung current trailing twelve-month (TTM) dividend yield is 6.25%. Interested in purchasing Tao Heung stock? Use our calculator to estimate your expected dividend yield:
Tao Heung Financial Ratios
Tao Heung Dividend FAQ
Other factors to consider when evaluating Tao Heung 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: Tao Heung'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, Tao Heung 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, Tao Heung 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 Tao Heung 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: Tao Heung 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, Tao Heung distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tao Heung 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 Tao Heung'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 Tao Heung'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.