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Powerlong Commercial Management Holdings Dividend
Dividend criteria checks 3/6
Powerlong Commercial Management Holdings is a dividend paying company with a current yield of 7.27% that is well covered by earnings. Next payment date is on 20th December, 2023 with an ex-dividend date of 24th November, 2023.
Key information
7.3%
Dividend yield
38%
Payout ratio
Industry average yield | 5.9% |
Next dividend pay date | 20 Dec 23 |
Ex dividend date | 24 Nov 23 |
Dividend per share | n/a |
Earnings per share | HK$0.72 |
Dividend yield forecast in 3Y | 9.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9909 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 9909's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Powerlong Commercial Management Holdings Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (9909) | 7.3% |
Market Bottom 25% (HK) | 3.3% |
Market Top 25% (HK) | 8.1% |
Industry Average (Real Estate) | 5.9% |
Analyst forecast in 3 Years (9909) | 9.3% |
Notable Dividend: 9909's dividend (7.27%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.8%).
High Dividend: 9909's dividend (7.27%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.71%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.9%), 9909's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (64.8%), 9909's dividend payments are covered by cash flows.