An Analysis of APT Satellite Holdings Ltd’s Dividend History, Yield, Growth, and Future Prospects

APT Satellite Holdings Ltd (ASEJF) recently announced a dividend of $0.05 per share, payable on 2023-10-11, with the ex-dividend date set for 2023-09-18. The company is an investment holding company engaged in satellite transponder capacity and related services, broadcasting and telecommunications services, and other services. Its revenue is derived from customers in Hong Kong, Greater China, Southeast Asia, and other regions.

APT Satellite Holdings Ltd has maintained a consistent dividend payment record since 2020, distributing dividends on a bi-annual basis. The company currently offers a 12-month trailing dividend yield of 10.81% and a 12-month forward dividend yield of 10.81%. Over the past three years, its annual dividend growth rate was 16.80%, increasing to 22.20% over a five-year horizon and 17.30% over the past decade. The dividend yield on cost of APT Satellite Holdings Ltd stock is approximately 29.46%.

However, the sustainability of the dividend is a concern due to the company’s high dividend payout ratio of 0.95 as of 2023-06-30. This suggests that a significant portion of earnings is distributed as dividends, potentially limiting funds for future growth. APT Satellite Holdings Ltd’s profitability rank is 8 out of 10, indicating good profitability prospects. The company has reported positive net income over the past decade.

In terms of growth metrics, APT Satellite Holdings Ltd has a growth rank of 8 out of 10, suggesting a positive growth trajectory compared to competitors. However, its revenue growth has averaged -3.80% per year over the past three years, underperforming approximately 76.78% of global competitors. The company’s earnings growth rate has also been negative at -13.80% per year on average, underperforming approximately 79.54% of global competitors. Additionally, its 5-year EBITDA growth rate is -16.50%, underperforming approximately 90.52% of global competitors.

Considering the high payout ratio, underperformance in revenue and earnings growth, investors should closely monitor these metrics before making investment decisions.