HGKGF (Power Assets Holdings) Dividend Payout Ratio: 0.52 (As of Dec. 2025) — 46% Below Median


HGKGF Power Assets Holdings Ltd HGKGF
67 GF Score
Price $8.57
GF Value $4.25
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Power Assets Holdings Dividend Payout Ratio?

Power Assets Holdings HGKGF 67 Dividend Payout Ratio is 0.52 as of Dec. 2025, which is 46% below its 10-year median of 0.97. GuruFocus rates HGKGF with a GF Score™ of 67/100 and a GF Value™ of $4.25 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 180 Utilities - Independent Power Producers companies, Power Assets Holdings ranks worse than 85% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Power Assets Holdings's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.52.

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 0.96, which seems too high.

The historical rank and industry rank for Power Assets Holdings's Dividend Payout Ratio or its related term are showing as below:

HGKGF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.78   Med: 0.97   Max: 1.06
Current: 0.96

During the past 13 years, the highest Dividend Payout Ratio of Power Assets Holdings was 1.06. The lowest was 0.78. And the median was 0.97.

HGKGF's Dividend Payout Ratio is ranked worse than
85% of 180 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.44 vs HGKGF: 0.96

As of today (2026-07-03), the Dividend Yield % of Power Assets Holdings is 4.21%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Power Assets Holdings was 7.91%. The lowest was 3.47%. And the median was 5.47%.

Power Assets Holdings's Dividends per Share for the months ended in Dec. 2025 was $0.10.

During the past 5 years, the average Dividends Per Share Growth Rate was 0.10% 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 Power Assets Holdings was 6.80% per year. The lowest was 0.00% per year. And the median was 1.00% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Power Assets Holdings (OTCPK:HGKGF) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Power Assets Holdings Dividend Payout Ratio Related Terms

Power Assets Holdings Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Power Assets Holdings's Dividend Payout Ratio 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.

Power Assets Holdings Dividend Payout Ratio Chart

Power Assets Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 1.07 1.00 0.98 0.96

Power Assets Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.55 1.44 0.53 1.43 0.52

HGKGF vs CEG, VST, NRG: Dividend Payout Ratio Comparison

For the Utilities - Independent Power Producers subindustry, Power Assets Holdings's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Power Assets Holdings's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Power Assets Holdings's Dividend Payout Ratio falls into.


HGKGF
67GF Score
Power Assets Holdings Ltd HGKGF
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Power Assets Holdings Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Power Assets Holdings's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=0.362/ 0.377
=0.96

Power Assets Holdings's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2025 )/ EPS without NRI (Q: Dec. 2025 )
=0.1/ 0.193
=0.52

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.52 mean?
Power Assets Holdings (HGKGF) has a Dividend Payout Ratio of 0.52 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Power Assets Holdings and its competitors. This is 46% below median its historical median of 0.97. Over the past decade, Power Assets Holdings' Dividend Payout Ratio has ranged from 0.78 to 1.06. According to the industry distribution chart, Power Assets Holdings ranks #153 out of 180 companies in the Utilities - Independent Power Producers industry, placing it in the top 85%.
Is Power Assets Holdings' Dividend Payout Ratio too high?
Power Assets Holdings' current Dividend Payout Ratio of 0.52 is 46% below median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 1.06. The Utilities - Independent Power Producers industry median Dividend Payout Ratio is 0.44. Power Assets Holdings' value of 0.52 is 18.2% above this industry median. Based on the distribution chart, Power Assets Holdings ranks #153 out of 180 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Power Assets Holdings has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Power Assets Holdings' Dividend Payout Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Power Assets Holdings ranks #153 out of 180 companies for Dividend Payout Ratio. This places Power Assets Holdings in the lower half of its industry. The industry median Dividend Payout Ratio is 0.44. Power Assets Holdings' value of 0.52 is 18.2% above this benchmark. Historically, Power Assets Holdings' own Dividend Payout Ratio has ranged from 0.78 to 1.06 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 0.44, Power Assets Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Utilities - Independent Power Producers company?
The median Dividend Payout Ratio among Utilities - Independent Power Producers companies is 0.44, based on 180 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Power Assets Holdings's current Dividend Payout Ratio of 0.52 is 18.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Power Assets Holdings and its competitors. For the Utilities - Independent Power Producers industry, the median Dividend Payout Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Power Assets Holdings's current Dividend Payout Ratio is 0.52, which is 46% below median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Power Assets Holdings stock overvalued right now?
Based on GuruFocus' analysis, Power Assets Holdings (HGKGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.25, compared to a current price of $8.57 — trading 101.6% above its estimated fair value. The current Dividend Payout Ratio is 0.52, which is 46% below median its 10-year median of 0.97 and 18.2% above the Utilities - Independent Power Producers industry median of 0.44. Power Assets Holdings' overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Power Assets Holdings (HGKGF), the current Dividend Payout Ratio is 0.52 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Power Assets Holdings (HGKGF) Overvalued in 2026?

Based on GuruFocus' analysis, Power Assets Holdings stock appears to be overvalued. The current stock price of $8.57 is trading 101.6% above its estimated GF Value™ of $4.25. GuruFocus considers Power Assets Holdings to be Significantly Overvalued.

Key valuation signals for HGKGF:

  • Dividend Payout Ratio: 0.52 (46% below median its 10-year median of 0.97)
  • GF Value™: $4.25 vs. price of $8.57 (101.6% above fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 18.2% above the Utilities - Independent Power Producers median (#153 of 180)

No single metric tells the full story. See the HGKGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Power Assets Holdings Business Description

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 UK, Australia, Canada, the Netherlands, Thailand, and New Zealand. Profit from its regulated assets contributes around 80% of total income, with earnings from its UK and Australian assets totaling around 65% of group profit. The firm is part of CK Hutchison Holdings, a Hong Kong-based multinational conglomerate, and is currently 36% owned by CKI Holdings.
67GF Score

Get the complete analysis for HGKGF

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.57
Price
$4.25
GF Value