Wealthy Way Group Limited, an investment holding company, provides financial leasing, factoring, and advisory services to individual and companies in the People's Republic of China and Hong Kong. The company offers small loans and related loan facilitation, asset management, investment management and advisory, securities dealing and broking, and other financial services. It also offers sale and leaseback, micro-credit, and loan facilitation related services. In addition, the company provides marketing and money lending services. It serves airline companies, health care service providers, and energy saving equipment providers. The company was founded in 2012 and is headquartered in Wanchai, Hong Kong. Wealthy Way Group Limited is a subsidiary of Wealthy Rise Investment Limited.
Wealthy Way Dividend Announcement
• Wealthy Way announced a annually dividend of HK$0.03 per ordinary share which will be made payable on 2024-06-28. Ex dividend date: 2024-06-03
• Wealthy Way annual dividend for 2024 was HK$0.03
• Wealthy Way annual dividend for 2023 was HK$0.03
• Wealthy Way's trailing twelve-month (TTM) dividend yield is 1.13%
• Wealthy Way's payout ratio for the trailing twelve months (TTM) is 69.13%
Wealthy Way Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-03 | HK$0.03 | annually | 2024-06-28 |
2023-07-04 | HK$0.03 | annually | 2023-07-25 |
2022-06-28 | HK$0.03 | annually | 2022-07-15 |
2020-06-30 | HK$0.05 | annually | 2020-07-17 |
2020-05-29 | HK$0.05 | annually | |
2019-06-04 | HK$0.03 | annually | 2019-06-28 |
Wealthy Way Dividend per year
Wealthy Way Dividend growth
Wealthy Way Dividend Yield
Wealthy Way current trailing twelve-month (TTM) dividend yield is 1.13%. Interested in purchasing Wealthy Way stock? Use our calculator to estimate your expected dividend yield:
Wealthy Way Financial Ratios
Wealthy Way Dividend FAQ
Other factors to consider when evaluating Wealthy Way 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: Wealthy Way'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, Wealthy Way 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, Wealthy Way 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 Wealthy Way 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: Wealthy Way 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, Wealthy Way distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Wealthy Way 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 Wealthy Way'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 Wealthy Way'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.