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HK Electric Investments and HK Electric Investments (HKSE:02638) 3-Year Dividend Growth Rate : 0.00% (As of Dec. 2023)


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What is HK Electric Investments and HK Electric Investments 3-Year Dividend Growth Rate?

HK Electric Investments and HK Electric Investments's Dividends per Share for the six months ended in Dec. 2023 was HK$0.16.

The historical rank and industry rank for HK Electric Investments and HK Electric Investments's 3-Year Dividend Growth Rate or its related term are showing as below:

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of HK Electric Investments and HK Electric Investments was 34.30% per year. The lowest was -7.20% per year. And the median was -3.65% per year.

HKSE:02638's 3-Year Dividend Growth Rate is not ranked *
in the Utilities - Regulated industry.
Industry Median: 5.1
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 5 years, the average Dividends Per Share Growth Rate was -4.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

HK Electric Investments and HK Electric Investments's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.79. As of today, HK Electric Investments and HK Electric Investments's Dividend Yield % is 6.67%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of HK Electric Investments and HK Electric Investments Ltd is 0.89, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of HK Electric Investments and HK Electric Investments's 3-Year Dividend Growth Rate

For the Utilities - Regulated Electric subindustry, HK Electric Investments and HK Electric Investments's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HK Electric Investments and HK Electric Investments's 3-Year Dividend Growth Rate Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, HK Electric Investments and HK Electric Investments's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where HK Electric Investments and HK Electric Investments's 3-Year Dividend Growth Rate falls into.



HK Electric Investments and HK Electric Investments 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


HK Electric Investments and HK Electric Investments  (HKSE:02638) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

HK Electric Investments and HK Electric Investments's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.159/ 0.202
=0.79

During the past 11 years, the highest Dividend Payout Ratio of HK Electric Investments and HK Electric Investments was 1.18. The lowest was 0.40. And the median was 0.99.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of HK Electric Investments and HK Electric Investments Ltd is 0.89, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

HK Electric Investments and HK Electric Investments Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.1609002024-04-052024-04-082024-04-17Cash Dividendsemi-annuallyHKD:HKD 1.000000
HKD 0.1594002023-08-152023-08-162023-08-25Cash Dividendsemi-annuallyHKD:HKD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

HK Electric Investments and HK Electric Investments's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.3203/4.79
=6.69 %

Current Share Price is HK$4.79.
HK Electric Investments and HK Electric Investments's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.3203.

During the past 11 years, the highest Dividend Yield of HK Electric Investments and HK Electric Investments was 7.42%. The lowest was 2.52%. And the median was 5.19%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


HK Electric Investments and HK Electric Investments 3-Year Dividend Growth Rate Related Terms>


HK Electric Investments and HK Electric Investments (HKSE:02638) Business Description

Traded in Other Exchanges
Address
44 Kennedy Road, Hong Kong Electric Centre, Hong Kong, HKG
HK ELECTRIC INVESTMENTS LIMITED is a fixed single investment trust in Hong Kong with a focus on the power industry. The Company is a vertically integrated power utility and its operations comprise the generation, transmission, distribution and supply of electricity to Hong Kong Island and Lamma Island. Its principal operating subsidiary is The Hongkong Electric Company, Limited (HEC). HEC's sole power generation facility is the Lamma Power Station which has an aggregate installed capacity of approximately 3,700 megawatt (MW). The Company provides electricity to approximately 568,000 registered customers on Hong Kong Island and Lamma Island.

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