Power Assets Holdings Dividend
Dividend criteria checks 3/6
Power Assets Holdings is a dividend paying company with a current yield of 6.26%. Next payment date is on 11th June, 2024 with an ex-dividend date of 27th May, 2024.
Key information
6.3%
Dividend yield
100%
Payout ratio
Industry average yield | 5.7% |
Next dividend pay date | 11 Jun 24 |
Ex dividend date | 27 May 24 |
Dividend per share | n/a |
Earnings per share | HK$2.82 |
Dividend yield forecast in 3Y | 6.3% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6's dividends per share have been stable in the past 10 years.
Growing Dividend: 6's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Power Assets Holdings Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6) | 6.3% |
Market Bottom 25% (HK) | 3.2% |
Market Top 25% (HK) | 8.0% |
Industry Average (Electric Utilities) | 5.7% |
Analyst forecast in 3 Years (6) | 6.3% |
Notable Dividend: 6's dividend (6.26%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 6's dividend (6.26%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.02%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (100.1%), 6's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (529%), 6's dividend payments are not well covered by cash flows.