March 21, 2023

Hong Kong Dividend Stocks

210303 HKG:1238 Powerlong results

210303 HKG:1238 Powerlong results

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The HKG:1238 Powerlong results were announced on March 3, 2021.

As you can see, the total dividends over 2020 got 25% increased. Not only that is good news, what also works is the fact Powerlong increased their dividends for 10 years in a row. That makes them go up to the next level: Dividend contender.

Net Profit got up 60% compared to 2019. (For future reference, this is the year that Covid started.)

EPS also got up with 50%

Dividend payout ratio went from 35% in 2019 to 25% over 2020.

This is also a good looking company if it comes down to Dividend Growth investing.

 

 

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