New World Development Co (HKSE:00017) Dividend Payout Ratio : 1.03 (As of Dec. 2023)

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What is New World Development Co Dividend Payout Ratio?

New World Development Co's dividend payout ratio for the months ended in Dec. 2023 was 1.03.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of New World Development Co Ltd is 1.69, which seems too high.

The historical rank and industry rank for New World Development Co's Dividend Payout Ratio or its related term are showing as below:

HKSE:00017' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.65 Max: 5.56
Current: 1.69

During the past 13 years, the highest Dividend Payout Ratio of New World Development Co was 5.56. The lowest was 0.23. And the median was 0.65.

HKSE:00017's Dividend Payout Ratio is ranked worse than
96.79% of 717 companies
in the Real Estate industry
Industry Median: 0.42 vs HKSE:00017: 1.69

As of today (2024-04-28), the Dividend Yield % of New World Development Co is 6.14%.

During the past 13 years, the highest Trailing Annual Dividend Yield of New World Development Co was 26.31%. The lowest was 2.72%. And the median was 4.78%.

New World Development Co's Dividends per Share for the months ended in Dec. 2023 was HK$0.30.

During the past 12 months, New World Development Co's average Dividends Per Share Growth Rate was -63.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -1.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of New World Development Co was 160.00% per year. The lowest was -41.60% per year. And the median was 4.15% per year.

The growth rate is calculated with least square regression.

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

New World Development Co Dividend Payout Ratio Historical Data

The historical data trend for New World Development Co's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

New World Development Co Dividend Payout Ratio Chart

New World Development Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

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0.28

5.56

4.30

0.73

3.31

New World Development Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															8.77	0.49	6.52	2.88	1.03

Competitive Comparison of New World Development Co's Dividend Payout Ratio

For the Real Estate - Diversified subindustry, New World Development Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

New World Development Co's Dividend Payout Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, New World Development Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where New World Development Co's Dividend Payout Ratio falls into.

New World Development Co Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

New World Development Co's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	1.96	/	0.592
	=	3.31

New World Development 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 )
	=	0.3	/	0.29
	=	1.03

New World Development Co (HKSE:00017) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

New World Development Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of New World Development Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

New World Development Co (HKSE:00017) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New World Development Co Ltd (HKSE:00017) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

NDVLY:USA NWWDF:USA NWDA:Germany

Address

16-18 Queen's Road, Central, 30th Floor, New World Tower, Hong Kong, HKG

Website

https://www.nwd.com.hk

New World Development, or NWD, is the listed property arm of Chow Tai Fook, owned by the Cheng family. Chow Tai Fook owns a 45% stake in NWD, which mainly engages in residential property development and investment properties of retail malls and offices in Hong Kong and mainland China. NWD also develops high-end hotels across Hong Kong, mainland China and in Southeast Asia. Additionally, NWD holds a 75% interest in New World Department Store China, which operates 24 department stores in mainland China.

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