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.
