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Wharf Real Estate Investment Co (HKSE:01997) 3-Year Dividend Growth Rate : -9.20% (As of Dec. 2023)


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What is Wharf Real Estate Investment Co 3-Year Dividend Growth Rate?

Wharf Real Estate Investment Co's Dividends per Share for the six months ended in Dec. 2023 was HK$0.67.

The historical rank and industry rank for Wharf Real Estate Investment Co's 3-Year Dividend Growth Rate or its related term are showing as below:

HKSE:01997' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -14.6   Med: -12.1   Max: -9.2
Current: -9.2

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Wharf Real Estate Investment Co was -9.20% per year. The lowest was -14.60% per year. And the median was -12.10% per year.

HKSE:01997's 3-Year Dividend Growth Rate is ranked worse than
73.25% of 572 companies
in the Real Estate industry
Industry Median: 4.75 vs HKSE:01997: -9.20

During the past 12 months, Wharf Real Estate Investment Co's average Dividends Per Share Growth Rate was -4.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -9.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -10.50% 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.

Wharf Real Estate Investment Co's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.63. As of today, Wharf Real Estate Investment Co's Dividend Yield % is 5.37%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Wharf Real Estate Investment Co Ltd is 0.77, which seems too high.

Good Sign:

Wharf Real Estate Investment Co Ltd stock dividend yield is close to 3-year high.

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


Competitive Comparison of Wharf Real Estate Investment Co's 3-Year Dividend Growth Rate

For the Real Estate Services subindustry, Wharf Real Estate Investment Co'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.


Wharf Real Estate Investment Co's 3-Year Dividend Growth Rate Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wharf Real Estate Investment Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Wharf Real Estate Investment Co's 3-Year Dividend Growth Rate falls into.



Wharf Real Estate Investment Co 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.


Wharf Real Estate Investment Co  (HKSE:01997) 3-Year Dividend Growth Rate Explanation

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

Wharf Real Estate Investment Co'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 )
=0.67/ 1.067
=0.63

During the past 10 years, the highest Dividend Payout Ratio of Wharf Real Estate Investment Co was 1.66. The lowest was 0.34. And the median was 0.85.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Wharf Real Estate Investment Co Ltd is 0.77, which seems too high.

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

Wharf Real Estate Investment Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.6102024-04-052024-04-082024-04-23Cash Dividendsemi-annuallyHKD:HKD 1.000000
HKD 0.6702023-08-252023-08-282023-09-12Cash 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.

Wharf Real Estate Investment Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.28/23.85
=5.37 %

Current Share Price is HK$23.85.
Wharf Real Estate Investment Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$1.28.

During the past 10 years, the highest Dividend Yield of Wharf Real Estate Investment Co was 7.85%. The lowest was 2.85%. And the median was 4.01%.

Good Sign:

Wharf Real Estate Investment Co Ltd stock dividend yield is close to 3-year high.

* 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.


Wharf Real Estate Investment Co 3-Year Dividend Growth Rate Related Terms>


Wharf Real Estate Investment Co (HKSE:01997) Business Description

Traded in Other Exchanges
Address
https://www.wharfreic.com/en/investor/reports, 16th Floor, Ocean Centre, Harbour City, Kowloon, Hong Kong, HKG
Wharf spun off Wharf Real Estate Investment Co in November 2017. It is a leading property investor with a focus in prime retail assets in Hong Kong. Rental income from two flagship assets Harbour City and Times Square account for around 80% of revenue. The balance is made up of The Murray hotel, a suburban mall in Plaza Hollywood, two offices in Central CBD. The group also holds two malls in Singapore and a mixed-development in Suzhou. Wharf was originally a shipping company but transformed into a property developer and investor in the 1960s by redeveloping its unused industrial assets, many located in city-center and waterfront locations. The Harbour City site was previously wharfs, and the Times Square site was a tram depot in the 1970s. Wheelock holds a 45% stake in WREIC.

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