Xin Point Holdings Limited, an investment holding company, manufactures and sells automotive and electronic components in China, North America, Europe, and internationally. The company offers automotive interior decorative components, such as interior door handles, door trims, shifter bezels, steering wheel components, console parts, and cluster rings; and automotive exterior decorative components, including emblems, exterior door handles, fog lamp trims, front and rear grill trims, tail lamp trims, and wheel hub trims. It is also involved in the trading of automotive and electronic components; manufacture and sale of molds; and research and development of carbon fiber materials and double-layer copper clad laminate. The company was founded in 2002 and is headquartered in Huizhou, the People's Republic of China.
Xin Point Dividend Announcement
• Xin Point announced a semi annually dividend of HK$0.20 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-09-26
• Xin Point annual dividend for 2024 was HK$0.45
• Xin Point annual dividend for 2023 was HK$0.24
• Xin Point's trailing twelve-month (TTM) dividend yield is 10.6%
• Xin Point's payout ratio for the trailing twelve months (TTM) is 32.12%
• Xin Point's dividend growth over the last five years (2018-2023) was 9.12% year
Xin Point Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-26 | HK$0.20 | semi annually | 2024-10-25 |
2024-06-11 | HK$0.25 | semi annually | 2024-07-12 |
2023-09-28 | HK$0.10 | semi annually | 2023-10-27 |
2023-06-08 | HK$0.14 | semi annually | 2023-07-10 |
2022-09-29 | HK$0.06 | semi annually | 2022-10-28 |
2022-06-07 | HK$0.02 | semi annually | 2022-07-08 |
2021-09-30 | HK$0.05 | semi annually | 2021-10-29 |
2021-06-03 | HK$0.13 | semi annually | 2021-07-05 |
2020-09-29 | HK$0.04 | semi annually | 2020-10-30 |
2020-07-03 | HK$0.10 | semi annually | 2020-07-31 |
2019-09-27 | HK$0.03 | semi annually | 2019-10-31 |
2019-06-10 | HK$0.11 | semi annually | 2019-07-08 |
2018-09-13 | HK$0.07 | semi annually | 2018-10-12 |
2018-05-28 | HK$0.09 | semi annually | 2018-06-25 |
2017-09-14 | HK$0.06 | semi annually | 2017-10-13 |
Xin Point Dividend per year
Xin Point Dividend growth
Xin Point Dividend Yield
Xin Point current trailing twelve-month (TTM) dividend yield is 10.6%. Interested in purchasing Xin Point stock? Use our calculator to estimate your expected dividend yield:
Xin Point Financial Ratios
Xin Point Dividend FAQ
Other factors to consider when evaluating Xin Point 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: Xin Point'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, Xin Point 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, Xin Point 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 Xin Point 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: Xin Point 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, Xin Point distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Xin Point 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 Xin Point'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 Xin Point'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.