Power Assets Holding Dividend yield




   HKD/share 
 Price  45.90
 Dividend  2.80
 Earnings  2.87
 Cash-flow  2.72
 Book value  38.25
 Equity  34.17

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 paid a total dividend of 5,975 million HKD last year, for a market value of 97,951 millions (Market Cap 62,734 millions). Dividend per share of Power Assets Holding is 2.80 HKD, and his stock market price 45.90 HKD.

According to the chart below, where dividend yield is displayed, Power Assets Holding has a dividend yield of 6.10%, 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 dividend yield with other Electricity companies or firms from Hong-Kong.

Dividend yield of Power Assets Holding

Power Assets Holding Dividend Payout

About the ability of Power Assets Holding to maintain his current dividend of HKD 2.80 per share, an amount that accounts for 6.10%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Power Assets Holding payout on ernings is currently 97.56%, which is higher than the market average, and companies of Utilities industry, which are 38.16% and 58.26% 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 2.72 per share, which is lower than the dividend per share paid by the company of HKD 2.80, 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 payout

Power Assets Holding Dividend History

Year Yield  HKD  Paypout  Shares* 
Present6.10%2.8097.56%2,134
20206.67%2.8084.08%2,134
20194.91%2.8078.21%2,134
20185.14%2.8071.98%2,134
20174.23%2.7992.69%2,134
20163.68%2.7274.93%2,134
20153.88%2.699.32%2,134

*In millions

Power Assets Holding Stock performance

Finally, last moth Power Assets Holding showed a return of 6.50% compared to a worldwide 4.25% average, and a 7.19% of Utilities firms. Over the last year, the company obtained a -1.00% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for Hong-Kong and Electricity firms.

Power Assets Holding stock and market return