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Wharf Real Estate Investment Co (HKSE:01997) Dividend Yield % : 5.37% (As of Apr. 27, 2024)


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What is Wharf Real Estate Investment Co Dividend Yield %?

As of today (2024-04-27), the Trailing Annual Dividend Yield of Wharf Real Estate Investment Co is 5.37%.

Good Sign:

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

The historical rank and industry rank for Wharf Real Estate Investment Co's Dividend Yield % or its related term are showing as below:

HKSE:01997' s Dividend Yield % Range Over the Past 10 Years
Min: 2.85   Med: 4.01   Max: 7.85
Current: 5.37

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%.

HKSE:01997's Dividend Yield % is ranked better than
71.94% of 891 companies
in the Real Estate industry
Industry Median: 3.51 vs HKSE:01997: 5.37

Wharf Real Estate Investment Co's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.63.

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.

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.

As of today (2024-04-27), the Forward Dividend Yield % of Wharf Real Estate Investment Co is 5.12%.

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

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.

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.

The growth rate is calculated with least square regression.

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


Wharf Real Estate Investment Co Dividend Yield % Historical Data

The historical data trend for Wharf Real Estate Investment 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.

* Premium members only.

Wharf Real Estate Investment Co Dividend Yield % Chart

Wharf Real Estate Investment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.52 4.24 3.43 2.98 4.85

Wharf Real Estate Investment Co Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.43 3.50 2.98 3.35 4.85

Competitive Comparison of Wharf Real Estate Investment Co's Dividend Yield %

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


Wharf Real Estate Investment Co's Dividend Yield % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wharf Real Estate Investment Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Wharf Real Estate Investment Co's Dividend Yield % falls into.



Wharf Real Estate Investment Co Dividend Yield % Calculation

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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual 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.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.22/23.85
=5.12 %

Current Share Price is HK$23.85.
Wharf Real Estate Investment Co's Dividends per Share for the forward twelve months is calculated as HK$0.61 * 2 = HK$1.22.

* 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  (HKSE:01997) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Wharf Real Estate Investment Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Wharf Real Estate Investment Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


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.

Wharf Real Estate Investment Co (HKSE:01997) Headlines

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