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.
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.
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.
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.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Hang Lung Properties Dividend Yield % Historical Data
The historical data trend for Hang Lung Properties's Dividend Yield % can be seen below:
* 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.
Competitive Comparison of Hang Lung Properties's Dividend Yield %
For the Real Estate Services subindustry, Hang Lung Properties's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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's Dividend Yield % Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Hang Lung Properties's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Hang Lung Properties's Dividend Yield % falls into.
Hang Lung Properties Dividend Yield % Calculation
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 0.115
2023-09-11
2023-09-12
2023-10-10
Cash Dividend
semi-annually
USD:USD 1.000000
USD 0.383
2023-05-02
2023-05-03
2023-05-30
Cash Dividend
semi-annually
USD: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 Trailing Annual Dividend Yield (%) for Today is calculated as
* 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 (OTCPK:HLPPY) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Hang Lung Properties Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Hang Lung Properties's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Hang Lung Properties (Hang Lung Properties) Business Description
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.
Hang Lung Properties (Hang Lung Properties) Headlines
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