If you are interested in cashing in on Sino Land Company Limited’s (SEHK:83) upcoming dividend of HK$0.58 per share, you only have 3 days left to buy the shares before its ex-dividend date, 13 March 2018, in time for dividends payable on the 20 April 2018. Is this future income a persuasive enough catalyst for investors to think about Sino Land as an investment today? Below, I’m going to look at the latest data and analyze the stock and its dividend property in further detail. See our latest analysis for Sino Land

What Is A Dividend Rock Star?

It is a stock that pays a consistent, reliable and competitive dividend over a long period of time, and is expected to continue to pay in the same manner many years to come. More specifically: It is paying an annual yield above 75% of dividend payers It has paid dividend every year without dramatically reducing payout in the past Its has increased its dividend per share amount over the past It is able to pay the current rate of dividends from its earnings It has the ability to keep paying its dividends going forward

High Yield And Dependable

Sino Land’s yield sits at 3.69%, which is high for Real Estate stocks. But the real reason Sino Land stands out is because it has a proven track record of continuously paying out this level of dividends, from earnings, to shareholders and can be expected to continue paying in the future. This is a highly desirable trait for a stock holding if you’re investor who wants a robust cash inflow from your portfolio over a long period of time.

Reliablity is an important factor for dividend stocks, particularly for income investors who want a strong track record of payment and a positive outlook for future payout. In the case of 83 it has increased its DPS from HK$0.35 to HK$0.53 in the past 10 years. During this period it has not missed a payment, as one would expect for a company increasing its dividend. These are all positive signs of a great, reliable dividend stock. The company currently pays out 23.32% of its earnings as a dividend, according to its trailing twelve-month data, which means that the dividend is covered by earnings. Going forward, analysts expect 83’s payout to increase to 65.48% of its earnings, which leads to a dividend yield of 4.66%. However, EPS is forecasted to fall to HK$1.09 in the upcoming year. Therefore, although payout is expected to increase, the fall in earnings may not equate to higher dividend income.

Next Steps:

Sino Land ticks all the boxes for what I look for in a dividend stock. If you are looking to build an income focused portfolio, this could be one to include. However, given this is purely a dividend analysis, I urge potential investors to try and get a good understanding of the underlying business and its fundamentals before deciding on an investment. I’ve put together three important aspects you should further research: