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大摩:料長實(1113.HK)去年每股派息最少2.07港元,評級“增持”

格隆匯3月9日丨大摩表示,長實集團(1113.HK)將可從早前出售飛機租賃業務中,將獲得300億港元,而長和系旗下長實、長江基建(1038.HK)及電能實業(0006.HK)早前傳出洽售共同持有的英國電力資產UK Power Networks,該行認為若相關交易獲得確認,將可從出售中獲得300億港元,從而產生淨現金頭寸,將對公司去年增加派息和潛在回購的目標有所支持,予目標價54港元及“增持”評級。

該行表示,預計長實去年每股收益為5.66港元,按年增長7%,隨着其酒吧業務將出現轉機以及來自新收購的基礎設施資產所作的貢獻,預期去年每股派息少為2.07港元,意味着股息率為4.1%,預期今年的每股派息將再次上升10%。該行續指,股份回購可能會在全年業績公佈後恢復,儘管市場狀況可能會導致長實採取更加謹慎的態度。

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