HLPPF (Hang Lung Properties) Dividend Payout Ratio: 0.37 (As of Dec. 2025) — 54% Below Median

What is Hang Lung Properties Dividend Payout Ratio?

Hang Lung Properties HLPPF 70 Dividend Payout Ratio is 0.37 as of Dec. 2025, which is 54% below its 10-year median of 0.81. GuruFocus rates HLPPF with a GF Score™ of 70/100 and a GF Value™ of $1.29 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 696 Real Estate companies, Hang Lung Properties ranks worse than 78.16% 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. Hang Lung Properties's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.37.

Warning Sign:

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 0.80, which seems too high.

The historical rank and industry rank for Hang Lung Properties's Dividend Payout Ratio or its related term are showing as below:

HLPPF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.53 Med: 0.81 Max: 1.08
Current: 0.8

During the past 13 years, the highest Dividend Payout Ratio of Hang Lung Properties was 1.08. The lowest was 0.53. And the median was 0.81.

HLPPF's Dividend Payout Ratio is ranked worse than
78.16% of 696 companies
in the Real Estate industry
Industry Median: 0.41 vs HLPPF: 0.80

As of today (2026-07-03), the Dividend Yield % of Hang Lung Properties is 5.73%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Hang Lung Properties was 14.47%. The lowest was 3.39%. And the median was 4.73%.

Hang Lung Properties's Dividends per Share for the months ended in Dec. 2025 was $0.02.

During the past 12 months, Hang Lung Properties's average Dividends Per Share Growth Rate was -27.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -12.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -5.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -1.70% 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 -12.60% per year. And the median was 1.50% 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.

Hang Lung Properties (OTCPK:HLPPF) 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.

Hang Lung Properties Dividend Payout Ratio Related Terms

Hang Lung Properties Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Hang Lung Properties'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.

Hang Lung Properties Dividend Payout Ratio Chart

Hang Lung Properties Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

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0.80

0.84

0.85

1.08

0.80

Hang Lung Properties 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															0.42	2.66	0.50	1.21	0.37

HLPPF vs CBRE, BEKE, JLL: Dividend Payout Ratio Comparison

For the Real Estate Services subindustry, Hang Lung Properties'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.

Hang Lung Properties Dividend Payout Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Hang Lung Properties's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Hang Lung Properties's Dividend Payout Ratio falls into.

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70GF Score

Hang Lung Properties Ltd HLPPF

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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Hang Lung Properties Dividend Payout Ratio Calculation

Hang Lung Properties'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 )
	=	0.067	/	0.084
	=	0.80

Hang Lung Properties'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 )
	=	0.015	/	0.041
	=	0.37

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.37 mean?

Hang Lung Properties (HLPPF) has a Dividend Payout Ratio of 0.37 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Hang Lung Properties and its competitors. This is 54% below median its historical median of 0.81. Over the past decade, Hang Lung Properties' Dividend Payout Ratio has ranged from 0.53 to 1.08. According to the industry distribution chart, Hang Lung Properties ranks #544 out of 696 companies in the Real Estate industry, placing it in the top 78.2%.

Is Hang Lung Properties' Dividend Payout Ratio too high?

Hang Lung Properties' current Dividend Payout Ratio of 0.37 is 54% below median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 1.08. The Real Estate industry median Dividend Payout Ratio is 0.41. Hang Lung Properties' value of 0.37 is 9.8% below this industry median. Based on the distribution chart, Hang Lung Properties ranks #544 out of 696 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Hang Lung Properties has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Hang Lung Properties' Dividend Payout Ratio compare to CBRE and BEKE?

According to the Real Estate industry distribution chart, Hang Lung Properties ranks #544 out of 696 companies for Dividend Payout Ratio. This places Hang Lung Properties in the lower half of its industry. The industry median Dividend Payout Ratio is 0.41. Hang Lung Properties' value of 0.37 is 9.8% below this benchmark. Historically, Hang Lung Properties' own Dividend Payout Ratio has ranged from 0.53 to 1.08 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 0.41, Hang Lung Properties has consistently been below 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 a Real Estate company?

The median Dividend Payout Ratio among Real Estate companies is 0.41, based on 696 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. Hang Lung Properties's current Dividend Payout Ratio of 0.37 is 9.8% below 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 Hang Lung Properties and its competitors. For the Real Estate industry, the median Dividend Payout Ratio is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hang Lung Properties's current Dividend Payout Ratio is 0.37, which is 54% below median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Hang Lung Properties stock overvalued right now?

Based on GuruFocus' analysis, Hang Lung Properties (HLPPF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.29, compared to a current price of $1.16 — trading 10.1% below its estimated fair value. The current Dividend Payout Ratio is 0.37, which is 54% below median its 10-year median of 0.81 and 9.8% below the Real Estate industry median of 0.41. Hang Lung Properties' overall GF Score™ is 70/100 with 7 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 Hang Lung Properties (HLPPF), the current Dividend Payout Ratio is 0.37 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 Hang Lung Properties (HLPPF) Overvalued in 2026?

Based on GuruFocus' analysis, Hang Lung Properties stock appears to be undervalued. The current stock price of $1.16 is trading 10.1% below its estimated GF Value™ of $1.29. GuruFocus considers Hang Lung Properties to be Modestly Undervalued.

Key valuation signals for HLPPF:

Dividend Payout Ratio: 0.37 (54% below median its 10-year median of 0.81)
GF Value™: $1.29 vs. price of $1.16 (10.1% below fair value)
GF Score™: 70/100 with 7 warning signs
Industry Position: 9.8% below the Real Estate median (#544 of 696)

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

Hang Lung Properties Business Description

Industry Real Estate Real Estate

Comparable Companies HKSE:02602 HKSE:00010 HKSE:00014 HKSE:06098 HKSE:06049 HKSE:02869 HKSE:01686 HKSE:02669 HKSE:01528 HKSE:06666 STC:VIC CBRE ISX:DCII XMAD:CLNX XTER:VNA TSE:8830 XTAE:AZRG BEKE HKSE:01972 JLL

Other Exchanges HLPPY:USA 00101:Hong Kong AOP:Germany

Address 4 Des Voeux Road Central, 28th Floor, Standard Chartered Bank Building, Hong Kong, HKG

Website https://www.hanglung.com

Hung Lung Properties, or HLP, is the property arm of Hang Lung Group Limited and primarily operates premium commercial properties in mainland China and Hong Kong. The company also develops and sells residential properties in both regions. Most of its revenue is generated from mainland China, with focus on retail malls in Tier 1 and 2 cities including Shanghai, Wuxi, Hangzhou, Wuhan, Kunming, Jinan, Dalian, Shenyang and Tianjin. The company is 59% owned by Hang Lung Group.

70GF Score

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

$1.16

Price

$1.29

GF Value

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