Poly Property Services Dividend
Dividend criteria checks 3/6
Poly Property Services is a dividend paying company with a current yield of 3.36% that is well covered by earnings.
Key information
3.4%
Dividend yield
39%
Payout ratio
| Industry average yield | 5.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$1.078 |
| Earnings per share | HK$2.66 |
| Dividend yield forecast | 4.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6049 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6049's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Poly Property Services Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6049) | 3.4% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Real Estate) | 5.3% |
| Analyst forecast (6049) (up to 3 years) | 4.5% |
Notable Dividend: 6049's dividend (3.36%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.31%).
High Dividend: 6049's dividend (3.36%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.06%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.6%), 6049's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.5%), 6049's dividend payments are well covered by cash flows.