Travel Expert (Asia) Enterprises Limited, an investment holding company, provides travel agency services in Hong Kong and the People's Republic of China. It operates through Travel and Travel/Wedding Related Business, Food and Beverage Business, Treasury Activities, and Others segments. The company engages in the provision of services relating to the sale of air tickets, hotel accommodation, and other travel/wedding related products and services; and package tours, property investments, and investment in treasury activities, as well as sells frozen food and groceries through teSTORE and online. It also provides marketing and management services. As of March 31, 2022, it operated a total of 5 retail shops in Hong Kong under the Travel Expert and Premium Holidays brands; and a café under the brand name of Café Another brand. The company was founded in 1986 and is headquartered in Sheung Wan, Hong Kong. Travel Expert (Asia) Enterprises Limited is a subsidiary of Colvin & Horne Holdings Limited.
Travel Expert Enterprises Dividend Announcement
• Travel Expert Enterprises announced a annually dividend of HK$0.01 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-09
• Travel Expert Enterprises annual dividend for 2024 was HK$0.01
• Travel Expert Enterprises's trailing twelve-month (TTM) dividend yield is 3.87%
Travel Expert Enterprises Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-09 | HK$0.01 | annually | 2024-09-27 |
2019-08-22 | HK$0.02 | annually | 2019-09-06 |
2018-08-23 | HK$0.02 | annually | 2018-09-07 |
2017-08-22 | HK$0.02 | annually | 2017-09-08 |
2016-08-23 | HK$0.03 | annually | 2016-09-09 |
2015-12-21 | HK$0.01 | annually | 2016-01-08 |
2015-08-25 | HK$0.03 | annually | 2015-09-11 |
2014-12-19 | HK$0.01 | annually | 2015-01-09 |
2014-08-26 | HK$0.03 | annually | 2014-09-12 |
2013-12-19 | HK$0.01 | annually | 2014-01-10 |
2013-08-23 | HK$0.04 | annually | 2013-09-10 |
2012-08-22 | HK$0.04 | annually | 2012-09-07 |
Travel Expert Enterprises Dividend per year
Travel Expert Enterprises Dividend growth
Travel Expert Enterprises Dividend Yield
Travel Expert Enterprises current trailing twelve-month (TTM) dividend yield is 3.87%. Interested in purchasing Travel Expert Enterprises stock? Use our calculator to estimate your expected dividend yield:
Travel Expert Enterprises Financial Ratios
Travel Expert Enterprises Dividend FAQ
Other factors to consider when evaluating Travel Expert Enterprises 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: Travel Expert Enterprises'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, Travel Expert Enterprises 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, Travel Expert Enterprises 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 Travel Expert Enterprises 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: Travel Expert Enterprises 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, Travel Expert Enterprises distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Travel Expert Enterprises 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 Travel Expert Enterprises'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 Travel Expert Enterprises'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.