2 mins read

HKG:0017 New World Development Co. Ltd.

HKG:0017 New World Development Co. Ltd. operates in the field of Property investment. Dividends totaled $1.89, including a final dividend of $0.3 and a conditional special dividend of $1.59, compared to a final dividend of $1.5 in the same period last year. The special dividend is conditional upon the completion of the disposal of approximately 2.38 billion shares of NWS HOLDINGS (00659.HK)

HKG:0017 New World Development Co. Ltd.

Last update: 22-Apr-24

Quick overview:

    • Yield: 9.96%

(See here Top 10 highest yield)

    • Lot: 1000
    • Price/Earnings ratio : 21.19 (Ideal <20 )
    • Earnings per share : 0.360 (Ideal >0.001)
    • Price as per 22-Apr-24 : HK$7.63
    • Ex-Dividend Date coming up:  N/A

See here all upcoming Ex-Dividend dates

Sector: Property investment

http://www.nwd.com.hk

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Dividend GROWTH related metrics

    1. Average dividend growth 1 year : -63.11%
    2. Average dividend growth 3 years : -11.98%
    3. Average dividend growth 5 years : 4.94% (Ideal >5%)
    4. 10% on costs in how many years: 1. How long does it take to get to 10% Dividend yield on Costs? Yield x 5-yr Average dividend growth
    5. Chowder rule (Yield + 5 yrs average dividend growth) : 14.90%. Ideal would be >15
    6. Yield 5 yr average: 6.24%

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Let’s talk money:

Total Dividends last year: 2.06 per share
Expected Dividends: 2.16 per share. Per lot: 2,161.82. Dividends last year x 5-yr average Dividend growth.
Dividends come in: HKD Mostly it will be in HKD, yet some are expressed in RMB/USD/CAD

Miscellaneous data on Dividends of the company:

  1. Dividend since : 2002
  2. Dividend growth since : 2010
  3. No of years Dividend Growth:
  4. That makes this company a Contender
  5. Payouts/year: 2
  6. Payout in the following months : 5, 12.
  7. Ex-date : N/A
  8. Latest dividend announcement: HK$ 0.30

 

The Data on Risk of not getting a Dividend cut or worse, not getting any Dividends at all:

  1. Earnings per share : 0.360 (Ideal >0.001)
  2. Dividend payout : 602.56% (Ideal <50%)
  3. Dividend Coverage ratio: 0.175 Ideal >2
  4. EPS 5 year growth rate : 20.73 Ideal anything >0
  5. Return on Equity: 0.460 Ideal >10
  6. Years of Dividend Growth: . Aim above 7 years. Also check the Dividend Sheet below.

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Let’s take a look at the liability ratios:

  1. Debt/Equity: higher than 1.5 might be tricky
  2. Cash/Short term debt: 1.02 Ideal >1
  3. Total Liabilities/Assets: 0.56 Look for <1
  4. Net Debt/Equity: 1.09 Aim for <1

For banks, insurance companies and other financial institutions these benchmarks on liability ratios will not apply.

Data related to Value

  1. Price as per 22-Apr-24 : HK$
  2. Price/earnings ratio : (Ideal <20 )
  3. 52 Week low : 14.04
  4. 52 week high : 25.20
  5. Price to 52 Week Low: -45.66%
  6. Price to 52 week high: -69.72%
  7. Graham Number:  27.99 Ideal if this number is higher than current price
  8. Price/Book: 0.08 <3 would be the sweet spot

This is a Blue Chip company, they never come cheap. Or at least not often. So is this enterprise. On the positive, graham Number and P/B ratio are in in favor of the current price.

Dividend Report (incl Special Dividends, if any), the history, projection on dividend growth and how many year to get 10% Yield-on-Cost

Dividend Stock Screener  1-100, 1 = very bad, 100 = extremely good.
GROWTH430
RISK150
VALUE50This is a Blue Chip company, they never come cheap. Or at least not often. So is this enterprise. On the positive, graham Number and P/B ratio are in in favor of the current price.

 

 

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