Fortune Real Estate Investment Trust Dividend
Dividend criteria checks 5/6
Fortune Real Estate Investment Trust is a dividend paying company with a current yield of 8.84% that is well covered by earnings.
Key information
8.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 9.0% |
| Dividend Growth | 4.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.362 |
| Payout ratio | 75% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 778's dividend payments have been volatile in the past 10 years.
Growing Dividend: 778's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Fortune Real Estate Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (778) | 8.8% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 7.9% |
| Industry Average (Retail REITs) | 6.1% |
| Analyst forecast (778) (up to 3 years) | 9.0% |
Notable Dividend: 778's dividend (8.84%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.25%).
High Dividend: 778's dividend (8.84%) is in the top 25% of dividend payers in the Hong Kong market (7.92%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (75.1%), 778's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.2%), 778's dividend payments are covered by cash flows.