Hang Lung Properties Dividend yield




   HKD/share 
 Price  17.76
 Dividend  0.77
 Earnings  -0.57
 Cash-flow  0.50
 Book value  29.60
 Equity  30.00

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

Hang Lung Properties paid a total dividend of 3,463 million HKD last year, for a market value of 79,884 millions (Market Cap 35,950 millions). Dividend per share of Hang Lung Properties is 0.77 HKD, and his stock market price 17.76 HKD.

According to the chart below, where dividend yield is displayed, Hang Lung Properties has a dividend yield of 4.34%, 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 Properties dividend yield with other Real Estate Investment and Services companies or firms from Hong-Kong.

Dividend yield of Hang Lung Properties

Hang Lung Properties Dividend Payout

About the ability of Hang Lung Properties to maintain his current dividend of HKD 0.77 per share, an amount that accounts for 4.34%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Hang Lung Properties payout on ernings is currently -135.09%, which is lower than the market average and companies of Financials industry, which are 39.27% and 39.00% respectively. Both figures lead us to believe that there is confidence that Hang Lung Propertiescan maintain his current dividend.

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 Properties is HKD 0.50 per share, which is lower than the dividend per share paid by the company of HKD 0.77, so the company does not generate enough cash to maintain his dividend in the future.

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

Hang Lung Properties payout

Hang Lung Properties Dividend History

Year Yield  HKD  Paypout  Shares* 
Present4.34%0.77-135.09%4,498
20203.72%0.7655.47%4,498
20194.39%0.7541.67%4,498
20185.03%0.7541.67%4,498
20173.93%0.7554.74%4,498
20164.29%0.7565.79%4,464
20154.19%0.7628.90%4,464

*In millions

Hang Lung Properties Stock performance

Finally, last moth Hang Lung Properties showed a return of -4.90% compared to a worldwide -1.33% average, and a -1.33% of Financials firms. Over the last year, the company obtained a -9.30% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Hong-Kong and Real Estate Investment and Services firms.

Hang Lung Properties stock and market return