Financial Street Property Dividend
Dividend criteria checks 4/6
Financial Street Property is a dividend paying company with a current yield of 8.5% that is well covered by earnings. Next payment date is on 5th August, 2024 with an ex-dividend date of 18th June, 2024.
Key information
8.5%
Dividend yield
50%
Payout ratio
| Industry average yield | 6.1% |
| Next dividend pay date | 05 Aug 24 |
| Ex dividend date | 18 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.34 |
| Dividend yield forecast in 3Y | 12.0% |
Recent dividend updates
Recent updates
Financial Street Property (HKG:1502) Has Announced That Its Dividend Will Be Reduced To CN¥0.1799
Jun 15
Earnings Not Telling The Story For Financial Street Property Co., Limited (HKG:1502)
May 30Is Financial Street Property Co., Limited (HKG:1502) An Attractive Dividend Stock?
Apr 04Why Financial Street Property Co., Limited (HKG:1502) Looks Like A Quality Company
Mar 17Financial Street Property Co., Limited's (HKG:1502) Intrinsic Value Is Potentially 92% Above Its Share Price
Feb 10
Have Financial Street Property Co., Limited (HKG:1502) Insiders Been Selling Their Stock?
Jan 12Could The Financial Street Property Co., Limited (HKG:1502) Ownership Structure Tell Us Something Useful?
Jan 02Financial Street Property Co., Limited (HKG:1502) Delivered A Better ROE Than Its Industry
Nov 28Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1502 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1502's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Financial Street Property Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1502) | 8.5% |
| Market Bottom 25% (HK) | 3.4% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Real Estate) | 6.1% |
| Analyst forecast in 3 Years (1502) | 12.0% |
Notable Dividend: 1502's dividend (8.5%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.39%).
High Dividend: 1502's dividend (8.5%) is in the top 25% of dividend payers in the Hong Kong market (8.24%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.4%), 1502's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.6%), 1502's dividend payments are covered by cash flows.