Power Assets Payout ratio
What is the Payout ratio of Power Assets?
The Payout ratio of Power Assets Holdings Limited is 78.06%
What is the definition of Payout ratio?
Payout ratio is the fraction of earnings paid in dividends to stockholders.
ttm (trailing twelve months)
The payout ratio is calculated by dividing the dividends paid out by the net earnings for a certain period. It is usually expressed as a percentage. The part of the earnings not paid to investors is left for investment to provide for future earnings growth. Investors seeking high current income and limited capital growth prefer companies with high payout ratio. However investors seeking capital growth may prefer lower payout ratio because capital gains are taxed at a lower rate. High growth firms in early life generally have low or zero payout ratios. As they mature, they tend to return more of the earnings back to investors.
Payout ratio of companies in the Utilities sector on HKSE compared to Power Assets
What does Power Assets do?
Power Assets Holdings Limited, an investment holding company, generates, transmits, and distributes electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. The company generates energy from thermal, renewable energy, and waste sources. It also distributes gas; transmits oil; holds property and deposits; and provides consulting, investing, trust administration, and management services. The company has a generation capacity of 1,004 MW renewable energy/energy from waste, 4,754 MW gas fired, and 4,216 MW coal/oil fired; and operates 114,000 km of gas/oil pipeline, as well as 400,700 km of power network serving 19,192,000 customers. The company was formerly known as Hongkong Electric Holdings Limited and changed its name to Power Assets Holdings Limited in February 2011. Power Assets Holdings Limited was founded in 1889 and is based in Central, Hong Kong.
Companies with payout ratio similar to Power Assets
- Northfield Bancorp Inc has Payout ratio of 77.61%
- CRCAM d'Ille et Vilaine has Payout ratio of 77.62%
- Arcos Dorados Inc has Payout ratio of 77.78%
- ING Groep N.V has Payout ratio of 77.86%
- Meilleure Health International Industry has Payout ratio of 77.90%
- Ryman Hospitality Properties Inc has Payout ratio of 77.90%
- Power Assets has Payout ratio of 78.06%
- Malayan Banking Bhd has Payout ratio of 78.10%
- West Bancorporation has Payout ratio of 78.13%
- Bosideng International has Payout ratio of 78.18%
- AXA SA has Payout ratio of 78.18%
- Pimco High Income Fund has Payout ratio of 78.26%
- Safety Insurance has Payout ratio of 78.26%