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Hang Lung Properties (Hang Lung Properties) 3-Year Dividend Growth Rate

: 0.90% (As of Dec. 2023)
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Hang Lung Properties's Dividends per Share for the six months ended in Dec. 2023 was $0.12.

The historical rank and industry rank for Hang Lung Properties's 3-Year Dividend Growth Rate or its related term are showing as below:

HLPPY' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -12.3   Med: 2.6   Max: 12.8
Current: 0.9

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hang Lung Properties was 12.80% per year. The lowest was -12.30% per year. And the median was 2.60% per year.

HLPPY's 3-Year Dividend Growth Rate is ranked worse than
60.42% of 571 companies
in the Real Estate industry
Industry Median: 4.7 vs HLPPY: 0.90

During the past 3 years, the average Dividends Per Share Growth Rate was 0.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 0.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Hang Lung Properties's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.42. As of today, Hang Lung Properties's Dividend Yield % is 9.54%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hang Lung Properties Ltd is 0.85, which seems too high.

Good Sign:

Hang Lung Properties Ltd stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Real Estate Services subindustry, Hang Lung Properties's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hang Lung Properties 3-Year Dividend Growth Rate Distribution

For the Real Estate industry and Real Estate sector, Hang Lung Properties's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Hang Lung Properties's 3-Year Dividend Growth Rate falls into.



Hang Lung Properties 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Hang Lung Properties  (OTCPK:HLPPY) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Hang Lung Properties's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.115/ 0.275
=0.42

During the past 13 years, the highest Dividend Payout Ratio of Hang Lung Properties was 0.85. The lowest was 0.34. And the median was 0.79.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hang Lung Properties Ltd is 0.85, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Hang Lung Properties Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1152023-09-112023-09-122023-10-10Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 0.3832023-05-022023-05-032023-05-30Cash Dividendsemi-annuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Hang Lung Properties's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.498/5.22
=9.54 %

Current Share Price is $5.22.
Hang Lung Properties's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.498.

During the past 13 years, the highest Dividend Yield of Hang Lung Properties was 9.73%. The lowest was 1.75%. And the median was 4.15%.

Good Sign:

Hang Lung Properties Ltd stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hang Lung Properties 3-Year Dividend Growth Rate Related Terms>


Hang Lung Properties (Hang Lung Properties) Business Description

Traded in Other Exchanges
Address
4 Des Voeux Road Central, 28th Floor, Standard Chartered Bank Building, Hong Kong, HKG
Hung Lung Properties is the property arm of Hang Lung Group. The company primarily operates in Hong Kong and China where it develops and invests in a portfolio of commercial properties for rental income as well as develop residential properties for sale. Most of its revenue is generated in China where it focuses on retail malls in Tier 1 and 2 cities such as Shanghai, Wuxi, Hangzhou, Wuhan, Kunming Jinan, Dalian, Shenyang, and Tianjin. As such, investors view the company as a proxy for China's overall retail growth. The company is 59% owned by Hang Lung Group, and led by Ronnie Chan, who has been the chairman of the company since 1991.