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Established in 2003, Fortune REIT is a real estate investment trust constituted by a trust deed (as amended, supplemented or otherwise modified from time to time). It is the first REIT to hold assets in Hong Kong and is currently listed on the Main Board of The Stock Exchange of Hong Kong Limited. Fortune REIT currently holds a portfolio of 16 private housing estate retail properties in Hong Kong, comprising of 3 million sq. ft. of retail space and 2,713 car parking spaces. The retail properties are Fortune City One, +WOO, Ma On Shan Plaza, Metro Town, Fortune Metropolis, Belvedere Square, Laguna Plaza, Waldorf Avenue, Caribbean Square, Jubilee Square, Smartland, Tsing Yi Square, Centre de Laguna, Hampton Loft, Lido Avenue and Rhine Avenue. They house tenants from diverse trade sectors such as supermarkets, food and beverage outlets, banks, real estate agencies, and education providers.

Fortune Real Estate Investment Trust Dividend Announcement

Fortune Real Estate Investment Trust announced a semi annually dividend of HK$0.18 per ordinary share which will be made payable on 2024-09-17. Ex dividend date: 2024-08-22
Fortune Real Estate Investment Trust annual dividend for 2024 was HK$0.36
Fortune Real Estate Investment Trust annual dividend for 2023 was HK$0.43
Fortune Real Estate Investment Trust's trailing twelve-month (TTM) dividend yield is 8.97%
Fortune Real Estate Investment Trust's payout ratio for the trailing twelve months (TTM) is -117.91%
Fortune Real Estate Investment Trust's dividend growth over the last five years (2018-2023) was -3.37% year
Fortune Real Estate Investment Trust's dividend growth over the last ten years (2013-2023) was 2.33% year

Fortune Real Estate Investment Trust Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-22HK$0.18semi annually2024-09-17
2024-03-25HK$0.18semi annually
2023-08-23HK$0.22semi annually2023-09-22
2023-03-22HK$0.21semi annually2023-04-21
2022-08-22HK$0.23semi annually2022-09-16
2022-03-16HK$0.20semi annually2022-04-22
2021-08-23HK$0.25semi annually2021-09-17
2021-02-23HK$0.25semi annually2021-03-18
2020-08-10HK$0.23semi annually2020-09-18
2020-02-19HK$0.25semi annually2020-03-06
2019-08-13HK$0.26semi annually2019-08-29
2019-02-13HK$0.25semi annually2019-03-01
2018-08-10HK$0.26semi annually2018-08-29
2018-02-05HK$0.25semi annually2018-02-28
2017-08-10HK$0.26semi annually2017-08-29
2017-02-09HK$0.24semi annually2017-03-01
2016-08-04HK$0.25semi annually
2016-02-03HK$0.23semi annually
2015-08-11HK$0.23semi annually
2015-02-03HK$0.21semi annually
2014-08-07HK$0.21semi annually
2014-02-07HK$0.18semi annually
2013-07-25HK$0.18semi annually
2013-02-05HK$0.17semi annually

Fortune Real Estate Investment Trust Dividend per year

Fortune Real Estate Investment Trust Dividend growth

Fortune Real Estate Investment Trust Dividend Yield

Fortune Real Estate Investment Trust current trailing twelve-month (TTM) dividend yield is 8.97%. Interested in purchasing Fortune Real Estate Investment Trust stock? Use our calculator to estimate your expected dividend yield:

Fortune Real Estate Investment Trust Financial Ratios

P/E ratio-12.00
PEG ratio-0.62
P/B ratio0.30
ROE-2.46%
Payout ratio-117.91%
Current ratio0.12
Quick ratio0.12
Cash Ratio0.05

