New World Development Dividend
Dividend criteria checks 1/6
New World Development is a dividend paying company with a current yield of 4.52%.
Key information
4.5%
Dividend yield
160%
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$0.31 |
Dividend yield forecast in 3Y | 5.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 17's dividend payments have been volatile in the past 10 years.
Growing Dividend: 17's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
New World Development Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (17) | 4.5% |
Market Bottom 25% (HK) | 3.1% |
Market Top 25% (HK) | 7.5% |
Industry Average (Real Estate) | 5.5% |
Analyst forecast in 3 Years (17) | 5.7% |
Notable Dividend: 17's dividend (4.52%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.11%).
High Dividend: 17's dividend (4.52%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.5%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (160.1%), 17's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1465.3%), 17's dividend payments are not well covered by cash flows.