Hang Lung dividend – Hang Lung Group Ltd. Declares 0.65 Cash Dividend
June 4, 2023
🌥️Dividends Yield
On May 25 2023, Hang Lung ($SEHK:00010) Group Ltd. declared a cash dividend of 0.65 HKD per share, marking a decrease from the 0.86 HKD per share distributed in the past three years. This reduced dividend still yields a respectable 5.47% return for shareholders, making HANG LUNG an attractive option for those looking to invest in a dividend stock. For shareholders to receive the dividend, they must own the stock prior to the ex-dividend date of May 3 2023. HANG LUNG is a renowned real estate company in Hong Kong that has achieved impressive returns over the past few years.
The suitability of investing in HANG LUNG depends on its future performance and dividend payment plans. Thus, investors should do their own research before deciding to invest in this company.
Market Price
The company’s shares opened at HK$12.5 and closed at HK$12.3, a decrease of 2.5% from the previous day’s closing price of HK$12.6. This news comes as a surprise to investors, as HANG LUNG has not declared a dividend in the past few years. Investors remain uncertain regarding the group’s stock performance and dividends in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Hang Lung. More…
| Total Revenues | Net Income | Net Margin |
| 10.94k | 2.72k | 24.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Hang Lung. More…
| Operations | Investing | Financing |
| 4.44k | -3.2k | -4.25k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Hang Lung. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 226.53k | 71.32k | 68.17 |
Key Ratios Snapshot
Some of the financial key ratios for Hang Lung are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.1% | 3.8% | 62.2% |
| FCF Margin | ROE | ROA |
| 15.7% | 4.6% | 1.9% |
Analysis – Hang Lung Stock Intrinsic Value
At GoodWhale, we have conducted a fundamental analysis of HANG LUNG shares and our proprietary Valuation Line has enabled us to calculate the intrinsic value of the stock at around HK$16.9. Currently, the HANG LUNG stock is being traded at a price of HK$12.3, meaning it is undervalued by 27.0%. This presents an opportunity for potential investors to buy shares in the company at a discounted price. More…
Peers
The competition between Hang Lung Group Ltd and its competitors, DaFa Properties Group Ltd, Ying Li International Real Estate Ltd, and Kowloon Development Co Ltd, is fierce. With each company striving to be the leader in the real estate market in Hong Kong and beyond, they are continuously pushing the boundaries of innovation, technology, and customer service. As a result, the competition between these companies has become increasingly intense.
– DaFa Properties Group Ltd ($SEHK:06111)
DaFa Properties Group Ltd is a Chinese real estate developer and service provider. Founded in 1999, the company is headquartered in Guangzhou, China and operates in the residential, commercial, and industrial properties market. As of 2022, DaFa Properties Group Ltd has a market cap of 158.94M. The company’s Return on Equity (ROE) is -39.46%, which implies that the company has not been able to generate a profit from its investments. This is lower than the industry average and could be an indication of weak financial performance. Nevertheless, DaFa Properties Group Ltd is still a large player in the Chinese real estate market and continues to be a viable option for investors.
– Ying Li International Real Estate Ltd ($SGX:5DM)
Ying Li International Real Estate Ltd is a real estate company that provides a range of services and products related to residential and commercial developments. As of 2022, the company has a market capitalization of 125.29M, which is the total value of its outstanding shares. Additionally, their Return on Equity (ROE) is -5.08%, indicating that the company is not generating income from shareholders’ investments.
– Kowloon Development Co Ltd ($SEHK:00034)
Kowloon Development Co Ltd is a Hong Kong-based conglomerate that specializes in real estate development, construction, and asset management. As of 2022, the company has a market capitalization of 8.6 billion dollars, making it one of the largest companies in Hong Kong. Furthermore, Kowloon Development Co Ltd has an impressive Return on Equity of 6.32%, which demonstrates the company’s ability to effectively manage its assets and generate attractive returns on investments.
Summary
HANG LUNG is a dividend stock worth considering for investors looking for consistent returns. For the past three years, the company has distributed annual dividends of 0.86 HKD per share, resulting in a 5.47% yield each year. The company’s consistent dividend payments make it a reliable option for dividend investors to generate steady income.
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