Joy City Property Dividend
Dividend criteria checks 2/6
Joy City Property is a dividend paying company with a current yield of 3.22% that is well covered by earnings. Next payment date is on 4th July, 2024 with an ex-dividend date of 20th June, 2024.
Key information
3.2%
Dividend yield
29%
Payout ratio
| Industry average yield | 5.7% |
| Next dividend pay date | 04 Jul 24 |
| Ex dividend date | 20 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.024 |
| Dividend yield forecast in 3Y | 3.2% |
Recent dividend updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Joy City Property (HKG:207)
Apr 30
At HK$0.29, Is It Time To Put Joy City Property Limited (HKG:207) On Your Watch List?
Jul 31Joy City Property (HKG:207) Takes On Some Risk With Its Use Of Debt
May 24Is There Now An Opportunity In Joy City Property Limited (HKG:207)?
Feb 28Is Joy City Property (HKG:207) A Risky Investment?
Nov 11Joy City Property (HKG:207) Seems To Be Using A Lot Of Debt
Apr 13Is There Now An Opportunity In Joy City Property Limited (HKG:207)?
Jul 27Joy City Property's (HKG:207) Problems Go Beyond Weak Profit
Apr 29New Forecasts: Here's What Analysts Think The Future Holds For Joy City Property Limited (HKG:207)
Apr 01Little Excitement Around Joy City Property Limited's (HKG:207) Earnings
Mar 30Is There Now An Opportunity In Joy City Property Limited (HKG:207)?
Mar 04How Much Did Joy City Property's(HKG:207) Shareholders Earn From Share Price Movements Over The Last Three Years?
Jan 28
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 207 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 207 has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Joy City Property Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (207) | 3.2% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Real Estate) | 5.7% |
| Analyst forecast in 3 Years (207) | 3.2% |
Notable Dividend: 207's dividend (3.22%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 207's dividend (3.22%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.02%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.5%), 207's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (1.2%), 207's dividend payments are thoroughly covered by cash flows.