New World Development's dividends sustainability is doubtful...
New World Development's dividends sustainability is doubtful as they're not well covered by earnings or cash flow. Declining earnings per share and high payout ratio hint at a potential dividend cut, making it unappealing for dividend investors.
It Might Not Be A Great Idea To Buy New World Development Company Limited (HKG:17) For Its Next Dividend
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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