New World Developmt Dividend yield




   HKD/share 
 Price  31.85
 Dividend  2.04
 Earnings  0.81
 Cash-flow  -3.93
 Book value  79.63
 Equity  90.00

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

New World Developmt paid a total dividend of 5,182 million HKD last year, for a market value of 80,899 millions (Market Cap 45,252 millions). Dividend per share of New World Developmt is 2.04 HKD, and his stock market price 31.85 HKD.

According to the chart below, where dividend yield is displayed, New World Developmt has a dividend yield of 6.41%, 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 New World Developmt dividend yield with other Real Estate Investment and Services companies or firms from Hong-Kong.

Dividend yield of New World Developmt

New World Developmt Dividend Payout

About the ability of New World Developmt to maintain his current dividend of HKD 2.04 per share, an amount that accounts for 6.41%, we should study its payout ratio both on earnings and on cash-flows (see chart below). New World Developmt payout on ernings is currently 251.85%, which is higher than the market average, and companies of Financials industry, which are 39.27% and 39.00% respectively. Both figures show that New World Developmt 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 New World Developmt is HKD -3.93 per share, which is lower than the dividend per share paid by the company of HKD 2.04, 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 New World Developmt, compared againt world market average, Hong-Kong companies, Financials industry and Real Estate Investment and Services sector companies.

New World Developmt payout

New World Developmt Dividend History

Year Yield  HKD  Paypout  Shares* 
Present6.41%2.04251.85%2,540
20205.65%2.04251.85%2,545
20194.78%0.5127.27%10,223
20184.63%0.4819.92%10,205
20173.92%0.4652.27%9,817
20165.09%0.4442.72%9,388
20155.44%0.4219.00%8,997

*In millions

New World Developmt Stock performance

Finally, last moth New World Developmt showed a return of -13.00% compared to a worldwide -1.33% average, and a -1.33% of Financials firms. Over the last year, the company obtained a -15.10% 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.

New World Developmt stock and market return