Wharf Real Estate Investment Co Ltd

01997: XHKG (HKG)
View Stock Summary
Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
G^#LOCK|RP^DLOCK|qhT?yZg

Wharf REIC Earnings: Increased Dividend Payout Encouraging; Shares Fairly Valued

Wharf REIC's first-half underlying net profit rose 6% year on year due to lower financing costs following the company's deleveraging efforts. Shares rallied about 20% after the company increased its core earnings payout ratio to 90% from 65%. The interim dividend increased 42% to HKD 0.94 per share.

Sponsor Center