If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Kowloon Development Co Ltd is 2.86, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Kowloon Development Co was 2.86. The lowest was 0.35. And the median was 0.47.
During the past 12 months, Kowloon Development Co's average Dividends Per Share Growth Rate was 1.20% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 3.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 6.70% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 4.80% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Kowloon Development Co was 27.90% per year. The lowest was -7.50% per year. And the median was 3.50% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Kowloon Development Co Dividend Yield % Historical Data
The historical data trend for Kowloon Development Co's Dividend Yield % 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.
Competitive Comparison of Kowloon Development Co's Dividend Yield %
For the Real Estate - Development subindustry, Kowloon Development Co's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.
Kowloon Development Co's Dividend Yield % Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Kowloon Development Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Kowloon Development Co's Dividend Yield % falls into.
Kowloon Development Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Kowloon Development Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
HKD 0.260000
2023-12-15
2023-12-19
2024-01-09
Cash Dividend
semi-annually
HKD:HKD 1.000000
HKD 0.570000
2023-06-15
2023-06-19
2023-07-05
Cash Dividend
semi-annually
HKD: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.
* 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.
Kowloon Development Co (HKSE:00034) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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.
Kowloon Development Co Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Kowloon Development Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Kowloon Development Co (HKSE:00034) Business Description
Kowloon Development Co Ltd is an investment holding company. It operates in three segments: Property development, which includes the development and sale of properties and interests in property development; Property investment segment includes leasing of properties to generate rental income and to gain from the appreciation in the properties' values in the long term; and Other businesses segment, which includes the financial investments, the provision of financial services, the provision of property management services and treasury operations. The company generates the majority of its revenue from the sale of properties. Its geographical segments are Hong Kong, which accounts for the majority of revenue; Mainland China; and Others.
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