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大和料华润燃气(1193.HK)股息长远每年增一成目标升至43港元
格隆汇 07-30 13:19

大和发表研究报告指,华润燃气(1193.HK)已进入收成期,预料公司将派息比率由去年的38%增加,至2024年起的50%,长远每年增加每股派息10%,成为可被视为类似企业债的投资。该行重申予其“优于大市”评级,目标价则由42港元调升至43港元。

大和提到,公司股价自本月15日起的股价下调6%,已反映上半年盈利增长受行业活动放缓的影响。该行相信,公司2018年至2021年的每股盈利年複合增长率可达13%,而每股派息则可达21%的年複合增长率,2021年的派息比率可增至47%,2030年以现时股价计的股息收益率可达8%。

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