Power Assets Holdings (HKSE:00006) Dividend Payout Ratio : 0.55 (As of Dec. 2023)

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What is Power Assets Holdings Dividend Payout Ratio?

Power Assets Holdings's dividend payout ratio for the months ended in Dec. 2023 was 0.55.

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.

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

HKSE:00006' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.68 Med: 0.87 Max: 1.06
Current: 1

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.

HKSE:00006's Dividend Payout Ratio is ranked worse than
81.87% of 193 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.39 vs HKSE:00006: 1.00

As of today (2024-04-26), the Dividend Yield % of Power Assets Holdings is 6.20%.

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

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

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.

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.

The growth rate is calculated with least square regression.

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

Power Assets Holdings Dividend Payout Ratio Historical Data

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.

* Premium members only.

Power Assets Holdings Dividend Payout Ratio Chart

Power Assets Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.84

0.98

1.06

1.00

Power Assets Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.46	1.51	0.60	1.47	0.55

Competitive Comparison of Power Assets Holdings's Dividend Payout Ratio

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's Dividend Payout Ratio Distribution in the 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.

Power Assets Holdings Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Power Assets Holdings's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2.82	/	2.82
	=	1.00

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

Power Assets Holdings (HKSE:00006) Dividend Payout Ratio Explanation

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.

Power Assets Holdings Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Power Assets Holdings's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Power Assets Holdings (HKSE:00006) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Power Assets Holdings Ltd (HKSE:00006) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

HGKGY:USA HGKGF:USA HEH:Germany

Address

2 Queen's Road Central, Unit 2005, 20th Floor, Cheung Kong Center, Hong Kong, HKG

Website

https://www.powerassets.com

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.

Power Assets Holdings (HKSE:00006) Headlines

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