Hang Lung Properties (Hang Lung Properties) Dividend Payout Ratio

: 0.42 (As of Dec. 2023)

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Hang Lung Properties's dividend payout ratio for the months ended in Dec. 2023 was 0.42.

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 0.85, 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: 0.34 Med: 0.79 Max: 0.85
Current: 0.85

During the past 13 years, the highest Dividend Payout Ratio of Hang Lung Properties was 0.85. The lowest was 0.34. And the median was 0.79.

HLPPF's Dividend Payout Ratio is ranked worse than
77.65% of 716 companies
in the Real Estate industry
Industry Median: 0.42 vs HLPPF: 0.85

As of today (2024-04-18), the Dividend Yield % of Hang Lung Properties is 9.72%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Hang Lung Properties was 9.73%. The lowest was 1.75%. And the median was 4.15%.

Hang Lung Properties's Dividends per Share for the months ended in Dec. 2023 was $0.02.

During the past 3 years, the average Dividends Per Share Growth Rate was 0.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.90% 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 Hang Lung Properties was 12.80% per year. The lowest was -12.30% per year. And the median was 2.60% per year.

The growth rate is calculated with least square regression.

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

Hang Lung Properties Dividend Payout Ratio Historical Data

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.

* Premium members only.

Hang Lung Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.76

0.18

0.80

0.84

0.85

Hang Lung Properties 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																0.37	1.23	0.40	1.22	0.42

Competitive 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 Distribution

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.

Hang Lung Properties Dividend Payout Ratio Calculation

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

Hang Lung Properties'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 )
	=	0.1	/	0.118
	=	0.85

Hang Lung Properties'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 )
	=	0.023	/	0.055
	=	0.42

Hang Lung Properties (OTCPK:HLPPF) 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.

Hang Lung Properties Dividend Payout Ratio Related Terms

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

Hang Lung Properties (Hang Lung Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hang Lung Properties Ltd (OTCPK:HLPPF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in 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 is the property arm of Hang Lung Group. The company primarily operates in Hong Kong and China where it develops and invests in a portfolio of commercial properties for rental income as well as develop residential properties for sale. Most of its revenue is generated in China where it focuses on retail malls in Tier 1 and 2 cities such as Shanghai, Wuxi, Hangzhou, Wuhan, Kunming Jinan, Dalian, Shenyang, and Tianjin. As such, investors view the company as a proxy for China's overall retail growth. The company is 59% owned by Hang Lung Group, and led by Ronnie Chan, who has been the chairman of the company since 1991.