Power Assets Holdings Dividend
Dividend criteria checks 4/6
Power Assets Holdings is a dividend paying company with a current yield of 6.2%. Next payment date is on 11th June, 2024 with an ex-dividend date of 27th May, 2024.
Key information
6.2%
Dividend yield
100%
Payout ratio
| Industry average yield | 3.4% |
| Next dividend pay date | 11 Jun 24 |
| Ex dividend date | 27 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$2.82 |
| Dividend yield forecast in 3Y | 6.3% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HGKG.F's dividends per share have been stable in the past 10 years.
Growing Dividend: HGKG.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Power Assets Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HGKG.F) | 6.2% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Electric Utilities) | 3.4% |
| Analyst forecast in 3 Years (HGKG.F) | 6.3% |
Notable Dividend: HGKG.F's dividend (6.2%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: HGKG.F's dividend (6.2%) is in the top 25% of dividend payers in the US market (4.7%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (100.1%), HGKG.F's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (529%), HGKG.F's dividend payments are not well covered by cash flows.