Hang Lung Group Dividend yield




   HKD/share 
 Price  13.30
 Dividend  0.86
 Earnings  1.90
 Cash-flow  1.27
 Book value  66.50
 Equity  67.86

Hang Lung Group is part of Real Estate Investment and Services business, which is part of Financials industry. Hang Lung Group is a company from Hong-Kong, and his stocks are publicly traded.

Hang Lung Group paid a total dividend of 1,171 million HKD last year, for a market value of 18,115 millions (Market Cap 11,590 millions). Dividend per share of Hang Lung Group is 0.86 HKD, and his stock market price 13.30 HKD.

According to the chart below, where dividend yield is displayed, Hang Lung Group has a dividend yield of 6.47%, which is higher than the amount offered by both the market average and companies from Hong-Kong. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Hang Lung Group dividend yield with other Real Estate Investment and Services companies or firms from Hong-Kong.

Dividend yield of Hang Lung Group

Hang Lung Group Dividend Payout

About the ability of Hang Lung Group to maintain his current dividend of HKD 0.86 per share, an amount that accounts for 6.47%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Hang Lung Group payout on ernings is currently 45.26%, which is higher than the market average, and companies of Financials industry, which are 40.22% and 45.20% respectively. Both figures show that Hang Lung Group can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Hang Lung Group is HKD 1.27 per share, which is higher than the dividend per share paid by the company of HKD 0.86, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Hang Lung Group, compared againt world market average, Hong-Kong companies, Financials industry and Real Estate Investment and Services sector companies.

Hang Lung Group payout

Hang Lung Group Dividend History

Year Yield  HKD  Paypout  Shares* 
Present6.47%0.8645.26%1,362
20215.04%0.84-74.34%1,362
20204.25%0.8216.60%1,362
20194.15%0.8020.78%1,362
20184.01%0.8020.46%1,362
20172.78%0.8029.20%1,362
20162.81%0.8033.61%1,355

*In millions

Hang Lung Group Stock performance

Finally, last moth Hang Lung Group showed a return of -6.10% compared to a worldwide -0.44% average, and a -0.34% of Financials firms. Over the last year, the company obtained a -31.70% versus a worldwide performance of a -6.34%. More detailed information can be seen in the following graph for Hong-Kong and Real Estate Investment and Services firms.

Hang Lung Group stock and market return