MTR (MTCPY) Dividend Payout Ratio

: 0.81 (As of Dec. 2023)

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MTR's dividend payout ratio for the months ended in Dec. 2023 was 0.81.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of MTR Corp Ltd is 1.27, which seems too high.

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

MTCPY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.46 Med: 0.67 Max: 1.73
Current: 1.27

During the past 13 years, the highest Dividend Payout Ratio of MTR was 1.73. The lowest was 0.46. And the median was 0.67.

MTCPY's Dividend Payout Ratio is ranked worse than
91.97% of 523 companies
in the Transportation industry
Industry Median: 0.4 vs MTCPY: 1.27

As of today (2024-04-16), the Dividend Yield % of MTR is 5.40%.

During the past 13 years, the highest Trailing Annual Dividend Yield of MTR was 5.41%. The lowest was 2.06%. And the median was 2.69%.

MTR's Dividends per Share for the months ended in Dec. 2023 was $0.16.

During the past 12 months, MTR's average Dividends Per Share Growth Rate was -9.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of MTR was 20.50% per year. The lowest was 2.10% per year. And the median was 6.30% per year.

The growth rate is calculated with least square regression.

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

MTR Dividend Payout Ratio Historical Data

The historical data trend for MTR'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.

MTR Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.70

1.73

0.68

0.84

1.27

MTR 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																0.22	0.88	0.74	1.75	0.81

Competitive Comparison

For the Railroads subindustry, MTR'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.

MTR Dividend Payout Ratio Distribution

For the Transportation industry and Industrials sector, MTR's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where MTR's Dividend Payout Ratio falls into.

MTR Dividend Payout Ratio Calculation

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

MTR'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 )
	=	0.504	/	0.396
	=	1.27

MTR'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 )
	=	0.161	/	0.2
	=	0.81

MTR (OTCPK:MTCPY) 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.

MTR Dividend Payout Ratio Related Terms

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

MTR (MTCPY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MTR Corp Ltd (OTCPK:MTCPY) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

MTRJF:USA 00066:Hong Kong MRI:Germany

Address

33 Wai Yip Street, MTR Headquarters Building, GPO Box 9916, Telford Plaza, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.mtr.com.hk

MTR constructs and operates Hong Kong's rail network, giving it a monopoly position. In addition to rail operation, the firm makes recurring income from commercial business within the stations. This includes rental of retail outlets and advertisement within the station and investment properties in shopping malls above stations. Residential real estate development forms part of MTR's return for the rail operation. Average operating profit, in a normalized environment, is approximately 20% in rail operation, 60% in station commercial and property leasing business, and 20% in property development. The Hong Kong government owns 75% of MTR.