About Henderson Land Development Company Limited (HLDVF) — Dividend Analysis 2026
Henderson Land Development Company Limited, an investment holding company, engages in the property development and investment activities in Hong Kong and Mainland China. The company operates through Property Development, Property Leasing, Department Stores and Supermarket-Cum-Stores Operations, Other Businesses, and Utility and Energy segments. The Property Development segment develops and sells real estate properties. Its property portfolio primarily includes offices, shopping arcades, shopping malls, commercial complexes, and residential properties. The Property Leasing segment leases properties. The Department Stores and Supermarket-Cum-Stores Operations segment operates and manages department stores and supermarket-cum-stores. The Other Businesses segment operates and manages hotels; provides construction, finance, project management, property management, agency, and cleaning and security guard services; trades in building materials; and disposes leasehold land, as well as engages in the food and beverage and travel operations. The Utility and Energy segment is involved in production, distribution, and marketing gas; and water supply and environmentally friendly energy businesses. The company was incorporated in 1976 and is headquartered in Central, Hong Kong. Henderson Land Development Company Limited is a subsidiary of Henderson Development Limited.
Is HLDVF a good dividend investment in 2026?
HLDVF offers a 4.23% forward yield with a 50% payout ratio. Strand Safety Score: 78/100 (Safe). The 5-year dividend CAGR of -0.7% is modest — investors should weigh current income against growth alternatives.
HLDVF DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your HLDVF portfolio grows to $10.67M vs $10.24M without reinvestment. This is the compound interest effect in action.
HLDVF dividend growth history & forecast
HLDVF has grown its dividend by 0% over the last year and -0.7% 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 4.23%.
Debt/EBITDA 0.0× — low leverage, balance sheet is strong
Earnings Momentum+5.7B → +6.3B → +9.3B
8 / 30 pts
8/30
Net income is positive but trending down — watch for further deterioration
OVERALL ASSESSMENT
Dividend appears safe — fundamentals solid with moderate concerns.
STRAND SCORE
78
/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.
🌍 HLDVF Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold HLDVF.
Gross yield
4.23%
Tax rate
15.00%
After-tax yield
3.60%
Real yield (−CPI)
0.80%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
4.23%
1.43%
$423 / yr
🇺🇸 US Taxable (15%) ✓
15%
3.60%
0.80%
$360 / yr
🇺🇸 US Taxable (20%)
20%
3.38%
0.58%
$338 / yr
🇬🇧 UK ISA
0%
4.23%
1.43%
$423 / yr
🇬🇧 UK Taxable
8.75%
3.86%
1.06%
$386 / yr
🇨🇦 TFSA
0%
4.23%
1.43%
$423 / yr
🇨🇦 CA Taxable
25%
3.17%
0.37%
$317 / yr
🇦🇺 Super (pension)
15%
3.60%
0.80%
$360 / yr
🇦🇺 AU Taxable
30%
2.96%
0.16%
$296 / yr
🇩🇪 DE Taxable
26.375%
3.11%
0.31%
$311 / yr
🇫🇷 FR Taxable
30%
2.96%
0.16%
$296 / 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.
🎯 HLDVF Income Goal & Break-Even
Dividend Break-Even
31yr
Years for dividends to fully repay your HLDVF investment of $3.78/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$3.6K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$1.1K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in HLDVF for:
Shares needed
176,471
Capital required
$667,060
Monthly income
$2,000
Based on current dividend of $0.16/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 HLDVF Dividend Payment Schedule
HLDVF pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$0.34 / payment
$1.36 / year after tax
100 shares
$3.40 / payment
$13.60 / year after tax
1,000 shares
$34.00 / payment
$136.00 / year after tax
📊 HLDVF vs Real Estate Benchmarks
How HLDVF compares to typical Real Estate averages.
Benchmark: Real Estate
Dividend Yield▼-0.97% vs sectorBelow avg
HLDVF
4.23%
avg
5.20%
5Y Dividend CAGR▼-4.80% vs sectorBelow avg
HLDVF
-0.70%
avg
4.10%
Payout Ratio▲-28.00% vs sectorBetter
HLDVF
50.00%
avg
78.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for HLDVF sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ HLDVF Insider Activity
No recent SEC filings reported in the last 90 days.
🔬
Financial Health Scores
Altman Z-Score
0.67
🔴 Distress Zone — elevated dividend cut risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
5/9
⚠️ 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 HLDVF 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 →