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Power Assets Holdings (HKSE:00006) 3-Year Dividend Growth Rate : 0.20% (As of Dec. 2023)


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What is Power Assets Holdings 3-Year Dividend Growth Rate?

Power Assets Holdings's Dividends per Share for the six months ended in Dec. 2023 was HK$0.78.

The historical rank and industry rank for Power Assets Holdings's 3-Year Dividend Growth Rate or its related term are showing as below:

HKSE:00006' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0.1   Med: 1.3   Max: 6.8
Current: 0.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Power Assets Holdings was 6.80% per year. The lowest was 0.10% per year. And the median was 1.30% per year.

HKSE:00006's 3-Year Dividend Growth Rate is ranked worse than
67.69% of 130 companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.65 vs HKSE:00006: 0.20

During the past 3 years, the average Dividends Per Share Growth Rate was 0.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.10% 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.

Power Assets Holdings's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.55. As of today, Power Assets Holdings's Dividend Yield % is 6.31%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Power Assets Holdings Ltd is 1.00, which seems too high.

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


Competitive Comparison of Power Assets Holdings's 3-Year Dividend Growth Rate

For the Utilities - Independent Power Producers subindustry, Power Assets Holdings'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.


Power Assets Holdings's 3-Year Dividend Growth Rate Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Power Assets Holdings's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Power Assets Holdings's 3-Year Dividend Growth Rate falls into.



Power Assets Holdings 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.


Power Assets Holdings  (HKSE:00006) 3-Year Dividend Growth Rate Explanation

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

Power Assets Holdings'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 )
=0.78/ 1.43
=0.55

During the past 13 years, the highest Dividend Payout Ratio of Power Assets Holdings was 1.06. The lowest was 0.68. And the median was 0.87.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Power Assets Holdings Ltd is 1.00, which seems too high.

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

Power Assets Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.7802023-08-312023-09-042023-09-12Cash Dividendsemi-annuallyHKD:HKD 1.000000
HKD 2.0402023-05-222023-05-232023-06-06Cash Dividendsemi-annuallyHKD:HKD 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.

Power Assets Holdings's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.82/45.45
=6.20 %

Current Share Price is HK$45.45.
Power Assets Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$2.82.

During the past 13 years, the highest Dividend Yield of Power Assets Holdings was 7.91%. The lowest was 2.96%. And the median was 4.99%.

* 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.


Power Assets Holdings 3-Year Dividend Growth Rate Related Terms>


Power Assets Holdings (HKSE:00006) Business Description

Traded in Other Exchanges
Address
2 Queen's Road Central, Unit 2005, 20th Floor, Cheung Kong Center, Hong Kong, HKG
Power Assets Holdings is an investment holding company with a focus on regulated utility assets. The firm owns a portfolio of regulated electricity and gas assets and similarly stable utilities in Hong Kong, the U.K., Australia, Canada, Europe, and New Zealand. Profit from its regulated assets make up around 80% of total income, with contribution from its U.K. and Australian assets totaling more than 60% of group profit. The firm is part of CK Hutchison Holdings, a Hong Kong-based multinational conglomerate, and is currently 36% owned by CK Infrastructure Holdings.

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