Wang On Properties Dividend
Dividend criteria checks 3/6
Wang On Properties is a dividend paying company with a current yield of 15.68% that is well covered by earnings.
Key information
15.7%
Dividend yield
26%
Payout ratio
| Industry average yield | 5.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | HK$0.027 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1243 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1243's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Wang On Properties Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1243) | 15.7% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 7.8% |
| Industry Average (Real Estate) | 5.5% |
| Analyst forecast in 3 Years (1243) | n/a |
Notable Dividend: 1243's dividend (15.68%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.16%).
High Dividend: 1243's dividend (15.68%) is in the top 25% of dividend payers in the Hong Kong market (7.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.5%), 1243's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1243 is paying a dividend but the company has no free cash flows.