About Power Assets Holdings Limited (HGKGY) — Dividend Analysis 2026
Power Assets Holdings Limited, an investment holding company, generates, transmits, and distributes electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. It generates energy from thermal, renewable energy, and waste sources. The company also transmits and distributes oil and gas; holds property and deposits; and provides consulting, investing, trust administration, and management services. It has a generation capacity of 1,064 MW renewable energy/energy from waste, 5,214 MW gas fired, and 3,815 MW coal/oil fired; and operates 114,200 km of gas/oil pipeline, as well as 402,500 km of power network serving 19,344,000 customers. The company was formerly known as Hongkong Electric Holdings Limited and changed its name to Power Assets Holdings Limited in February 2011. Power Assets Holdings Limited was founded in 1889 and is based in Central, Hong Kong.
Is HGKGY a good dividend investment in 2026?
HGKGY offers a 4.57% forward yield with a 50% payout ratio. Strand Safety Score: 75/100 (Safe). The 5-year dividend CAGR of -11.3% is modest — investors should weigh current income against growth alternatives.
HGKGY DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your HGKGY portfolio grows to $4.8K vs $2.6K without reinvestment. This is the compound interest effect in action.
HGKGY dividend growth history & forecast
HGKGY has grown its dividend by 0% over the last year and -11.3% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 4.57%.
Debt/EBITDA 0.0× — low leverage, balance sheet is strong
Earnings Momentum+6.2B → +6.1B → +6.0B
30 / 30 pts
30/30
Net income grew for 2 consecutive years — strong earnings momentum
OVERALL ASSESSMENT
Dividend appears safe — fundamentals solid with moderate concerns.
STRAND SCORE
75
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 HGKGY Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold HGKGY.
Gross yield
4.57%
Tax rate
15.00%
After-tax yield
3.88%
Real yield (−CPI)
1.08%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
4.57%
1.77%
$457 / yr
🇺🇸 US Taxable (15%) ✓
15%
3.88%
1.08%
$388 / yr
🇺🇸 US Taxable (20%)
20%
3.66%
0.86%
$366 / yr
🇬🇧 UK ISA
0%
4.57%
1.77%
$457 / yr
🇬🇧 UK Taxable
8.75%
4.17%
1.37%
$417 / yr
🇨🇦 TFSA
0%
4.57%
1.77%
$457 / yr
🇨🇦 CA Taxable
25%
3.43%
0.63%
$343 / yr
🇦🇺 Super (pension)
15%
3.88%
1.08%
$388 / yr
🇦🇺 AU Taxable
30%
3.20%
0.40%
$320 / yr
🇩🇪 DE Taxable
26.375%
3.36%
0.56%
$336 / yr
🇫🇷 FR Taxable
30%
3.20%
0.40%
$320 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 HGKGY Income Goal & Break-Even
Dividend Break-Even
50yr+
Years for dividends to fully repay your HGKGY investment of $7.87/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$5.9K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$3.4K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in HGKGY for:
Shares needed
78,432
Capital required
$617,260
Monthly income
$2,000
Based on current dividend of $0.36/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 HGKGY Dividend Payment Schedule
HGKGY pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$0.76 / payment
$3.06 / year after tax
100 shares
$7.65 / payment
$30.60 / year after tax
1,000 shares
$76.50 / payment
$306.00 / year after tax
📊 HGKGY vs Utilities Benchmarks
How HGKGY compares to typical Utilities averages.
Benchmark: Utilities
Dividend Yield▲+0.77% vs sectorBetter
HGKGY
4.57%
avg
3.80%
5Y Dividend CAGR▼-16.40% vs sectorBelow avg
HGKGY
-11.30%
avg
5.10%
Payout Ratio▲-18.00% vs sectorBetter
HGKGY
50.00%
avg
68.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for HGKGY sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ HGKGY Insider Activity
No recent SEC filings reported in the last 90 days.
📅
Next Earnings Report: 2026-08-05(in 127 days)
🔬
Financial Health Scores
Altman Z-Score
10.42
✅ Safe Zone — low bankruptcy risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
6/9
⚠️ Moderate fundamentals
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the HGKGY dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →