Attractive stocks have exceptional fundamentals. In the case of Sun Hung Kai Properties Limited (HKG:16), there’s is a dependable 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. If you’re interested in understanding beyond my broad commentary, read the full report on Sun Hung Kai Properties here.

Excellent balance sheet established dividend payer

16’s strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. This suggests prudent control over cash and cost by management, which is a crucial insight into the health of the company. 16’s debt-to-equity ratio stands at 17%, which means its debt level is acceptable. This implies that 16 has a healthy balance between taking advantage of low cost debt funding as well as sufficient financial flexibility without succumbing to the strict terms of debt.

For those seeking income streams from their portfolio, 16 is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 3.6%.

Next Steps:

For Sun Hung Kai Properties, I’ve compiled three important aspects you should further examine:

1. Future Outlook: What are well-informed industry analysts predicting for 16’s future growth? Take a look at our free research report of analyst consensus for 16’s outlook.

2. Historical Performance: What has 16’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.

3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of 16? 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 editorial-team@simplywallst.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.