Texhong Textile Group Limited, an investment holding company, primarily manufactures and sells yarns, grey fabrics, and non-woven and garment fabrics. It also offers dyed clothes and dresses, dyed and denim fabrics, finished woven fabrics, threads, textile knitting products, special textile for construction, decoration products, and garments. In addition, the company processes cotton; and trades in textile products. It sells its products in the People's Republic of China, Vietnam, Turkey, North America, Europe, Brazil, Bangladesh, Japan, South Korea, and internationally. The company was founded in 1997 and is headquartered in Tsuen Wan, Hong Kong.
Texhong Textile Dividend Announcement
• Texhong Textile announced a semi annually dividend of HK$0.10 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-09-25
• Texhong Textile annual dividend for 2024 was HK$0.20
• Texhong Textile's trailing twelve-month (TTM) dividend yield is 5.42%
Texhong Textile Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-25 | HK$0.10 | semi annually | 2024-10-18 |
2024-09-23 | HK$0.10 | semi annually | 2024-10-18 |
2022-09-23 | HK$0.38 | semi annually | 2022-10-14 |
2022-05-12 | HK$0.57 | semi annually | 2022-06-01 |
2021-09-16 | HK$0.50 | semi annually | 2021-10-08 |
2021-05-06 | HK$0.20 | semi annually | 2021-05-27 |
2020-05-13 | HK$0.15 | semi annually | 2020-06-02 |
2019-09-19 | HK$0.18 | semi annually | 2019-10-11 |
2019-05-03 | HK$0.20 | semi annually | 2019-05-23 |
2018-09-06 | HK$0.23 | semi annually | 2018-09-24 |
2018-05-02 | HK$0.21 | semi annually | 2018-05-18 |
2017-09-01 | HK$0.24 | semi annually | 2017-09-18 |
2017-04-19 | HK$0.26 | semi annually | 2017-05-02 |
2016-09-05 | HK$0.18 | semi annually | 2016-09-20 |
2016-04-20 | HK$0.12 | semi annually | 2016-05-09 |
2015-08-25 | HK$0.12 | semi annually | 2015-09-10 |
2015-04-28 | HK$0.08 | semi annually | 2015-05-12 |
2014-08-26 | HK$0.05 | semi annually | 2014-09-10 |
2014-04-10 | HK$0.28 | semi annually | 2014-04-24 |
2013-08-16 | HK$0.19 | semi annually | 2013-08-28 |
2013-04-22 | HK$0.27 | semi annually | 2013-04-30 |
2011-09-08 | HK$0.10 | semi annually | 2011-09-28 |
2011-04-08 | HK$0.17 | semi annually | 2011-04-29 |
Texhong Textile Dividend per year
Texhong Textile Dividend growth
Texhong Textile Dividend Yield
Texhong Textile current trailing twelve-month (TTM) dividend yield is 5.42%. Interested in purchasing Texhong Textile stock? Use our calculator to estimate your expected dividend yield:
Texhong Textile Financial Ratios
Texhong Textile Dividend FAQ
Other factors to consider when evaluating Texhong Textile 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: Texhong Textile'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, Texhong Textile 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, Texhong Textile 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 Texhong Textile 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: Texhong Textile 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, Texhong Textile distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Texhong Textile 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 Texhong Textile'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 Texhong Textile'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.