Power Assets Holding Dividend yield

Power Assets Holding is part of Electricity business, which is part of Utilities industry. Power Assets Holding is a company from Hong-Kong, and his stocks are publicly traded.

Power Assets Holding stock dividend

Power Assets Holding paid a total dividend of 6,009 million HKD last year, for a market value of 82,363 millions (Market Cap 52,747 millions). Power Assets Holding dividend per share is 2.82 HKD, and his stock market price 38.65 HKD.

According to the chart below, where dividend yield is displayed, Power Assets Holding has a dividend yield of 7.30%, which is higher than the amount offered by both the market average and companies from Hong-Kong. It is also bigger than average of Utilities 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 Power Assets Holding stocks dividend with other Electricity companies or other of the high Hong-Kong dividend stocks list.

Power Assets Holding Dividend Payout

About the ability of Power Assets Holding to maintain his current dividend of HKD 2.82 per share, an amount that accounts for 7.30%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Power Assets Holding payout on ernings is currently 106.42%, which is higher than the market average, and companies of Utilities industry, which are 39.34% and 60.08% respectively. Both figures show that Power Assets Holding 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 Power Assets Holding is HKD 2.56 per share, which is lower than the dividend per share paid by the company of HKD 2.82, 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 Power Assets Holding, compared againt world market average, Hong-Kong companies, Utilities industry and Electricity sector companies.

Power Assets Holding Dividend History

Below you will find a table with the historical evolution of Power Assets Holding's dividend stock, both in percentage and in HKD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	HKD	Paypout	Shares*
Present	7.30%	2.82	106.42%	2,131
2022	6.60%	2.82	98.26%	2,134
2021	5.80%	2.82	97.92%	2,134
2020	6.67%	2.80	84.08%	2,134
2019	4.91%	2.80	78.21%	2,134
2018	5.14%	2.80	71.98%	2,134
2017	4.23%	2.79	92.69%	2,134
2016	3.68%	2.72	74.93%	2,134
2015	3.88%	2.69	9.32%	2,134

*In millions

Then you can see the evolution of Power Assets Holding dividend stock, and compare it with the average of Hong-Kong stocks and that of the Electricity stocks.

Power Assets Holding Stock performance

Finally, last moth Power Assets Holding showed a return of -5.30% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a -17.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Hong-Kong and Electricity firms.