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China New Town Development CoHKSE:01278 -4.23% Dividend Yield % is 5.77% as of Sep. 01, 2026, which is 24% above its 10-year median of 4.65. The stock has 6 warning signs investors should review. Among 855 Real Estate companies, China New Town Development Co ranks better than 78.48% on this metric.
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of China New Town Development Co Ltd is 0.75, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of China New Town Development Co was 1.67. The lowest was 0.20. And the median was 0.55.
During the past 12 months, China New Town Development Co's average Dividends Per Share Growth Rate was 100.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of China New Town Development Co was -26.30% per year. The lowest was -26.30% per year. And the median was -26.30% 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.
China New Town Development Co (HKSE:01278) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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.
* 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.
China New Town Development Co Dividend Yield % Chart
China New Town Development Co Dividend Yield % Competitor Comparison
For the Real Estate - Development subindustry, China New Town Development Co's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.
China New Town Development Co Dividend Yield % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, China New Town Development Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where China New Town Development Co's Dividend Yield % falls into.
China New Town Development Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
China New Town Development Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
HKD 0.002500
2026-06-29
2026-07-02
2026-07-27
Cash Dividend
semi-annually
HKD:HKD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
* 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.
China New Town Development Co (HKSE:01278) has a Dividend Yield % of 5.77% as of Sep. 01, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on China New Town Development Co and its competitors. This is 24% above median its historical median of 4.65. Over the past decade, China New Town Development Co's Dividend Yield % has ranged from 2.19 to 10.00. According to the industry distribution chart, China New Town Development Co ranks #184 out of 855 companies in the Real Estate industry, placing it in the top 21.5%.
Is China New Town Development Co's Dividend Yield % too high?
China New Town Development Co's current Dividend Yield % of 5.77% is 24% above median its 10-year median of 4.65. Over the past 10 years, this metric has ranged from a low of 2.19 to a high of 10.00. The Real Estate industry median Dividend Yield % is 3.48. China New Town Development Co's value of 5.77% is 65.8% above this industry median. Based on the distribution chart, China New Town Development Co ranks #184 out of 855 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers.
How does China New Town Development Co's Dividend Yield % compare to competitors?
According to the Real Estate industry distribution chart, China New Town Development Co ranks #184 out of 855 companies for Dividend Yield %. This places China New Town Development Co in the top 22% of its industry — outperforming the majority of peers. The industry median Dividend Yield % is 3.48. China New Town Development Co's value of 5.77% is 65.8% above this benchmark. Historically, China New Town Development Co's own Dividend Yield % has ranged from 2.19 to 10.00 over the past decade. While the company's 10-year median is 4.65 vs. the industry median of 3.48, China New Town Development Co has consistently been above 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 Yield % for a Real Estate company?
The median Dividend Yield % among Real Estate companies is 3.48, based on 855 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China New Town Development Co's current Dividend Yield % of 5.77% is 65.8% above 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 Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on China New Town Development Co and its competitors. For the Real Estate industry, the median Dividend Yield % is 3.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China New Town Development Co's current Dividend Yield % is 5.77%, which is 24% above median its own 10-year median of 4.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China New Town Development Co stock overvalued right now?
Based on GuruFocus' analysis, China New Town Development Co (HKSE:01278) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.07, compared to a current price of HK$0.07 — trading 2.9% below its estimated fair value. The current Dividend Yield % is 5.77%, which is 24% above median its 10-year median of 4.65 and 65.8% above the Real Estate industry median of 3.48. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For China New Town Development Co (HKSE:01278), the current Dividend Yield % is 5.77% as of Sep. 01, 2026. 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.
China New Town Development Co Ltd is engaged in urbanization investment and real estate-related businesses in Mainland China. The company has four operating segments: Urbanization Investment, Property Leasing, Building Construction, and Others. The Urbanization Investment segment is responsible for fixed-income projects related to new-type urbanization. The Property Leasing segment provides leasing services for investment properties, while the Building Construction segment is engaged in the construction of ancillary public facilities. The Others segment includes the provision of other services. The company derives the majority of its revenue from the Urbanization Investment segment.
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