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As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of Prosperity Real Estate Investment Trust (HKG:808), it is a notable dividend payer that has been able to sustain great financial health over the past. In the following section, I expand a bit more on these key aspects. For those interested in digger a bit deeper into my commentary, take a look at the report on Prosperity Real Estate Investment Trust here.
Adequate balance sheet average dividend payer
808 is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This indicates that 808 has sufficient cash flows and proper cash management in place, which is a crucial insight into the health of the company. 808’s debt-to-equity ratio stands at 27%, which means its debt level is acceptable. This means that 808’s capital structure strikes a good balance between low-cost debt funding and maintaining financial flexibility without overly restrictive terms of debt.
For those seeking income streams from their portfolio, 808 is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 5.3%.
For Prosperity Real Estate Investment Trust, there are three key factors you should further research:
- Future Outlook: What are well-informed industry analysts predicting for 808’s future growth? Take a look at our free research report of analyst consensus for 808’s outlook.
- Historical Performance: What has 808's returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of 808? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at email@example.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.