Cathay Pacific Airways Ltd
00293: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.Q! | LOCK|K%s | LOCK|DRY@#r |
Cathay Earnings: 2024 Profit Surprises Positively; Valuation Increased 12% as We Transfer Coverage
We transfer coverage to a new analyst. Cathay Pacific’s 2024 earnings of HKD 9.9 billion was largely flat year on year. The company announced a full-year dividend of HKD 0.69 per share, its highest since 2010, approaching its target payout of approximately 50% of profits.
