I think in HK, smaller banks are also "strong enough" to pay dividends. Up to now, they still have healthy balance sheets. No worry of them.
But HSBC is different. Its global business makes it always have too much goodwills and too much employees.
Dividends are coming from profits. Over past 5 years, 005.HK's net profits totalling HK$16.6, but it paid cash dividends totalling HK$19.8 (from aastocks.com). I am afraid this pattern might not be carried on.
Billy Sir,
回覆刪除But it can be good for some local "small banks" & "loan sharks", e.g. 086.HK; 626.HK; 900.HK.
They borrow money from big banks such as HSBC.
When market interest rate is downward or even stable for a long time, they can restructure new borrowings and can pay lesser borrowing interest.
But of course, their short term share prices may be suffered as a whole when 005.HK & 011.HK are with downward trends.
Good Luck!
^_^
Safety is most important than making money for me 。
刪除I think in HK, smaller banks are also "strong enough" to pay dividends. Up to now, they still have healthy balance sheets. No worry of them.
刪除But HSBC is different. Its global business makes it always have too much goodwills and too much employees.
Dividends are coming from profits. Over past 5 years, 005.HK's net profits totalling HK$16.6, but it paid cash dividends totalling HK$19.8 (from aastocks.com). I am afraid this pattern might not be carried on.
Just my little thinkings.
Good Luck again.
^_^
對派息比率太高既會好有介心。
回覆刪除303我見而家都好平。student 兄又會唔會諗?
但佢派息比連都好高,PB 又唔平。。。。