Prosperity Real Estate Investment Trust Dividend
Dividend criteria checks 4/6
Prosperity Real Estate Investment Trust is a dividend paying company with a current yield of 9.74% that is well covered by earnings.
Key information
9.7%
Dividend yield
1.9%
Buyback Yield
| Total Shareholder Yield | 11.6% |
| Future Dividend Yield | 9.9% |
| Dividend Growth | 5.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.128 |
| Payout ratio | 73% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 808's dividend payments have been volatile in the past 10 years.
Growing Dividend: 808's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Prosperity Real Estate Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (808) | 9.7% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 7.9% |
| Industry Average (Office REITs) | 5.4% |
| Analyst forecast (808) (up to 3 years) | 9.9% |
Notable Dividend: 808's dividend (9.74%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.25%).
High Dividend: 808's dividend (9.74%) is in the top 25% of dividend payers in the Hong Kong market (7.92%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.2%), 808's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67%), 808's dividend payments are covered by cash flows.