The message board on Seeking alpha has someone writing that Interactive Brokers have said they can see the payment coming.
The text below is from JP Morgans ADR site
Corporate Action: CK HUTCHISON HOLDINGS LIMITED (CKHUY) – Proceeds from Sale of Shares
Country: Hong Kong
CKH Holdings Shareholders received on June 3, 2015 one (1) share of Cheung Kong Property Holdings Limited share for every one (1) Share of CKH Holdings held. The shares of Cheung Kong Property Holdings Limited received by the depositaries in respect of the CKH Holdings Shares represented by CKH Holdings ADSs have been sold and the net cash proceeds from such sale (after deduction of applicable fees, taxes, and expenses) will be distributed to holders of CKH Holdings ADSs as of record date.
Record Date June 25, 2015
Payment Date June 30, 2015
Issuance and cancellation books open date July 6, 2015
Hong Kong Dollar per foreign share¹
DR Ratio(Underlying share: DR)
Hong Kong Dollar per DR
Hong Kong Dollar tax withheld per DR
Foreign Exchange Date
Foreign Exchange Rate¹ Inclusive of a fee of 0.000390
All amounts are in USD
Rate per DR
Tax Withholding Amount
Cash Distribution Fee
Final Cash Distribution Rate per DR
In essence, hutchison say it was not a dividend by them and advise me to contact my broker or depository bank for the adr programme.
That last message is just a copy and paste from BNY Mellon website. I still await the dividend to hit my account
Cash Distribution Resulting from the Sale of Cheung Kong Property Holdings Shares
CK Hutchison Holdings Limited
ADR CUSIP: 12562Y100 / ADR ISIN: US12562Y1001
ADR Ticker Symbol: CKHUY
Ratio: (ADR: Underlying Shares): 1:1
CK Hutchison Holdings Limited announced a distribution of Cheung Kong Property Holdings Shares to its Common shareholders. The Shares were allocated as follows: 1 Cheung Kong Property Holdings Share(s) were issued for every 1 Common share(s) held as of the local record date of May 28, 2015.
The Cheung Kong Property Holdings Shares were not registered under the United States Securities Act of 1933, therefore we were not permitted to pass the Shares on to the holders of Depositary Receipts ("DRs"). As a result, BNY Mellon has sold the Shares in the local market and the proceeds received from the sale will be distributed to the DR holders of CK Hutchison Holdings Limited.
BNY MELLON HAS ESTABLISHED THE FOLLOWING DATES FOR THIS CORPORATE ACTION:
ADR Record Date: Jun 25, 2015
ADR Payment Date: Jun 30, 2015
Gross Rate per ADS: $9.081200
Depositary Fee per ADS: ($0.050000)
Net Rate per ADS: $9.031200
I have an account with Charlie Schwab. Often the dividends on ADRs appear in my account a few days after the payment date shown on Yahoo. I am anxiously awaiting the dividend payment on CK Hutch.
Yes it went ex dividend. The special dividend is around $8.90 per share (a bit less I think). THe dividend should be paid this week.