Fortune Real Estate Investment Trust Dividend FAQ

How much is the next Fortune Real Estate Investment Trust dividend?
Fortune Real Estate Investment Trust's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Fortune Real Estate Investment Trust dividend. The next Fortune Real Estate Investment Trust dividend will be released in March, or August.
When is Fortune Real Estate Investment Trust dividend paid?
Fortune Real Estate Investment Trust pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, and August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Fortune Real Estate Investment Trust pay?
The specific amount of Fortune Real Estate Investment Trust dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Fortune Real Estate Investment Trust's dividend history.
Does Fortune Real Estate Investment Trust stock pay dividends?
Yes, Fortune Real Estate Investment Trust does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Fortune Real Estate Investment Trust's dividend history.
How much dividend does Fortune Real Estate Investment Trust pay?
Fortune Real Estate Investment Trust paid HK$0.362 in 2024, HK$0.435 in 2023, HK$0.429 in 2022, HK$0.495 in 2021, and HK$0.478 in 2020.
How often does Fortune Real Estate Investment Trust pay dividends?
Fortune Real Estate Investment Trust typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around March, and August.
What is Fortune Real Estate Investment Trust's dividend yield?
The current dividend yield for Fortune Real Estate Investment Trust is 8.97%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Fortune Real Estate Investment Trust's exact dividend yield.
When does Fortune Real Estate Investment Trust go ex dividend?
Fortune Real Estate Investment Trust's ex-dividend date for the latest dividend was on 2024-08-22. Fortune Real Estate Investment Trust typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Fortune Real Estate Investment Trust dividend paid?
Fortune Real Estate Investment Trust pays dividends on a semi annually basis, typically around March, or August, but the exact dates can vary each year.
Will Fortune Real Estate Investment Trust increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Fortune Real Estate Investment Trust will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Fortune Real Estate Investment Trust dividend per share?
Fortune Real Estate Investment Trust paid HK$0.362 per share in 2024 and HK$0.435 per share in 2023. The amount of dividend per share that Fortune Real Estate Investment Trust pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Fortune Real Estate Investment Trust a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Fortune Real Estate Investment Trust a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Fortune Real Estate Investment Trust a dividend stock?
Yes, Fortune Real Estate Investment Trust is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Fortune Real Estate Investment Trust a good dividend stock?
Whether Fortune Real Estate Investment Trust is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Fortune Real Estate Investment Trust has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Fortune Real Estate Investment Trust as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Fortune Real Estate Investment Trust pay dividends monthly?
Fortune Real Estate Investment Trust typically pays dividends on a semi annually basis.
Does Fortune Real Estate Investment Trust pay dividends quarterly?
Fortune Real Estate Investment Trust currently pays dividends on a semi annually basis.
Has Fortune Real Estate Investment Trust ever paid a dividend?
Yes, Fortune Real Estate Investment Trust has a history of paying dividends to its shareholders. Fortune Real Estate Investment Trust is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Fortune Real Estate Investment Trust dividend stocks?
To buy Fortune Real Estate Investment Trust you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Fortune Real Estate Investment Trust stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Fortune Real Estate Investment Trust pay dividends 2024?
Fortune Real Estate Investment Trust pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-17. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Fortune Real Estate Investment Trust increase its dividend in 2024?
Decisions regarding Fortune Real Estate Investment Trust dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Fortune Real Estate Investment Trust dividend overview you can look into the above table of dividend history.
How Fortune Real Estate Investment Trust dividend works?
The Fortune Real Estate Investment Trust dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Fortune Real Estate Investment Trust's dividend process works:

1. Determination of Dividend: Fortune Real Estate Investment Trust's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Fortune Real Estate Investment Trust publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Fortune Real Estate Investment Trust distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Fortune Real Estate Investment Trust are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Fortune Real Estate Investment Trust dividends paid?
Fortune Real Estate Investment Trust dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Fortune Real Estate Investment Trust sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Fortune Real Estate Investment Trust distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Fortune Real Estate Investment Trust declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Fortune Real Estate Investment Trust pay dividends?
Fortune Real Estate Investment Trust typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Fortune Real Estate Investment Trust pay dividends?
The general pattern is that Fortune Real Estate Investment Trust pays dividends around March, and August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Fortune Real Estate Investment Trust dividend safe?
The safety of Fortune Real Estate Investment Trust's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Fortune Real Estate Investment Trust's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Fortune Real Estate Investment Trust's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.