HK Electric Investments and HK Electric Investments (HKSE:02638) Dividend Payout Ratio : 0.79 (As of Dec. 2023)

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What is HK Electric Investments and HK Electric Investments Dividend Payout Ratio?

HK Electric Investments and HK Electric Investments's dividend payout ratio for the months ended in Dec. 2023 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 HK Electric Investments and HK Electric Investments Ltd is 0.89, which seems too high.

The historical rank and industry rank for HK Electric Investments and HK Electric Investments's Dividend Payout Ratio or its related term are showing as below:

HKSE:02638' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.4 Med: 0.99 Max: 1.18
Current: 0.89

During the past 11 years, the highest Dividend Payout Ratio of HK Electric Investments and HK Electric Investments was 1.18. The lowest was 0.40. And the median was 0.99.

HKSE:02638's Dividend Payout Ratio is ranked worse than
84.15% of 366 companies
in the Utilities - Regulated industry
Industry Median: 0.53 vs HKSE:02638: 0.89

As of today (2024-04-26), the Dividend Yield % of HK Electric Investments and HK Electric Investments is 6.81%.

During the past 11 years, the highest Trailing Annual Dividend Yield of HK Electric Investments and HK Electric Investments was 7.42%. The lowest was 2.52%. And the median was 5.19%.

HK Electric Investments and HK Electric Investments's Dividends per Share for the months ended in Dec. 2023 was HK$0.16.

During the past 5 years, the average Dividends Per Share Growth Rate was -4.10% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of HK Electric Investments and HK Electric Investments was 34.30% per year. The lowest was -7.20% per year. And the median was -3.65% per year.

The growth rate is calculated with least square regression.

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

HK Electric Investments and HK Electric Investments Dividend Payout Ratio Historical Data

The historical data trend for HK Electric Investments and HK Electric Investments'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.

HK Electric Investments and HK Electric Investments Dividend Payout Ratio Chart

HK Electric Investments and HK Electric Investments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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1.18

1.05

0.83

0.94

0.89

HK Electric Investments and HK Electric Investments 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															0.73	1.14	0.81	1.02	0.79

Competitive Comparison of HK Electric Investments and HK Electric Investments's Dividend Payout Ratio

For the Utilities - Regulated Electric subindustry, HK Electric Investments and HK Electric Investments'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.

HK Electric Investments and HK Electric Investments's Dividend Payout Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, HK Electric Investments and HK Electric Investments's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where HK Electric Investments and HK Electric Investments's Dividend Payout Ratio falls into.

HK Electric Investments and HK Electric Investments Dividend Payout Ratio Calculation

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

HK Electric Investments and HK Electric Investments'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 )
	=	0.32	/	0.36
	=	0.89

HK Electric Investments and HK Electric Investments'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 )
	=	0.159	/	0.202
	=	0.79

HK Electric Investments and HK Electric Investments (HKSE:02638) 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.

HK Electric Investments and HK Electric Investments Dividend Payout Ratio Related Terms

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

HK Electric Investments and HK Electric Investments (HKSE:02638) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » HK Electric Investments and HK Electric Investments Ltd (HKSE:02638) » Definitions » Dividend Payout Ratio

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HKVTY:USA HKCVF:USA HKT:Germany

Address

44 Kennedy Road, Hong Kong Electric Centre, Hong Kong, HKG

Website

https://www.hkelectric.com

HK ELECTRIC INVESTMENTS LIMITED is a fixed single investment trust in Hong Kong with a focus on the power industry. The Company is a vertically integrated power utility and its operations comprise the generation, transmission, distribution and supply of electricity to Hong Kong Island and Lamma Island. Its principal operating subsidiary is The Hongkong Electric Company, Limited (HEC). HEC's sole power generation facility is the Lamma Power Station which has an aggregate installed capacity of approximately 3,700 megawatt (MW). The Company provides electricity to approximately 568,000 registered customers on Hong Kong Island and Lamma Island.

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