The Wharf (Holdings) Ltd's Dividend Analysis
In This Article:
Insight into The Wharf (Holdings) Ltd's Upcoming Dividend and Financial Health
The Wharf (Holdings) Ltd (WARFY) recently announced a dividend of $0.05 per share, payable on 2024-05-10, with the ex-dividend date set for 2024-04-09. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into The Wharf (Holdings) Ltd's dividend performance and assess its sustainability.
What Does The Wharf (Holdings) Ltd Do?
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The Wharf (Holdings) Ltd operates through various segments, including investment properties, development properties, hotels, logistics, and investments. The company's primary focus is on property leasing, development, and management, with a significant presence in Mainland China. The diverse portfolio and strategic segment positioning allow The Wharf (Holdings) Ltd to tap into different revenue streams, which is crucial for maintaining a stable dividend payout.
A Glimpse at The Wharf (Holdings) Ltd's Dividend History
The Wharf (Holdings) Ltd has been a consistent player in the dividend game, with regular payments traced back to 2013. The company has chosen a bi-annual distribution strategy, which has been well-received by investors looking for periodic income. Tracking the historical trends of the company's Dividends Per Share provides valuable insights into its dividend reliability.
Breaking Down The Wharf (Holdings) Ltd's Dividend Yield and Growth
The Wharf (Holdings) Ltd currently sports a trailing dividend yield of 1.56% and mirrors this with a forward dividend yield of the same percentage. This parallel suggests that investors can expect a steady dividend payout in the coming year. However, the company's dividend growth rate over the past three, five, and ten years shows a decline, with the most recent five-year growth rate averaging -30.40% per year. Despite this, the 5-year yield on cost stands at approximately 0.25%, which is a metric to consider for long-term investors.
The Sustainability Question: Payout Ratio and Profitability
Assessing the sustainability of The Wharf (Holdings) Ltd's dividend involves examining the dividend payout ratio, which currently stands at 0.54. This ratio is within a reasonable range, indicating that the company retains enough of its earnings for growth and to cushion any financial setbacks. The Wharf (Holdings) Ltd's profitability rank is 6 out of 10, reflecting fair profitability and a history of net profit in 9 out of the past 10 years.