Tsit Wing International Holdings Limited, an investment holding company, provides beverages and food products in Hong Kong, Mainland China, Canada, Australia, the United States, Taiwan, the Philippines, Malaysia, Singapore, and Macau. It operates in two segments, Beverage Solutions and Food Products. The Beverage Solutions segment processes and distributes coffee, tea, and related complementary products; sells food and beverages, coffee machines, and other related products; operates food and beverage stores; and leases coffee and tea machines. The Food Products segment trades in frozen foods. The company also engages in the processing of coffee beans. In addition, it provides catering training services. The company was founded in 1932 and is headquartered in Kwai Chung, Hong Kong. Tsit Wing International Holdings Limited is a subsidiary of Hero Valour Limited.
Tsit Wing International Dividend Announcement
• Tsit Wing International announced a quarterly dividend of HK$0.03 per ordinary share which will be made payable on 2024-09-13. Ex dividend date: 2024-08-28
• Tsit Wing International annual dividend for 2024 was HK$0.19
• Tsit Wing International annual dividend for 2023 was HK$0.04
• Tsit Wing International's trailing twelve-month (TTM) dividend yield is 34.27%
• Tsit Wing International's payout ratio for the trailing twelve months (TTM) is 154.47%
Tsit Wing International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-28 | HK$0.03 | quarterly | 2024-09-13 |
2024-05-24 | HK$0.02 | quarterly | 2024-06-12 |
2024-02-29 | HK$0.14 | quarterly | 2024-03-11 |
2023-08-30 | HK$0.02 | quarterly | 2023-09-18 |
2023-05-02 | HK$0.02 | quarterly | 2023-05-18 |
2022-09-02 | HK$0.02 | quarterly | 2022-09-21 |
2022-05-03 | HK$0.04 | quarterly | 2022-05-24 |
2021-09-01 | HK$0.03 | quarterly | 2021-09-16 |
2021-05-04 | HK$0.04 | quarterly | 2021-05-25 |
2020-09-07 | HK$0.02 | quarterly | 2020-09-25 |
2020-04-27 | HK$0.03 | quarterly | 2020-05-22 |
2019-09-04 | HK$0.03 | quarterly | 2019-09-24 |
2019-04-24 | HK$0.06 | quarterly | 2019-05-17 |
Tsit Wing International Dividend per year
Tsit Wing International Dividend growth
Tsit Wing International Dividend Yield
Tsit Wing International current trailing twelve-month (TTM) dividend yield is 34.27%. Interested in purchasing Tsit Wing International stock? Use our calculator to estimate your expected dividend yield:
Tsit Wing International Financial Ratios
Tsit Wing International Dividend FAQ
Other factors to consider when evaluating Tsit Wing International 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: Tsit Wing International'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, Tsit Wing International 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, Tsit Wing International 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 Tsit Wing International 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: Tsit Wing International 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, Tsit Wing International distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tsit Wing International 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 Tsit Wing International'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 Tsit Wing International'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.