Power Assets Holdings is a dividend paying company with a current yield of 5.97%. Next payment date is on 11th June, 2024 with an ex-dividend date of 27th May, 2024.
Key information
6.0%
Dividend yield
100%
Payout ratio
Industry average yield
5.4%
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
6.0%
Recent dividend updates
Recent updates
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
How does 6 dividend yield compare to the market?
Segment
Dividend Yield
Company (6)
6.0%
Market Bottom 25% (HK)
3.0%
Market Top 25% (HK)
7.4%
Industry Average (Electric Utilities)
5.4%
Analyst forecast in 3 Years (6)
6.0%
Notable Dividend: 6's dividend (5.97%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.05%).
High Dividend: 6's dividend (5.97%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.37%).
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.