<p><strong>博富临置业有限公司</strong>（HKG:225）董事会宣布将于 3 月 6 日支付股息，投资者每股将获得 0.32 港元。这意味着年度支付将占当前股价的 6.3%，与行业平均水平相符。</p>
<p>特朗普承诺将&#34;释放&#34;美国的石油和天然气，这 15 只美国股票的发展将受益。</p>
<h2>博富临置业可能难以继续支付股息</h2>
<p>稳定的股息收益率很好，但只有在支付可持续的情况下才真正有帮助。虽然博富临置业尚未盈利，但其支付的自由现金流不到 75%，这意味着还有很多资金可以再投资于业务。我们通常认为现金流比会计利润更重要，因此我们对当前水平的股息感到相对满意。</p>
<p>根据最近的表现，未来一年每股收益可能会下降 59.9%。虽然这意味着公司将处于亏损状态，但我们通常认为现金流更为重要，目前的现金支付比率相当健康，这让我们感到安心。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/878692-historic-dividend-1-dark-2/1766181894944?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/878692-historic-dividend-1-dark-2/1766181894944"/></p>
<p>SEHK:225 历史股息 2025 年 12 月 19 日</p>
<p>查看我们对博富临置业的最新分析</p>
<h2>博富临置业有着良好的业绩记录</h2>
<p>该公司有着稳定支付股息的悠久历史。在过去 10 年中，2015 年的年度支付为 0.27 港元，最近一个财年的支付为 0.36 港元。这相当于在此期间的年复合增长率（CAGR）约为 2.9%。股息增长相对缓慢，这并不理想，但一些投资者可能会重视股息的相对一致性。</p>
<h2>股息增长潜力不稳</h2>
<p>过去几年持有该公司股票的投资者会对他们所获得的股息收入感到满意。然而，情况并不全是美好。在过去五年中，博富临置业的每股收益似乎每年下降约 60%。这种急剧下降可能表明公司正经历困难时期，这可能限制其未来每年支付更高股息的能力。</p>
<h2>我们对博富临置业股息的看法</h2>
<p>总体而言，看到稳定的股息支付是件好事，但我们认为从长远来看，目前的支付水平可能不可持续。公司产生了大量现金，但我们仍然认为股息略高于舒适水平。总体而言，我们认为这家公司并不具备成为优质收入股票的潜力。</p>
<p>值得注意的是，拥有稳定股息政策的公司将比那些股息不稳定的公司更能获得投资者的信心。同时，在投入资金到一只股票之前，我们的读者还应关注其他因素。举个例子，我们发现了 <strong>博富临置业的 3 个警示信号</strong>，其中 1 个不容忽视。想要寻找更多高收益股息的想法？试试我们的 <strong>强劲股息支付者集合。</strong></p>
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<p>下一波机器人技术不是人形的。它是完全自主的塔，在 30 分钟内提供 5G、ISR 和雷达，随处可用。</p>
<p>在下一轮合同之前获取投资者简报</p>
<p>代表 CiTech 赞助</p>

博富临置业

<p>博富临置业（HKG:225）宣布每股派息 0.32 港元，将于 3 月 6 日支付。尽管该公司在稳定派息方面有良好的记录，但由于每股收益下降和高派息比率，关于可持续性的问题引发了担忧。该公司目前处于亏损状态，但保持健康的现金流，这使其长期派息的可行性受到质疑。投资者应对潜在风险保持谨慎</p>

