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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 dateDividend amountDividend typePay date
2024-09-09HK$0.11semi annually2024-09-23
2024-06-25HK$0.15semi annually2024-07-11
2023-09-07HK$0.15semi annually2023-09-22
2023-05-31HK$0.19semi annually2023-06-14
2022-09-09HK$0.11semi annually2022-09-23
2022-05-31HK$0.16semi annually2022-06-15
2021-09-13HK$0.10semi annually2021-09-24
2021-06-01HK$0.14semi annually2021-06-11
2020-09-11HK$0.09semi annually2020-09-25
2020-05-27HK$0.12semi annually2020-06-30

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

P/E ratio11.41
PEG ratio0.53
P/B ratio2.82
ROE24.45%
Payout ratio64.57%
Current ratio1.58
Quick ratio1.16
Cash Ratio0.57

Town Ray Dividend FAQ

How much is the next Town Ray dividend?
Town Ray's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Town Ray dividend. The next Town Ray dividend will be released in May, or September.
When is Town Ray dividend paid?
Town Ray pays dividends on a semi annually basis. The specific dates may vary each year but are generally around May, and September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Town Ray pay?
The specific amount of Town Ray dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Town Ray's dividend history.
Does Town Ray stock pay dividends?
Yes, Town Ray does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Town Ray's dividend history.
How much dividend does Town Ray pay?
Town Ray paid HK$0.261 in 2024, HK$0.343 in 2023, HK$0.268 in 2022, HK$0.242 in 2021, and HK$0.209 in 2020.
How often does Town Ray pay dividends?
Town Ray typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around May, and September.
What is Town Ray's dividend yield?
The current dividend yield for Town Ray is 9.85%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Town Ray's exact dividend yield.
When does Town Ray go ex dividend?
Town Ray's ex-dividend date for the latest dividend was on 2024-09-09. Town Ray typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Town Ray dividend paid?
Town Ray pays dividends on a semi annually basis, typically around May, or September, but the exact dates can vary each year.
Will Town Ray increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Town Ray will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Town Ray dividend per share?
Town Ray paid HK$0.261 per share in 2024 and HK$0.343 per share in 2023. The amount of dividend per share that Town Ray pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Town Ray a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Town Ray a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Town Ray a dividend stock?
Yes, Town Ray is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Town Ray a good dividend stock?
Whether Town Ray is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Town Ray has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does Town Ray pay dividends monthly?
Town Ray typically pays dividends on a semi annually basis.
Does Town Ray pay dividends quarterly?
Town Ray currently pays dividends on a semi annually basis.
Has Town Ray ever paid a dividend?
Yes, Town Ray has a history of paying dividends to its shareholders. Town Ray is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Town Ray dividend stocks?
To buy Town Ray you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Town Ray 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.
When does Town Ray pay dividends 2024?
Town Ray pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-23. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Town Ray increase its dividend in 2024?
Decisions regarding Town Ray dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Town Ray dividend overview you can look into the above table of dividend history.
How Town Ray dividend works?
The Town Ray dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Town Ray's dividend process works:

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.
How are Town Ray dividends paid?
Town Ray dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does Town Ray pay dividends?
Town Ray typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Town Ray pay dividends?
The general pattern is that Town Ray pays dividends around May, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Town Ray dividend safe?
The safety of Town Ray's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

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.