Tianjin Port Development Holdings Limited, an investment holding company, operates the port of Tianjin in the People's Republic of China. It operates through three segments: Cargo Handling, Sales, and Other Port Ancillary Services. The Cargo Handling segment provides container handling and non-containerized cargo handling services. The Sales segment is involved in the supply of fuel to the inbound vessels; and sale of supplies and other materials. The Other Port Ancillary Services segment offers tugboat, agency, tallying, and other services. The company also provides warehousing, logistics, treasury, and other ancillary services. Tianjin Port Development Holdings Limited was founded in 1968 and is headquartered in Causeway Bay, Hong Kong. Tianjin Port Development Holdings Limited is a subsidiary of Tianjin Port Overseas Holding Limited.
Tianjin Port Development Dividend Announcement
• Tianjin Port Development announced a annually dividend of HK$0.05 per ordinary share which will be made payable on 2024-07-22. Ex dividend date: 2024-06-21
• Tianjin Port Development annual dividend for 2024 was HK$0.05
• Tianjin Port Development annual dividend for 2023 was HK$0.02
• Tianjin Port Development's trailing twelve-month (TTM) dividend yield is 7.17%
• Tianjin Port Development's payout ratio for the trailing twelve months (TTM) is 20.55%
• Tianjin Port Development's dividend growth over the last five years (2018-2023) was -14.94% year
• Tianjin Port Development's dividend growth over the last ten years (2013-2023) was 0.23% year
Tianjin Port Development Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-21 | HK$0.05 | annually | 2024-07-22 |
2023-06-19 | HK$0.02 | annually | 2023-07-24 |
2022-06-20 | HK$0.06 | annually | 2022-07-22 |
2021-06-28 | HK$0.04 | annually | 2021-07-22 |
2020-07-13 | HK$0.03 | annually | 2020-08-18 |
2019-05-31 | HK$0.03 | annually | 2019-07-16 |
2018-06-07 | HK$0.05 | annually | 2018-07-16 |
2017-06-13 | HK$0.03 | annually | 2017-07-14 |
2016-06-03 | HK$0.04 | annually | 2016-07-15 |
2015-06-05 | HK$0.05 | annually | 2015-07-15 |
2014-06-09 | HK$0.05 | annually | 2014-07-08 |
2013-06-03 | HK$0.02 | annually | 2013-07-08 |
Tianjin Port Development Dividend per year
Tianjin Port Development Dividend growth
Tianjin Port Development Dividend Yield
Tianjin Port Development current trailing twelve-month (TTM) dividend yield is 7.17%. Interested in purchasing Tianjin Port Development stock? Use our calculator to estimate your expected dividend yield:
Tianjin Port Development Financial Ratios
Tianjin Port Development Dividend FAQ
Other factors to consider when evaluating Tianjin Port Development 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 Tianjin Port Development 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: Tianjin Port Development'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, Tianjin Port Development 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, Tianjin Port Development 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 Tianjin Port Development 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: Tianjin Port Development 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, Tianjin Port Development distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tianjin Port Development 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 Tianjin Port Development'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 Tianjin Port Development'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.