Fortune Real Estate Investment Trust Dividend
Dividend criteria checks 6/6
Fortune Real Estate Investment Trust is a dividend paying company with a current yield of 10.27% that is well covered by earnings.
Key information
10.3%
Dividend yield
75%
Payout ratio
Industry average yield | 6.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | -HK$0.077 |
Dividend yield forecast in 3Y | 10.6% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 778's dividends per share have been stable 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 |
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Segment | Dividend Yield |
---|---|
Company (778) | 10.3% |
Market Bottom 25% (HK) | 3.2% |
Market Top 25% (HK) | 7.8% |
Industry Average (Retail REITs) | 6.4% |
Analyst forecast in 3 Years (778) | 10.6% |
Notable Dividend: 778's dividend (10.27%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.16%).
High Dividend: 778's dividend (10.27%) is in the top 25% of dividend payers in the Hong Kong market (7.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.6%), 778's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (70.2%), 778's dividend payments are covered by cash flows.