<p>The board of <strong>Pokfulam Development Company Limited</strong> (HKG:225) has announced that it will pay a dividend on the 6th of March, with investors receiving HK$0.32 per share. This means that the annual payment will be 6.3% of the current stock price, which is in line with the average for the industry.</p>
<div class="lb-trans"><p><strong>博富临置业有限公司</strong>（HKG:225）董事会宣布将于 3 月 6 日支付股息，投资者每股将获得 0.32 港元。这意味着年度支付将占当前股价的 6.3%，与行业平均水平相符。</p>
</div><p>Trump has pledged to &#34;unleash&#34; American oil and gas and these 15 US stocks have developments that are poised to benefit.</p>
<div class="lb-trans"><p>特朗普承诺将&#34;释放&#34;美国的石油和天然气，这 15 只美国股票的发展将受益。</p>
</div><h2>Pokfulam Development Might Find It Hard To Continue The Dividend</h2>
<div class="lb-trans"><h2>博富临置业可能难以继续支付股息</h2>
</div><p>Solid dividend yields are great, but they only really help us if the payment is sustainable. While Pokfulam Development is not profitable, it is paying out less than 75% of its free cash flow, which means that there is plenty left over for reinvestment into the business. We generally think that cash flow is more important than accounting measures of profit, so we are fairly comfortable with the dividend at this level.</p>
<div class="lb-trans"><p>稳定的股息收益率很好，但只有在支付可持续的情况下才真正有帮助。虽然博富临置业尚未盈利，但其支付的自由现金流不到 75%，这意味着还有很多资金可以再投资于业务。我们通常认为现金流比会计利润更重要，因此我们对当前水平的股息感到相对满意。</p>
</div><p>Over the next year, EPS might fall by 59.9% based on recent performance. While this means that the company will be unprofitable, we generally believe cash flows are more important, and the current cash payout ratio is quite healthy, which gives us comfort.</p>
<div class="lb-trans"><p>根据最近的表现，未来一年每股收益可能会下降 59.9%。虽然这意味着公司将处于亏损状态，但我们通常认为现金流更为重要，目前的现金支付比率相当健康，这让我们感到安心。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/878692-historic-dividend-1-dark-2/1766181894944" alt="" original-src="https://images.simplywall.st/asset/chart/878692-historic-dividend-1-dark-2/1766181894944"/></p>
<p>SEHK:225 Historic Dividend December 19th 2025</p>
<div class="lb-trans"><p>SEHK:225 历史股息 2025 年 12 月 19 日</p>
</div><p>Check out our latest analysis for Pokfulam Development</p>
<div class="lb-trans"><p>查看我们对博富临置业的最新分析</p>
</div><h2>Pokfulam Development Has A Solid Track Record</h2>
<div class="lb-trans"><h2>博富临置业有着良好的业绩记录</h2>
</div><p>The company has an extended history of paying stable dividends. The annual payment during the last 10 years was HK$0.27 in 2015, and the most recent fiscal year payment was HK$0.36. This works out to be a compound annual growth rate (CAGR) of approximately 2.9% a year over that time. Dividends have grown relatively slowly, which is not great, but some investors may value the relative consistency of the dividend.</p>
<div class="lb-trans"><p>该公司有着稳定支付股息的悠久历史。在过去 10 年中，2015 年的年度支付为 0.27 港元，最近一个财年的支付为 0.36 港元。这相当于在此期间的年复合增长率（CAGR）约为 2.9%。股息增长相对缓慢，这并不理想，但一些投资者可能会重视股息的相对一致性。</p>
</div><h2>Dividend Growth Potential Is Shaky</h2>
<div class="lb-trans"><h2>股息增长潜力不稳</h2>
</div><p>Investors who have held shares in the company for the past few years will be happy with the dividend income they have received. However, things aren't all that rosy. Over the past five years, it looks as though Pokfulam Development's EPS has declined at around 60% a year. This steep decline can indicate that the business is going through a tough time, which could constrain its ability to pay a larger dividend each year in the future.</p>
<div class="lb-trans"><p>过去几年持有该公司股票的投资者会对他们所获得的股息收入感到满意。然而，情况并不全是美好。在过去五年中，博富临置业的每股收益似乎每年下降约 60%。这种急剧下降可能表明公司正经历困难时期，这可能限制其未来每年支付更高股息的能力。</p>
</div><h2>Our Thoughts On Pokfulam Development's Dividend</h2>
<div class="lb-trans"><h2>我们对博富临置业股息的看法</h2>
</div><p>Overall, it's nice to see a consistent dividend payment, but we think that longer term, the current level of payment might be unsustainable. The company is generating plenty of cash, but we still think the dividend is a bit high for comfort. Overall, we don't think this company has the makings of a good income stock.</p>
<div class="lb-trans"><p>总体而言，看到稳定的股息支付是件好事，但我们认为从长远来看，目前的支付水平可能不可持续。公司产生了大量现金，但我们仍然认为股息略高于舒适水平。总体而言，我们认为这家公司并不具备成为优质收入股票的潜力。</p>
</div><p>It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. Just as an example, we've come across <strong>3 warning signs for Pokfulam Development</strong> you should be aware of, and 1 of them shouldn't be ignored. Looking for more high-yielding dividend ideas? Try our <strong>collection of strong dividend payers.</strong></p>
<div class="lb-trans"><p>值得注意的是，拥有稳定股息政策的公司将比那些股息不稳定的公司更能获得投资者的信心。同时，在投入资金到一只股票之前，我们的读者还应关注其他因素。举个例子，我们发现了 <strong>博富临置业的 3 个警示信号</strong>，其中 1 个不容忽视。想要寻找更多高收益股息的想法？试试我们的 <strong>强劲股息支付者集合。</strong></p>
</div><p>Mobile Infrastructure for Defense and Disaster</p>
<div class="lb-trans"><p>移动基础设施用于国防和灾难</p>
</div><p>The next wave in robotics isn't humanoid. Its fully autonomous towers delivering 5G, ISR, and radar in under 30 minutes, anywhere.</p>
<div class="lb-trans"><p>下一波机器人技术不是人形的。它是完全自主的塔，在 30 分钟内提供 5G、ISR 和雷达，随处可用。</p>
</div><p>Get the investor briefing before the next round of contracts</p>
<div class="lb-trans"><p>在下一轮合同之前获取投资者简报</p>
</div><p>Sponsored On Behalf of CiTech</p>
<div class="lb-trans"><p>代表 CiTech 赞助</p>
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博富临置业（HKG:225）的股息将定为每股 0.32 港元