Town Ray Holdings Limited, together with its subsidiaries, manufactures and sells electrothermic household appliances in Europe, Asia, the United States, and internationally. It offers garment care appliances, such as steam generator irons, garment steamers, and steam irons; and cooking appliances, including coffee machines, steam cooking appliances, and other cooking appliances, as well as consumer electronics products, cleaning products, and air purifiers. The company was founded in 2005 and is headquartered in Kwun Tong, Hong Kong. Town Ray Holdings Limited operates as a subsidiary of Modern Expression Limited.
Town Ray Dividend Announcement
• Town Ray announced a semi annually dividend of HK$0.11 per ordinary share which will be made payable on 2024-09-23. Ex dividend date: 2024-09-09
• Town Ray annual dividend for 2024 was HK$0.26
• Town Ray annual dividend for 2023 was HK$0.34
• Town Ray's trailing twelve-month (TTM) dividend yield is 9.85%
• Town Ray's payout ratio for the trailing twelve months (TTM) is 64.57%
Town Ray Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-09 | HK$0.11 | semi annually | 2024-09-23 |
2024-06-25 | HK$0.15 | semi annually | 2024-07-11 |
2023-09-07 | HK$0.15 | semi annually | 2023-09-22 |
2023-05-31 | HK$0.19 | semi annually | 2023-06-14 |
2022-09-09 | HK$0.11 | semi annually | 2022-09-23 |
2022-05-31 | HK$0.16 | semi annually | 2022-06-15 |
2021-09-13 | HK$0.10 | semi annually | 2021-09-24 |
2021-06-01 | HK$0.14 | semi annually | 2021-06-11 |
2020-09-11 | HK$0.09 | semi annually | 2020-09-25 |
2020-05-27 | HK$0.12 | semi annually | 2020-06-30 |
Town Ray Dividend per year
Town Ray Dividend growth
Town Ray Dividend Yield
Town Ray current trailing twelve-month (TTM) dividend yield is 9.85%. Interested in purchasing Town Ray stock? Use our calculator to estimate your expected dividend yield:
Town Ray Financial Ratios
Town Ray Dividend FAQ
Other factors to consider when evaluating Town Ray 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: Town Ray'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, Town Ray 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, Town Ray 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 Town Ray 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: Town Ray 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, Town Ray distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Town Ray 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 Town Ray'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 Town Ray'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.